Weitman Gary's Form 4 filing
Nexstar Media Group, Inc. (NXST) · filed Mar 26, 2026
- Accession no.
- 0001789720-26-000004
- Filed
- Mar 26, 2026
- Trade date
- Mar 24-25, 2026
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 4 non-derivative transactions and 2 derivative transactions. Open-market sales total $869.9K. 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 |
|---|---|
| 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 |
|---|---|---|---|---|---|---|---|---|
| Mar 24, 2026 | Common Stock | MOption exerciseAcquired | +750 | $0.00F1,F2 | $0 | 8,979 | Direct | |
| Mar 24, 2026 | Common Stock | MOption exerciseAcquired | +588 | $0.00F3,F4 | $0 | 9,567 | Direct | |
| Mar 24, 2026 | Common Stock | SSaleDisposed | −3,527 | $226.00 | −$797,102 | 6,040 | Direct | |
| Mar 25, 2026 | Common Stock | SSaleDisposed | −333 | $218.53 | −$72,770.49 | 5,707 | 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 |
|---|---|---|---|---|---|---|---|---|
| Mar 24, 2026 | Common Stock | MOption exerciseDisposed | −750 | $0.00 | $0 | 1,500 | Direct | |
| Mar 24, 2026 | Common Stock | MOption exerciseDisposed | −588 | $0.00 | $0 | 1,687 | 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 subject to the Reporting Person's continued service through the applicable vesting date.
Referenced by the price of 1 transaction in Table I.
- F2
2,250 RSUs were awarded on March 24, 2025, of which 750 RSUs vest at each anniversary date of the award through March 24, 2028.
Referenced by the price of 1 transaction in Table I.
- F3
Each Performance-based restricted stock unit ("PSU") represents the right to receive, following vesting, between 0% and 150% of one share of Nexstar's Common Stock, subject to the level of achievement of pre-established company performance metrics and Reporting Person's continued service through the applicable vesting date.
Referenced by the price of 1 transaction in Table I.
- F4
2,250 target PSUs were awarded on March 24, 2025, of which 563, 562 and 1,125 PSUs vest on March 24, 2026, 2027 and 2028, respectively, subject to the achievement of the pre-established company performance metrics. The number of shares of Nexstar's common stock that may be earned is between 0% and 150% of the target number of PSUs. The Compensation Committee of Nexstar's Board of Directors performed an assessment and determined that the conditions to receive 104.54% of the target number of PSUs were satisfied. Thus, the 563 target PSUs that vested on March 24, 2026 were converted into 588 shares of Nexstar common stock.
Referenced by the price of 1 transaction in Table I.
Remarks
EVP, Chief Communications Officer