McNabb Lisbeth 4

What Happened

• Lisbeth McNabb, a director of Nexstar Media Group (NXST), had 1,123 restricted stock units (RSUs) convert into 1,123 shares of common stock on March 24, 2026. The filing reports an exercise/conversion of a derivative (transaction code M) at $0.00—i.e., no cash was paid to acquire the shares. The Form 4 shows the derivative was converted (acquired) and the derivative instrument terminated (disposed) in the same filing; no sale of the resulting shares is reported.

Key Details

• Transaction date: 2026-03-24; Form 4 filed: 2026-03-25 (timely).
• Transaction type/code: Conversion of derivative (M).
• Shares: 1,123 shares acquired via RSU conversion; reported price $0.00.
• Footnotes: RSUs were granted on March 24, 2025 and fully vested on March 24, 2026 (per filing).
• Tax/withholding: The filing does not report any sale or tax-withholding shares.
• Shares owned after transaction: Not specified in the provided filing data.

Context

• This was a scheduled vesting/conversion of RSUs, not an open-market purchase or sale—generally a neutral event rather than an insider bullish/selling signal.
• For clarity: transaction code M covers exercises or conversions of derivative securities (here, RSUs converting into common shares).