Trade Summary

Yesterday, Morgan Rachel, serving as EVP General Counsel at NEXSTAR MEDIA GROUP, INC. (NXST), sold 185 shares at $187.32 per share, for a total transaction value of $34,654.46. Following this transaction, Morgan Rachel now holds 565 shares of NXST.

This sale represents a 24.67% 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 Wednesday, May 27, 2026 and publicly disclosed via SEC Form 4 filing on Wednesday, May 27, 2026 at 6:43 PM ET, meaning the disclosure happened on the same day as the trade.

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.