Aulestia Bernadette S. 4

What Happened

• Bernadette S. Aulestia, a director of Nexstar Media Group (NXST), was granted 905 restricted stock units (RSUs) on March 19, 2026. The RSUs were awarded as a derivative grant (transaction code A) at $0.00 per unit and will convert into common shares at vesting. The award carries no immediate cash purchase or sale value on the grant date.

Key Details

• Transaction date: March 19, 2026; Form 4 filed March 20, 2026 (timely filing).
• Award: 905 RSUs granted at $0.00 (derivative award).
• Vesting: All 905 RSUs fully vest on March 19, 2027 (per footnote F2).
• Conversion: Each RSU converts into one share of Nexstar common stock at vesting (per footnote F1).
• Forfeiture: Unvested RSUs are forfeited if the director ceases service for any reason other than a company change of control (per footnote F3).
• Shares owned after the transaction: Not specified in the filing.

Context

• This is a standard time‑based equity award for a director, designed as compensation rather than an open‑market purchase or sale. RSU grants do not deliver shares or cash until they vest, and they generally reflect routine board compensation practices rather than an immediate trading signal.