Alford Andrew's Form 4 filing
Nexstar Media Group, Inc. (NXST) · filed Jun 5, 2025
- Accession no.
- 0000950170-25-082197
- Filed
- Jun 5, 2025
- Trade date
- Jun 3-4, 2025
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 3 non-derivative transactions and 2 derivative transactions. Open-market sales total $125.6K. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Alford AndrewCIK 0001715344 | Officer (President, Broadcasting) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 3, 2025 | Common Stock | MOption exerciseAcquired | +937 | $0.00F1,F2 | $0 | 9,225 | Direct | |
| Jun 3, 2025 | Common Stock | MOption exerciseAcquired | +937 | $0.00F1,F3 | $0 | 10,162 | Direct | |
| Jun 4, 2025 | Common Stock | SSaleDisposed | −751 | $167.25 | −$125,604.75 | 9,411 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 3, 2025 | Common Stock | MOption exerciseDisposed | −937 | $0.00 | $0 | 938 | Direct | |
| Jun 3, 2025 | Common Stock | MOption exerciseDisposed | −937 | $0.00 | $0 | 938 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- 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.
Referenced by the price of 2 transactions in Table I.
- F2
3,750 RSUs were awarded on June 3, 2022, of which, 937, 938 and 937 RSUs vested on June 3, 2023, 2024 and 2025, and, 938 RSUs will vest on June 3, 2026.
Referenced by the price of 1 transaction in Table I.
- F3
3,750 PSUs were awarded on June 3, 2022, of which, 937, 938 and 937 PSUs vested on June 3, 2023, 2024 and 2025, and, 938 PSUs will vest on June 3, 2026, subject to the achievement of pre-established company performance metrics. For the 937 PSUs that vested on June 3, 2025, the Compensation Committee of Nexstar's Board of Directors performed an assessment and determined that the conditions were satisfied.
Referenced by the price of 1 transaction in Table I.