McNabb Lisbeth 4
4 · NEXSTAR MEDIA GROUP, INC. · Filed Mar 20, 2026
Research Summary
AI-generated summary of this filing
Nexstar (NXST) Director Lisbeth McNabb Receives RSU Award
What Happened Lisbeth McNabb, a director of Nexstar Media Group, was granted 905 restricted stock units (RSUs) on March 19, 2026. The award was reported as a derivative grant (transaction code A) with no purchase price ($0.00). These RSUs will convert into one share of Nexstar common stock per RSU at vesting.
Key Details
- Transaction date: 2026-03-19 (reported on Form 4 filed 2026-03-20).
- Grant: 905 RSUs; acquisition price reported as $0.00 (award/derivative).
- Vesting: All 905 RSUs vest in full on 2027-03-19 (one-year cliff).
- Shares owned after transaction: Not specified in the filing.
- Footnotes of note:
- Each RSU converts to one share at vesting.
- RSUs have no expiration, but unvested RSUs are forfeited if the director ceases to be a director for any reason other than a company change of control.
- Timeliness: Filing appears timely (reported the next day).
Context RSU awards to directors are a common form of equity compensation and represent future shares contingent on continued service. This grant is an award (not an open-market purchase or sale) and does not itself reflect an immediate cash investment or sale. The economic interest arises if and when the RSUs vest and convert into shares.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2][F3]2026-03-19+905→ 905 total→ Common Stock (905 underlying)
Footnotes (3)
- [F1]Each time-based restricted stock unit ("RSU") is converted into one share of Nexstar's Common Stock at the vesting date.
- [F2]905 RSUs were awarded on March 19, 2026, all of which will fully vest on March 19, 2027.
- [F3]The RSUs have no expiration. However, any and all unvested portion of RSUs shall be forfeited and cancelled should the Reporting Person ceases being a director of the Company for any reason other than a company change of control.