MUSE JOHN R 4

What Happened

John R. Muse, a director of Nexstar Media Group (NXST), had 1,123 restricted stock units (RSUs) convert into 1,123 shares of Nexstar common stock on March 24, 2026. The Form 4 reports an acquisition of 1,123 shares at $0.00 (conversion of the RSUs) and a corresponding disposition of the derivative RSU interest for 1,123 units at $0.00. No cash changed hands in this transaction.

Key Details

• Transaction date: 2026-03-24 (filed 2026-03-25).
• Amount: 1,123 RSUs converted into 1,123 shares; reported price $0.00 (total cash value reported $0).
• Transaction code: M (exercise/conversion of derivative security).
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 confirms each RSU converts into one share on vesting; F2 notes the RSUs were awarded 2025-03-24 and fully vested on 2026-03-24.
• Filing timeliness: filed the day after the report date (appears timely; not flagged as late).

Context

This was a standard compensation/vesting event—RSUs converting into common stock—not an open-market purchase or sale. The filing shows conversion of the award and termination of the derivative RSU interest; there is no indication the shares were immediately sold or that taxes were withheld via share surrender in this filing. For retail investors, RSU vesting is routine executive compensation and does not by itself signal a buy or sell decision by the insider.