Form 4: Nexstar Media Group COO Sells Shares
Insider Transaction (Form 4)
Michael Biard, President & COO of Nexstar Media Group, Inc., sold 2,465 shares of common stock on August 21, 2026 for $185.82 per share.
Summary
- Option exercise/conversion: acquired 6,250 Common Stock on August 21, 2026; holds 23,355 after (Direct).
- Open-market sale: disposed of 2,465 Common Stock at $185.82 ($458,047) on August 24, 2026; holds 20,890 after (Direct).
- Option exercise/conversion: disposed of 6,250 Restricted Stock Units on August 21, 2026; holds 6,250 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $458,047 of stock on the open market.
Insider Transactions
Michael Biard — Officer (President & COO)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-21 | Option exercise/conversion | Common Stock | 6,250 | — | — | 23,355 |
| 2026-08-24 | Open-market sale | Common Stock | 2,465 | $186 | $458.0K | 20,890 |
| 2026-08-21 | Option exercise/conversion | Restricted Stock Units | 6,250 | — | — | 6,250 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-21 | Option exercise/conversion (6,250 shares) |
| 2026-08-24 | Open-market sale (2,465 shares) |
| 2026-08-21 | Option exercise/conversion (6,250 shares) |
Keywords
insider transaction, Form 4, NXST, NEXSTAR MEDIA GROUP, INC., bearish, Michael Biard
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