Grossman Jay M. 4

What Happened
Jay M. Grossman, a director of Nexstar Media Group (NXST), had 1,123 restricted stock units (RSUs) vest and convert into 1,123 shares of Nexstar common stock on March 24, 2026. The Form 4 reports an acquisition (conversion) of 1,123 shares at $0.00 and a corresponding disposition entry for 1,123 derivative units at $0.00. No cash payment or open‑market sale of common stock is reported in the filing.

Key Details

• Transaction date: 2026-03-24; Form 4 filed: 2026-03-25 (timely filing).
• Transaction type/code: M — exercise/conversion of derivative (RSU conversion to shares).
• Shares involved: 1,123 RSUs converted into 1,123 shares. Reported price: $0.00 per share.
• Footnotes: F1 — each RSU converts to one share upon vesting; F2 — these 1,123 RSUs were awarded 3/24/2025 and fully vested 3/24/2026.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• No 10b5-1 plan, tax‑withholding or cashless sale details are disclosed in the excerpt.

Context
RSU vesting is a routine equity compensation event: RSUs convert into shares when they vest and do not necessarily indicate buying or selling intent. The filing shows conversion of RSUs into common stock rather than an open‑market purchase or sale of Nexstar shares. If shares were later sold (for tax withholding or otherwise), that would appear as a separate sale transaction on the Form 4.