COMPTON SEAN 4
Research Summary
AI-generated summary
Nexstar (NXST) President Sean Compton Receives 3,000 RSUs
What Happened
- Sean Compton, President, Networks at Nexstar Media Group (NXST), received an award of 3,000 restricted stock units (RSUs) on March 19, 2026. The award is reported as a derivative grant at $0.00 (no cash paid). Each RSU converts into one share of Nexstar common stock upon vesting.
Key Details
- Transaction date: March 19, 2026; filing date: March 23, 2026 (Form 4 accession 0001789629-26-000003).
- Grant: 3,000 RSUs; reported acquisition price: $0.00 (award/derivative).
- Vesting: 1,000 RSUs vest at each anniversary of the award through March 19, 2029 (i.e., annual vesting over three years).
- Shares owned after the transaction: Not specified in the provided filing details.
- No 10b5-1 plan, tax withholding, or late-filing indicator was included in the supplied information.
Context
- RSUs are a form of compensation: they do not require an upfront purchase and convert into shares only upon vesting, subject to continued service. This is a compensation award rather than an open-market purchase or sale and should be viewed as part of executive pay, not a direct signal of buying or selling intent.