Biard Michael 4
4 · NEXSTAR MEDIA GROUP, INC. · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
Nexstar (NXST) President & COO Michael Biard Sells Shares
What Happened
- Michael Biard, President & COO of Nexstar Media Group (NXST), disposed of 1,227 shares on June 12, 2026. The shares were sold at $174.21 per share for a total proceeds value of approximately $213,750. The filing indicates the sale was to cover tax withholding obligations tied to performance-based restricted stock units that vested on June 8, 2026.
Key Details
- Transaction date and price: 2026-06-12 — 1,227 shares sold at $174.21 per share.
- Total proceeds: ~$213,750.
- Reason/footnote: Footnote F1 — sale made to cover tax withholding for performance-based RSUs that vested June 8, 2026.
- Filing date and timeliness: Form 4 filed 2026-06-15 (timely; within required reporting window).
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
Context
- This was a sale to satisfy tax-withholding obligations tied to vested RSUs, a routine administrative transaction rather than a new purchase signal. Such sales are common following vesting events and do not, by themselves, indicate a change in the insider’s view of the company.
Insider Transaction Report
Form 4
Biard Michael
President & COO
Transactions
- Sale
Common Stock
[F1]2026-06-12$174.21/sh−1,227$213,750→ 17,105 total
Footnotes (1)
- [F1]The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the settlement of performance-based restricted stock units that vested on June 8, 2026.
Signature
/s/ Mark Hoyla, Attorney-in-Fact for Michael Biard|2026-06-15