Weaver Robert S. 4
4 · NEXSTAR MEDIA GROUP, INC. · Filed Mar 23, 2026
Research Summary
AI-generated summary of this filing
Nexstar (NXST) EVP Robert S. Weaver Receives RSU Award
What Happened Robert S. Weaver, Executive Vice President, Government Relations of Nexstar Media Group (NXST), was awarded 2,250 restricted stock units (RSUs) on March 19, 2026. The Form 4 shows the award as a derivative grant (transaction code A) at $0.00 per unit; each RSU converts into one share of Nexstar common stock upon vesting. The award vests in three equal installments of 750 RSUs on each anniversary through March 19, 2029. This is a compensation grant (not an open-market purchase or sale).
Key Details
- Transaction date: 2026-03-19; Form 4 filed 2026-03-23 (timely filing).
- Award: 2,250 RSUs; reported price $0.00 (grant/derivative).
- Vesting: 750 RSUs vest each anniversary through March 19, 2029 (per footnote).
- Shares owned after transaction: not specified in the provided summary — see the full Form 4 for total beneficial ownership.
- Footnotes: F1 clarifies each RSU converts into one share upon vesting; F2 details the 750-per-year vesting schedule.
- No indication of a 10b5-1 plan, sale, tax-withholding event, or immediate sale of shares in this filing.
Context RSU grants are common compensation for executives and become actual shares only as they vest and subject to continued service. This award is a compensation event rather than a market purchase or sale, so it should be interpreted as part of Weaver’s pay package, not a direct signal of trading intent. For full ownership details and any subsequent transactions, consult the complete Form 4 filing (Accession: 0002120025-26-000002).
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-03-19+2,250→ 2,250 total→ Common Stock (2,250 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") is converted into one share of Nexstar's Common Stock, subject to the Reporting Person's continued service through the applicable vesting date.
- [F2]2,250 RSUs were awarded on March 19, 2026, of which 750 RSUs vest at each anniversary of the award through March 19, 2029.