Form 4: Nexstar Media Group Executive Dana Zimmer Sells Shares
SEC Form 4
Dana Zimmer, President of Distribution at Nexstar Media Group, sold 5,245 shares of common stock at a price of $162.495 on March 7, 2024.
Summary
- On March 7, 2024, Dana Zimmer, the President of Distribution at Nexstar Media Group, sold 5,245 shares of the company's common stock.
- The sale price was $162.495 per share.
- Following the transaction, Zimmer directly owns 1,792 shares of Nexstar Media Group.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency into the transactions of company executives and their holdings in the company.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some investors, but it is a relatively small transaction and may not have a significant impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 03/07/2024 | Date of transaction: Dana Zimmer sold 5,245 shares of Nexstar Media Group common stock. |
| 03/08/2024 | Date of Form 4 filing. |
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