Form 4: Director John R. Muse Executes Stock Transactions in Nexstar Media Group
SEC Form 4 Filing
John R. Muse, a director of Nexstar Media Group, executed transactions involving common stock and restricted stock units on April 10, 2024.
Summary
- On April 10, 2024, John R. Muse, a director of Nexstar Media Group, engaged in transactions involving the company's stock.
- Muse converted 625 restricted stock units (RSUs) into common stock at a price of $162.95 per share.
- Following the transaction, Muse directly owns 27,978 shares of Nexstar Media Group common stock.
- The RSUs vested as part of an award granted on April 10, 2020, with 625 RSUs vesting annually from April 10, 2021, through April 10, 2024.
- Unvested RSUs are forfeited if employment terminates for reasons other than a company change of control.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. These filings provide transparency into the trading activities of company directors and officers.
Key Dates
| Date | Description |
|---|---|
| 04/10/2020 | 2,500 RSUs were awarded. |
| 04/10/2021 | 625 RSUs vested. |
| 04/10/2022 | 625 RSUs vested. |
| 04/10/2023 | 625 RSUs vested. |
| 04/10/2024 | 625 RSUs vested and were converted to common stock at $162.95 per share. |
| 04/12/2024 | Date of signature on the Form 4 filing. |
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