Gliha Lee Ann 4
4 · NEXSTAR MEDIA GROUP, INC. · Filed Mar 23, 2026
Research Summary
AI-generated summary of this filing
Nexstar (NXST) CFO Gliha Lee Receives 6,000 RSU Award
What Happened
Gliha Lee, Chief Financial Officer of Nexstar Media Group (NXST), received a grant of 6,000 restricted stock units (RSUs) on March 19, 2026. The award is recorded at $0.00 per unit (award/derivative), meaning no cash purchase was made; each RSU converts into one share of Nexstar common stock subject to vesting.
Key Details
- Transaction date: 2026-03-19; Form 4 filed 2026-03-23 (filing appears timely).
- Transaction type/code: Award/Grant (A); derivative security = RSUs.
- Award size: 6,000 RSUs at $0.00 per unit (no cash paid at grant).
- Vesting: 2,000 RSUs vest at each anniversary of the award through March 19, 2029 (2,000 on 3/19/2027, 2,000 on 3/19/2028, 2,000 on 3/19/2029). (Footnotes F1–F2)
- Conversion: Each RSU converts into one share upon vesting.
- Shares owned after transaction: Not specified in the provided filing.
Context
RSU grants are compensation awards that convert to actual shares only as they vest; they are common for executive compensation and do not represent an immediate open‑market purchase or sale. This award is a non‑cash compensation event and should be interpreted as part of Nexstar's executive pay, not a direct buy/sell signal.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-03-19+6,000→ 6,000 total→ Common Stock (6,000 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]6,000 RSUs were awarded on March 19, 2026, of which 2,000 RSUs vest at each anniversary of the award through March 19, 2029.