WEITMAN GARY 4
4 · NEXSTAR MEDIA GROUP, INC. · Filed Mar 23, 2026
Research Summary
AI-generated summary of this filing
Nexstar EVP Gary Weitman Receives 2,250 RSU Award
What Happened Gary Weitman, Nexstar Media Group's EVP and Chief Communications Officer, received a grant of 2,250 restricted stock units (RSUs) on March 19, 2026. The Form 4 reports the award at $0.00 per unit (a standard accounting of an equity award grant on the Form 4); the RSUs are derivative awards that convert into one share of Nexstar common stock upon vesting and require continued service. This was an award/grant (not a purchase or sale).
Key Details
- Transaction date: 2026-03-19 — Type: Award/Grant (Code A) of 2,250 RSUs reported at $0.00.
- Vesting: 750 RSUs vest on each anniversary of the award through March 19, 2029 (three equal annual vesting installments).
- Conversion: Each RSU converts into one share of common stock upon vesting (per footnote).
- Shares owned after transaction: Not specified in this filing.
- Filing timeliness: Form was filed 2026-03-23 (within the typical two-business-day Form 4 window for a March 19 transaction).
Context RSU grants are a form of compensation and do not involve an immediate cash purchase or sale of shares; they represent a future right to receive shares if the insider remains employed through vesting dates. Such awards are common for executives and do not, by themselves, indicate a buy or sell signal.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-03-19+2,250→ 2,250 total→ Common Stock (2,250 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]2,250 RSUs were awarded on March 19, 2026, of which 750 RSUs vest at each anniversary of the award through March 19, 2029.