NXST NEXSTAR MEDIA GROUP, INC.
Price Chart
Executive Summary
11 insiders at Nexstar Media Group sold a total of $853K in shares over a 7-day window, including the CFO, President & COO, and other senior executives. The cluster is dominated by open-market sales, with no material purchases, and the dollar value represents approximately 0.02% of the company's $5.5B market cap — a trivial amount. The sales are likely routine portfolio diversification or tax-related, given the small size and lack of any bearish catalyst in recent filings.
Key Financial Metrics
Actionable Insight
The insider selling cluster is too small relative to market cap to warrant a bearish read-through. Monitor next quarterly earnings (likely late July/early August) for any guidance changes, but this filing alone does not signal material deterioration. The historical calibration shows cluster sells at this size are non-informative.
Key Facts
- 11 insiders sold shares totaling $853K over 7 days (May 27–June 3, 2026)
- Sales include CFO Lee Ann Gliha ($139K), President & COO Michael Biard ($185K), and President of Broadcasting Andrew Alford ($112K)
- Total sales represent ~0.02% of Nexstar's $5.5B market cap — well below the 0.1% materiality threshold
- No open-market purchases were reported in the cluster; all transactions were sales
- Two non-cash derivative exercises by CFO Gliha on June 3 (657 shares at $0 each) have no economic impact
Financial Impact
Total insider sales of $853K, or ~0.02% of market cap — immaterial relative to company size
Risk Factors
- Insider sales could accelerate if management anticipates headwinds in advertising or retransmission revenue
- No purchases to offset selling — lack of insider conviction may weigh on sentiment if broader market turns negative
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-NXST-1780702677464 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 9, 2026
today
|
Insider Cluster
| $179.36 awaiting T+1 | awaiting T+1 | — | $177.54 (−1.01%) |
|
Jun 5, 2026
4d ago
|
Insider Cluster
| $182.05 awaiting T+1 | awaiting T+1 | — | $177.54 (−2.48%) |
|
Jun 5, 2026
4d ago
|
Insider Cluster
| $182.05 awaiting T+1 | awaiting T+1 | — | $177.54 (−2.48%) |
|
Jun 3, 2026
6d ago
|
Insider Cluster
| $179.88 $180.90 | ▲ +0.57% | ▲ +3.17% | $177.54 (−1.30%) |
|
Jun 3, 2026
6d ago
|
Insider Cluster
| $179.88 $180.90 | ▲ +0.57% | ▲ +3.17% | $177.54 (−1.30%) |
|
Jun 3, 2026
6d ago
|
Insider Cluster
| $179.88 $180.90 | ▲ +0.57% | ▲ +3.17% | $177.54 (−1.30%) |
|
May 19, 2026
21d ago
|
Insider Cluster
| $188.05 $188.23 | ▲ +0.10% | ▼ −0.94% | $177.54 (−5.59%) |
|
May 19, 2026
21d ago
|
Insider Cluster
| $188.05 $188.23 | ▲ +0.10% | ▼ −0.94% | $177.54 (−5.59%) |
|
Apr 30, 2026
5w ago
|
DEFA14A
| $207.41 $201.99 | ▼ −2.61% | ▼ −2.83% | $177.54 (−14.40%) |
|
Mar 25, 2026
11w ago
|
Insider Cluster
| $216.71 $218.31 | ▼ −0.74% | ▼ −2.51% | $177.54 (+18.07%) |
US Market Status
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