Jenkins Brett 4
Research Summary
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Nexstar (NXST) EVP Brett Jenkins Receives RSU Award
What Happened Brett Jenkins, Nexstar Media Group's EVP, Chief Technology & Digital Officer, was granted 2,250 restricted stock units (RSUs) on March 19, 2026. The award was reported as a derivative grant at $0.00 per unit (i.e., an RSU award rather than a cash purchase). Each RSU converts into one share of Nexstar common stock upon vesting, subject to Jenkins' continued service.
Key Details
- Transaction date: March 19, 2026; Grant recorded at $0.00 per RSU.
- Award size: 2,250 RSUs total. Vesting: 750 RSUs vest on each anniversary through March 19, 2029 (750 / 750 / 750).
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Footnotes: F1 — RSUs convert 1:1 to shares at vesting subject to continued service. F2 — Vesting schedule as noted above.
- Filing: Form 4 was filed on March 23, 2026 (covers the March 19 grant). Investors may note the filing date relative to the grant date for timeliness.
Context RSU grants are compensation/retention awards and are not open‑market purchases or sales; they generally do not reflect an immediate cash outlay by the insider and are typically subject to service and vesting conditions. Because RSUs convert to shares only upon vesting, they are not immediately tradable stock and should be interpreted as part of long‑term compensation rather than a near‑term market signal.