Form 4: Nexstar Media Group Director Lisbeth McNabb Sells Shares
SEC Form 4 Filing
Lisbeth McNabb, a director of Nexstar Media Group, sold 3,175 shares of common stock on March 21, 2024.
Summary
- On March 21, 2024, Lisbeth McNabb, a director of Nexstar Media Group, sold 3,175 shares of the company's common stock.
- The sale price was $168 per share.
- Following the transaction, McNabb directly owns 5,252 shares of Nexstar Media Group.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a director's stock sale, which is a neutral event in itself. The sentiment is therefore considered neutral.
Industry Context
Form 4 filings are a routine part of the US stock market and are required by the SEC to provide transparency into the transactions of company insiders.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, although it is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 03/21/2024 | Date of transaction: Lisbeth McNabb sold shares of Nexstar Media Group. |
| 03/22/2024 | Date of report: Form 4 filing date. |
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