Royce A. Wells - Mar 20, 2025 Form 4 Insider Report for NEXSTAR MEDIA GROUP, INC. (NXST)

Role
Director
Signature
/s/ Mark Hoyla, Attorney-in-Fact for Royce A. Wells
Stock symbol
NXST
Transactions as of
Mar 20, 2025
Transactions value $
$0
Form type
4
Date filed
3/24/2025, 06:56 PM
Previous filing
Aug 12, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXST Common Stock Options Exercise $0 +1.52K $0.00 1.52K Mar 20, 2025 Direct F1, F2
holding NXST Common Stock 750 Mar 20, 2025 Wells Family Trust dated September 8, 2009 F3

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 -1.52K -100% $0.00 0 Mar 20, 2025 Common Stock 1.52K Direct F1, F2, F4
transaction NXST Restricted Stock Units Award $0 +1.12K $0.00 1.12K Mar 24, 2025 Common Stock 1.12K Direct F1, F4, F5
* 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 1,520 RSUs were awarded on March 20, 2024, all of which are fully vested on March 20, 2025.
F3 The 750 shares of common stock owned by Wells Family Trust dated September 8, 2009, of which Mr. Wells' spouse is the beneficial owner.
F4 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.
F5 1,123 RSUs were awarded on March 24, 2025, all of which will fully vest on March 24, 2026.