Sean Compton - May 17, 2025 Form 4 Insider Report for NEXSTAR MEDIA GROUP, INC. (NXST)

Role
President, Networks
Signature
/s/ Mark Hoyla, Attorney-in-Fact for Sean Compton
Stock symbol
NXST
Transactions as of
May 17, 2025
Transactions value $
-$190,975
Form type
4
Date filed
5/20/2025, 06:58 PM
Previous filing
Mar 26, 2025
Next filing
May 28, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
COMPTON SEAN President, Networks 545 E. JOHN CARPENTER FREEWAY, IRVING /s/ Mark Hoyla, Attorney-in-Fact for Sean Compton 2025-05-20 0001789629

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXST Common Stock Options Exercise $0 +1.25K +11.7% $0.00 11.9K May 17, 2025 Direct F1, F2
transaction NXST Common Stock Options Exercise $0 +1.25K +10.47% $0.00 13.2K May 17, 2025 Direct F1, F3
transaction NXST Common Stock Sale -$191K -1.09K -8.25% $175.53 12.1K May 20, 2025 Direct F4

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 -1.25K -100% $0.00 0 May 17, 2025 Common Stock 1.25K Direct F1, F2, F5
transaction NXST Restricted Stock Units Options Exercise $0 -1.25K -100% $0.00 0 May 17, 2025 Common Stock 1.25K Direct F1, F3, 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. Each performance-based restricted stock unit ("PSU") represents a contingent right to receive one share of Nexstar's common stock, subject to the achievement of pre-established company performance metrics.
F2 5,000 RSUs were awarded on May 17, 2021, of which, 1,250 RSUs vested at each anniversary of the award through May 17, 2025.
F3 5,000 PSUs were awarded on May 17, 2021, of which 1,250 PSUs vested at each anniversary of the award through May 17, 2025, subject to the achievement of pre-established company performance metrics. For the 1,250 PSUs that were scheduled to vest on May 17, 2025, the Compensation Committee of Nexstar's Board of Directors performed an assessment and determined that the conditions were satisfied. Thus, the 1,250 PSUs vested in full on May 17, 2025.
F4 The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the settlement of RSUs and PSUs that vested on May 17, 2025.
F5 The RSUs/PSUs have no expiration. However, any and all unvested portion of RSUs/PSUs shall be forfeited and cancelled should the awardee's employment terminate for any reason other than a company change of control.