Form 4: Nexstar Media Group Director Lisbeth McNabb Sells 1,800 Shares
SEC Form 4 Filing
Lisbeth McNabb, a director at Nexstar Media Group, sold 1,800 shares of common stock on March 19, 2024, at a price of $163.615 per share.
Summary
- On March 19, 2024, Lisbeth McNabb, a director of Nexstar Media Group, Inc. (NXST), sold 1,800 shares of the company's common stock.
- The sale price was $163.615 per share.
- Following the transaction, McNabb directly owns 10,927 shares of Nexstar Media Group.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, reflecting a standard transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of a transaction by a company insider and provides transparency to the market regarding the trading activities of individuals with access to non-public information.
Stakeholder Impact
- The sale of shares by a director could be perceived neutrally or slightly negatively by shareholders, depending on the context and the director's reasons for selling.
Key Dates
| Date | Description |
|---|---|
| 03/19/2024 | Date of stock sale transaction |
| 03/20/2024 | Date of signature on the Form 4 filing |
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