Form 4: Nexstar Media Group EVP Rachel Morgan Reports Sale of Common Stock
SEC Form 4 Filing
Rachel Morgan, EVP and General Counsel of Nexstar Media Group, reported the sale of 6,196 shares of common stock on August 27, 2024.
Summary
- Rachel Morgan, an Executive Vice President and General Counsel at Nexstar Media Group, Inc. [NXST], filed a Form 4 with the SEC.
- The report details a transaction that occurred on August 27, 2024, where Ms. Morgan disposed of 6,196 shares of Nexstar Media Group's common stock.
- The shares were sold at a price of $171.3 per share.
- Following the reported transaction, the filing indicates the amount of securities beneficially owned by Ms. Morgan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by an executive, which is a neutral event in itself. The sentiment is therefore considered neutral.
Industry Context
Executive stock sales are a common occurrence and are often related to personal financial planning. It's important to consider the overall context of executive compensation and insider trading regulations when evaluating such transactions.
Key Dates
| Date | Description |
|---|---|
| 08/27/2024 | Date of the transaction: Rachel Morgan sold 6,196 shares of Nexstar Media Group common stock. |
| 08/28/2024 | Date of the Form 4 filing. |
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