McNabb Lisbeth 4

What Happened Lisbeth McNabb, a director of Nexstar Media Group, was granted 905 restricted stock units (RSUs) on March 19, 2026. The award was reported as a derivative grant (transaction code A) with no purchase price ($0.00). These RSUs will convert into one share of Nexstar common stock per RSU at vesting.

Key Details

• Transaction date: 2026-03-19 (reported on Form 4 filed 2026-03-20).
• Grant: 905 RSUs; acquisition price reported as $0.00 (award/derivative).
• Vesting: All 905 RSUs vest in full on 2027-03-19 (one-year cliff).
• Shares owned after transaction: Not specified in the filing.
• Footnotes of note:
  • Each RSU converts to one share at vesting.
  • RSUs have no expiration, but unvested RSUs are forfeited if the director ceases to be a director for any reason other than a company change of control.
• Timeliness: Filing appears timely (reported the next day).

Context RSU awards to directors are a common form of equity compensation and represent future shares contingent on continued service. This grant is an award (not an open-market purchase or sale) and does not itself reflect an immediate cash investment or sale. The economic interest arises if and when the RSUs vest and convert into shares.