WEITMAN GARY 4

What Happened

Gary Weitman, EVP and Chief Communications Officer of Nexstar Media Group (NXST), sold 1,005 shares in an open-market transaction on March 27, 2026 at $212.49 per share for proceeds of about $213,552. On the same day he also gifted 250 shares (reported as a bona fide gift).

This was a sale (not a purchase); sales by executives can be routine (tax, diversification, personal liquidity) and do not necessarily signal a change in outlook.

Key Details

• Transaction date: 2026-03-27
  • Open-market sale (S): 1,005 shares at $212.49 each — proceeds ≈ $213,552
  • Gift (G): 250 shares, reported value $0 to the filer (footnote F1)
• Footnote F1: Bona fide gift; donor received no compensation for the gift.
• Shares owned after the transaction: not specified in the provided filing details.
• Filing status: Reported on Form 4 filed 2026-03-31 (timely under the Form 4 reporting rules).

Context

• Gift transactions are transfers to another person or trust and generally do not indicate the donor’s market view.
• Sales are more common and can reflect many legitimate personal reasons; there is no public indication here of insider confidence or lack thereof.