NXST NEXSTAR MEDIA GROUP, INC.
Price Chart
Executive Summary
Eleven NXST insiders, including the CFO, President & COO, and multiple EVPs, sold shares totaling $853K in open-market transactions over a 7-day window ending June 3, 2026. The sales follow a pattern of derivative exercises on June 3 (non-cash, $0 value) where insiders exercised options and immediately sold a portion of the resulting shares, consistent with a tax-covering or cashless-exercise strategy. The total value represents ~0.015% of NXST's $5.5B market cap, which is trivial and routine. The cluster is not informative of a bearish view — the sales are liquidity-driven, tied to option exercises, and immaterial relative to company size.
Key Financial Metrics
Actionable Insight
This insider cluster is routine and non-informative. The sales are tied to option exercises and are trivial relative to market cap. No bearish signal. Monitor for any material change in insider behavior (e.g., large unplanned sales by C-suite) but no action warranted here.
Key Facts
- 11 insiders sold a total of $853K in open-market sales over 7 days (May 27–June 3, 2026)
- Sales represent ~0.015% of NXST's $5.5B market cap — trivial and routine
- On June 3, 7 insiders exercised derivatives (non-cash, $0 value) and sold shares the next day at $182.41, consistent with cashless exercise / tax-covering
- Key sellers include CFO Lee Ann Gliha ($139K + $47K), President & COO Michael Biard ($185K), and President of Broadcasting Andrew Alford ($112K + $67K)
- No single insider sold more than $185K; all sales are small relative to their likely holdings
- Prior 30-day insider activity showed 7 sells totaling $457K — this cluster is a continuation of routine pattern
Financial Impact
Total insider sales of $853K, or ~0.015% of market cap — immaterial
Risk Factors
- No material risk identified from this filing
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-NXST-1780703897489 |
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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