CEO Sook Perry A sold 64,920 shares at $169.65 avg for $11.0M, reducing holdings by 7.7%
Sook Perry A, CEO of Nexstar Media Group, executed 2 separate sales totaling 64,920 shares for $11,013,654.06 on 2025-03-04 and 2025-03-05, with a blended average price of $169.65 per share. The sales reduced his holdings from 838,115 shares to 773,195 shares, a decline of 7.7% of his pre-transaction position. At the same-ticker level, 4 of his 5 most recent prior NXST sales all occurred in December 2024 and show negative 30-day returns (-1.5% to -6.8%), with the one measurable 90-day outcome (the 2024-11-22 sale) showing a -9.1% return, indicating that sale was well-timed in hindsight. His cross-ticker track record across all open-market sales shows a 66.67% well-timed rate at the 90-day mark and an average 90-day return of -8.5%, suggesting consistent downside capture when he sells. The stock is currently trading at $169.63, near the blended transaction price, and remains 10.0% below its 52-week high, despite a recent 11.4% gain over 30 days.