ZIMMER DANA 4
4 · NEXSTAR MEDIA GROUP, INC. · Filed Mar 23, 2026
Research Summary
AI-generated summary of this filing
Nexstar (NXST) President Dana Zimmer Receives 3,000 RSU Award
What Happened Dana Zimmer, President, Distribution & Strategy at Nexstar Media Group (NXST), received a grant of 3,000 restricted stock units (RSUs) on March 19, 2026. The Form 4 reports the award as a derivative grant (code A) at $0.00; the award carries no immediate cash proceeds. Each RSU converts into one share of common stock upon vesting per the filing.
Key Details
- Transaction date: March 19, 2026; filing date: March 23, 2026 (filed timely).
- Grant: 3,000 RSUs reported at $0.00 (derivative award, code A).
- Vesting: 1,000 RSUs vest at each anniversary of the award through March 19, 2029 (per footnotes).
- Shares owned after transaction: not specified in this filing.
- Role: President, Distribution & Strategy (listed in remarks).
- Footnotes: F1 confirms 1 RSU = 1 share at vest; F2 specifies the 3,000-RSU award and vesting schedule.
Context RSU grants are a form of compensation and convert to actual shares only as they vest, so they do not represent an immediate purchase or sale of stock. The reported $0.00 reflects no cash exchanged at grant; the ultimate value will depend on Nexstar’s share price at each vesting date. Such awards are routine for executive compensation and should not be read as a direct market signal.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-03-19+3,000→ 3,000 total→ Common Stock (3,000 underlying)
Footnotes (2)
- [F1]Each 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.
- [F2]3,000 RSUs were awarded on March 19, 2026, of which 1,000 RSUs vest at each anniversary of the award through March 19, 2029.