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NXST NEXSTAR MEDIA GROUP, INC. Insider Trading

Latest: CEO Bought $2.0M of Shares · Jun 2026

Multiple insiders have been active at NEXSTAR MEDIA GROUP, INC. (NXST): 6 distinct insiders account for 1 buy filing and 13 sell filings as of Jun 2026. Its highest-significance filing in the last 90 days: CEO Perry A Sook bought $2.0M, transaction dated Jun 2026.

14 filings analyzed · Latest 2026-06-29

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Buys
1
Sells
13
Insiders
6
Direction
Net selling

NEXSTAR MEDIA GROUP, INC. leadership

CEO
Perry A. Sook — Chief Executive Officer
CFO
Lee Ann Gliha — Chief Financial Officer
COO
Michael Biard — President and Chief Operating Officer
General Counsel
Elizabeth Ryder — Executive Vice President and General Counsel
Chair
Perry A. Sook — Chairman and Chief Executive Officer
June 2026
2026-06-29
low
Chief Executive Officer
12,235 shares
$1,985,309
@ $162.26
Significance 4

CEO Perry A Sook buys 12,235 shares of NXST at $162.26; stock down 34.2% from 52-week high as revenue declines 8.5% YoY.

Perry A Sook, CEO of NEXSTAR MEDIA GROUP, INC., purchased 12,235 shares at $162.26 on 2026-06-26, increasing his holdings from 886,809 to 899,044 shares. The buy occurs at a significant discount to the 52-week high of $254.30, with the stock currently trading -34.2% from that peak and down 6.2% over the prior 30 days. Fundamentally, the company faces headwinds: annual revenue growth stands at -8.5%, and the stock trades at a P/E of 31.01 despite the revenue decline, suggesting elevated valuation relative to earnings deterioration. His prior trading record at this same ticker shows limited success timing reversals (1 of 5 prior sales well-timed at the 90-day mark), which provides minimal directional confidence that this purchase captures a genuine inflection point rather than a value trap in a declining business.

May 2026
2026-05-19
low
President, Networks
5,000 shares
$980,000
@ $196.00
Significance 4

President Sean Compton sells 5,000 NXST shares at $196.00; stock down 24.9% from 52-week high, down 19.7% in 90 days.

Sean Compton, President of Networks at Nexstar Media Group, sold 5,000 shares (5.0K shares) at $196.00 on 2026-05-19, reducing his holdings by 30.8% to 11,252 shares (11.3K shares). The sale occurred as NXST stock has declined significantly: the current price of $191.09 is 24.9% below the 52-week high of $254.30, and the stock has fallen 19.7% over the prior 90 days. His cross-ticker track record shows 1 prior sell with an average 90-day well-timed rate of 0.00%, and his prior NXST sale on 2024-08-16 was not well-timed (stock rose 3.5% in the 90 days following). The company's fundamentals show revenue of $1,396,000,000.00 (latest quarter) with annual revenue growth of -8.5% year-over-year, and a P/E of 35.39. The sale follows a substantial period of stock weakness, though the timing pattern of his prior NXST transaction and lack of a well-timed execution record does not indicate a clear early-warning signal.

March 2026
2026-03-31
high
EVP General Counsel
3,127 shares
$668,313
@ $213.72
Significance 6

NXST EVP General Counsel Morgan Rachel sold entire 3.1K share position at $213.72; stock now down 28.7% from 52-week high.

Morgan Rachel, EVP General Counsel, liquidated her complete NXST position of 3.1K shares at $213.72 on 2026-03-27, exiting a $668.3K stake that now represents zero holdings. The timing of this full exit is noteworthy: the stock has declined -28.0% over the last 30 days and -28.7% from its 52-week high of $253.64, suggesting the sale preceded the recent sharp deterioration. Her prior sell at this ticker on 2024-08-27 exhibited a 90-day return of -0.4%, consistent with her cross-ticker well-timed rate of 100.00%, indicating a pattern of selling ahead of stock declines. Against the backdrop of -8.5% annual revenue decline and a stretched 59.48 P/E multiple, the complete exit by a senior legal officer warrants attention to whether structural headwinds in the business are influencing insider capital allocation decisions.

March 2025
2025-03-27
medium
President, Broadcasting
3,768 shares
$685,716
@ $181.98
Significance 6

NXST President Alford sells 3,768 shares ($685.7K) at $181.98; post-sale holdings drop 41.1%. Prior NXST sale was well-timed (90d -5.7%).

Andrew Alford, President of Broadcasting at Nexstar Media Group, sold 3,768 shares for $685,715.71 at $181.98 on 2025-03-26, reducing his holdings from 9,173 to 5,405 shares (a 41.1% reduction). His prior sale at NXST on 2024-09-24 achieved a 90-day return of -5.7%, meaning the stock declined after his sale—a well-timed outcome. The current stock price of $179.49 sits 4.8% below the 52-week high, suggesting the sale preceded a modest pullback consistent with his historical pattern at this ticker. Company fundamentals remain solid: $1.4B quarterly revenue, $187.0M net income, and a low P/E of 5.65 with 9.6% annual revenue growth. The stock has gained 20.3% in the past 30 days and 12.8% over 90 days, indicating strong recent momentum that preceded this transaction.

December 2024
2024-12-27
medium
Chief Executive Officer
52,808 shares
$8,454,759
@ $160.10
Significance 5

NXST CEO Sook Perry A sold 52,808 shares in 2 transactions for $8,454,758.88 at blended $160.10

Chief Executive Officer Sook Perry A executed two separate sales totaling 52,808 shares for $8,454,758.88 on December 24 and December 26, 2024, reducing holdings by 7.3% to 674,694 shares. The transaction prices of $160.02 and $160.14 exceeded the current price of $159.14, but the stock is down 7.0% over the past 30 days and 15.6% from its 52-week high of $188.50. At this same ticker, Perry's prior five trades have yielded mixed results: recent November and December 2024 sells show negative 30-day returns (-6.8% and -10.6%), while his March 2024 sale was followed by a +2.8% 90-day gain. NXST trades at a low P/E of 8.31 with annual revenue declining 5.3% year-over-year, signaling operational headwinds that may have prompted the CEO's liquidation despite the stock trading near recent lows.

2024-12-23
medium
Chief Executive Officer
52,808 shares
$8,312,275
@ $157.41
Significance 5

CEO Sook Perry A sold 52,808 shares of NXST at $157.41 on 2024-12-23 for $8,312,274.92; fourth consecutive sale in six weeks.

CEO Sook Perry A executed the fourth open-market sale at Nexstar Media in six weeks (December 17, November 22, November 7, and March 5), reducing his holdings from 727,502 to 674,694 shares. The sale on 2024-12-23 occurred at $157.41, which is -16.1% from the 52-week high of $188.50 and follows a 30-day decline of -6.8%. His cross-ticker timing record shows 0 of 4 prior sells were well-timed at the 90-day mark, and his same-ticker sells exhibit mixed outcomes: the March 5, 2024 sale gained 2.8% over 90 days, while more recent sales (November 7 and November 22) show 90-day periods not yet concluded. The company operates at a tight valuation (P/E of 8.26) against a -5.3% annual revenue decline and $1.4B quarterly revenue, creating a backdrop where the CEO's repeated near-term divestiture activity warrants closer inspection of his conviction around current execution and forward guidance.

2024-12-18
medium
Chief Executive Officer
35,205 shares
$5,707,949
@ $162.13
Significance 5

CEO Sook Perry A sold 35,205 shares of NXST at $162.13 on 2024-12-17 for $5.7M; holds 674,694 shares post-transaction.

CEO Sook Perry A sold 35,205 shares at $162.13, reducing holdings by 5.0% to 674,694 shares. The sale occurred at a price 2.0% above the current trading level of $158.98 and within the 52-week range but 15.7% below the 52-week high of $188.50. His cross-ticker track record shows 3 prior open-market sells with a 0.00% 90-day well-timed rate, indicating prior sales have not preceded declines; at NXST specifically, one measurable prior sale on 2024-03-05 posted a 90-day return of 2.8%, also not well-timed. The company trades at a P/E of 8.30 and reported annual revenue decline of 5.3% alongside $187M net income on $1.4B quarterly revenue, a profile of modest profitability amid headwind trends.

November 2024
2024-11-26
medium
Chief Executive Officer
46,940 shares
$7,979,800
@ $170.00
Significance 4

CEO Sook Perry A sold 46,940 shares of NXST at $170.00 for $7,979,800.00; retains 674,694 shares.

Sook Perry A sold 46,940 shares (-6.5% of prior holdings) at $170.00 on 2024-11-22, a discretionary open-market transaction occurring when the stock trades -9.7% from its 52-week high of $188.50. This marks the CEO's third open-market sale of NXST in less than a year: a prior sale on 2024-11-07 occurred just 15 days earlier. Across his cross-ticker history, his prior 2 sales averaged a 90-day return of +2.8%, indicating those sales were poorly timed (stock rose after), with a well-timed rate of 0.00%; at NXST specifically, his 2024-03-05 sale saw the stock climb +2.8% over 90 days. The company trades at a P/E of 8.89 against a -5.3% annual revenue decline, and the insider maintains substantial remaining exposure (674,694 shares post-sale). The consecutive sales in November, the modest P/E valuation, and the pattern of prior poorly-timed exits merit monitoring for changes in executive conviction.

2024-11-12 10b5-1 Plan
medium
Chief Executive Officer
12,239 shares
$2,328,879
@ $190.28
Significance 5

CEO Sook Perry A sold 12,239 shares of NXST at $190.28 on 2024-11-07, retaining 674,694 shares; stock down 10.8% from 52-week high at current $168.18.

CEO Sook Perry A sold 12,239 shares for $2,328,878.53, reducing holdings by 1.8%, while retaining a substantial 674,694-share position. The sale occurred at $190.28, approximately 13% above the current price of $168.18, indicating the CEO divested near the upper end of the 52-week range ($141.79–$188.50). Reviewing his same-ticker transaction history: a prior NXST sell on 2024-03-05 showed a 90-day return of +2.8%, meaning the stock rose after that sale—a poorly-timed outcome for a seller. Cross-ticker, his track record shows a 0.00% well-timed rate across 1 prior sell, with the average 90-day return of +2.8% similarly indicating past sells preceded gains. The company's fundamentals show mixed signals: a P/E of 8.78 appears low, but annual revenue growth stands at -5.3%, suggesting headwinds in the underlying business.

September 2024
2024-09-30
medium
See Remarks
7,261 shares
$1,196,613
@ $164.80
Significance 4

NXST insider WEITMAN GARY sold 7,261 shares at $164.80 on 2024-09-26, reducing holding 58.2%; stock -10.5% from 52-week high.

Gary Weitman sold 7,261 shares (58.2% of his holdings) at $164.80, reducing his position from 12,477 to 5,216 shares. The sale occurred while the stock trades 10.5% below its 52-week high of $184.79, and the company faces headwinds with annual revenue declining 5.3% year-over-year despite a solid P/E of 12.35. The substantial reduction in his stake—cutting his holding nearly in half—represents a material reduction in personal exposure to the company, occurring in a period of modest recent weakness (30-day decline of 3.2%).

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