Weitman Gary's Form 4 filing
Nexstar Media Group, Inc. (NXST) · filed Jun 17, 2025
- Accession no.
- 0000950170-25-087565
- Filed
- Jun 17, 2025
- Trade date
- Jun 14-17, 2025
- Filing delay
- 3 days
- Rule 10b5-1 plan
- Not checked
This filing lists 3 non-derivative transactions and 2 derivative transactions. Open-market sales total $84.3K. It was filed 3 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 |
|---|---|
| Weitman GaryCIK 0001789720 | Officer (See Remarks) |
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 14, 2025 | Common Stock | MOption exerciseAcquired | +657 | $0.00F1,F2 | $0 | 8,082 | Direct | |
| Jun 14, 2025 | Common Stock | MOption exerciseAcquired | +657 | $0.00F1,F3 | $0 | 8,739 | Direct | |
| Jun 17, 2025 | Common Stock | SSaleDisposed | −510 | $165.25 | −$84,277.5 | 8,229 | 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 14, 2025 | Common Stock | MOption exerciseDisposed | −657 | $0.00 | $0 | 1,312 | Direct | |
| Jun 14, 2025 | Common Stock | MOption exerciseDisposed | −657 | $0.00 | $0 | 1,312 | 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 metric.
Referenced by the price of 2 transactions in Table I.
- F2
2,625 RSUs were awarded on June 14, 2023, of which, 656 and 657 RSUs vested on June 14, 2024 and 2025, respectively, and, 656 RSUs each will vest on June 14, 2026 and 2027.
Referenced by the price of 1 transaction in Table I.
- F3
2,625 PSUs were awarded on June 14, 2023, of which, 656 and 657 PSUs vested on June 14, 2024 and 2025, respectively, and, 656 PSUs each will vest on June 14, 2026 and 2027, subject to the achievement of pre-established company performance metric. For the 657 PSUs that vested on June 14, 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.
Remarks
EVP, Chief Communications Officer