Trade Summary
1 week ago, Morgan Rachel, serving as EVP GC at Nexstar Media Group, Inc. (NXST), sold 3,127 shares at $213.72 per share, for a total transaction value of $668,313.00.
This sale represents a 100.00% decrease in Morgan Rachel's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Friday, March 27, 2026 and publicly disclosed via SEC Form 4 filing on Tuesday, March 31, 2026, 4 days after the trade was made.
Nexstar Media Group, Inc. operates in the COMMUNICATION SERVICES sector, specifically within the BROADCASTING industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.