D. GEOFFREY ARMSTRONG - 20 Mar 2025 Form 4 Insider Report for NEXSTAR MEDIA GROUP, INC. (NXST)

Role
Director
Signature
/s/ Mark Hoyla, Attorney-in-Fact for Geoffrey Armstrong
Issuer symbol
NXST
Transactions as of
20 Mar 2025
Net transactions value
$0
Form type
4
Filing time
24 Mar 2025, 18:39:19 UTC
Previous filing
17 Sep 2024
Next filing
17 Jul 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXST Common Stock Options Exercise $0 +1,560 +22% $0.000000 8,810 20 Mar 2025 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NXST Restricted Stock Units Options Exercise $0 -1,560 -100% $0.000000 0 20 Mar 2025 Common Stock 1,560 Direct F1, F2, F3
transaction NXST Restricted Stock Units Award $0 +1,123 $0.000000 1,123 24 Mar 2025 Common Stock 1,123 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each time-based restricted stock unit ("RSU") is converted into one share of Nexstar's Common Stock at the vesting date.
F2 1,560 RSUs were awarded on March 20, 2024, all of which are fully vested on March 20, 2025.
F3 The RSUs have no expiration. However, any and all unvested portion of RSUs shall be forfeited and cancelled should the Reporting Person ceases being a director of the Company for any reason other than a company change of control.
F4 1,123 RSUs were awarded on March 24, 2025, all of which will fully vest on March 24, 2026.