Form 4: Nexstar Media Group Director Aulestia Reports Stock Transactions
SEC Form 4 Filing
Director Bernadette S. Aulestia reports the acquisition and disposal of Nexstar Media Group stock units.
Summary
- On March 20, 2025, Bernadette S. Aulestia, a director of Nexstar Media Group, reported the conversion of 1,560 Restricted Stock Units (RSUs) into common stock.
- These RSUs, awarded on March 20, 2024, were fully vested on March 20, 2025.
- Additionally, on March 24, 2025, Aulestia was awarded 1,123 RSUs, which will fully vest on March 24, 2026.
- The reporting person directly owns 3,560 shares of common stock following the reported transactions.
- The RSUs have no expiration date, but unvested RSUs are forfeited if the reporting person ceases to be a director 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 about the company's performance or prospects.
Future Outlook
The document does not contain any specific forward-looking statements regarding the company's future performance.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions, which is a common practice for publicly traded companies like Nexstar Media Group. It provides transparency to investors regarding the trading activities of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the number of outstanding shares, but the effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 03/20/2024 | 1,560 RSUs were awarded to Bernadette S. Aulestia. |
| 03/20/2025 | 1,560 RSUs vested and were converted into common stock. |
| 03/24/2025 | 1,123 RSUs were awarded to Bernadette S. Aulestia. |
| 03/24/2026 | 1,123 RSUs will fully vest. |
Keywords
Nexstar Media Group, NXST, Form 4, Beneficial Ownership, Restricted Stock Units, Director, Aulestia, Stock Transaction
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