Grossman Jay M. 4

What Happened Jay M. Grossman, a director of Nexstar Media Group, was awarded 905 restricted stock units (RSUs) on March 19, 2026. The award is reported as a derivative grant (transaction code A) with a reported acquisition price of $0.00 because RSUs are a form of compensation rather than an open-market purchase.

Key Details

• Transaction date: March 19, 2026; Form 4 filed March 20, 2026 (appears timely; Form 4s are generally due within 2 business days).
• Award: 905 RSUs; price reported $0.00 (compensation award).
• Vesting: All 905 RSUs will fully vest on March 19, 2027. (Footnote: each RSU converts into one share of Nexstar common stock at vesting.)
• Forfeiture/expiration: RSUs have no expiration, but any unvested RSUs are forfeited if Grossman ceases to be a director for any reason other than a company change of control.
• Shares owned after transaction: Not specified in the provided filing.

Context This is a standard director compensation award (not a cash purchase or sale). RSU grants compensate or retain board members and do not by themselves signal an immediate market purchase or sale; the economic interest materializes if and when RSUs vest and convert into ordinary shares.