Lanzano Dan 4

What Happened

• Dan Lanzano, President, National Advertising Sales at Nexstar Media Group (NXST), received a grant of 3,000 restricted stock units (RSUs) on March 19, 2026. The award is reported as a derivative grant (code A) with an acquisition price of $0.00; the RSUs convert into one share of common stock upon vesting and continued service.

Key Details

• Transaction date: March 19, 2026; Form 4 filed March 23, 2026 (filed on time under the two-business-day rule).
• Grant: 3,000 RSUs at $0.00 (derivative award).
• Vesting: 1,000 RSUs vest on each anniversary of the award through March 19, 2029 (footnote).
• Shares owned after transaction: Not specified in this filing.
• Footnotes: F1 — each RSU converts to one share upon vesting subject to continued service; F2 — vesting schedule as noted above.
• Transaction code: A (award/grant).

Context

• This is a compensation award (RSUs) rather than an open-market purchase or sale. RSUs only convert into actual shares if the executive remains employed through each vesting date, so they are not immediately marketable. Such grants are common as retention and compensation tools and do not alone indicate insider buying or selling sentiment.