The cluster is small in absolute dollars and negligible relative to NXST's enterprise value. Derivative exercises alongside sales are typical for tax withholding or cashless exercise settlement. No material directional read-through. Monitor next earnings (Aug 2026) for any fundamental changes.
Price Chart
Executive Summary
A cluster of 8 NXST insiders sold a total of ~$708K in open-market transactions over a 7-day window. Open-market sales by c-suite and board members, combined with concurrent derivative exercises, suggest portfolio diversification rather than a coordinated bearish signal. Total sales represent ~0.013% of market cap — well below the 0.1% materiality threshold — making the cluster routine and non-directional.
Key Financial Metrics
Key Facts
- 8 insiders executed open-market sales totaling ~$708,000
- Sales are ~0.013% of NXST's $5.3B market cap — trivial relative to company size
- Multiple insiders also exercised zero-cost derivative options on the same days, indicating vesting-based selling
- Concurrent open-market sales by 6 insiders on June 4 at $182.42 suggest coordinated vesting/settlement, not opportunistic selling
- No open-market purchases occurred in the cluster
Financial Impact
$708K in total insider open-market sales, or 0.013% of market cap
Risk Factors
- Insiders selling at high absolute dollar amounts near multi-month highs could signal caution
- Vesting schedules may later lead to further selling if stock appreciates
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-NXST-1781217624910 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | Press Release | $167.34 | awaiting T+20 | — | $165.30 (−1.22%) |
Oct 13, 2026 14d ago | Press Release | $160.56 | awaiting T+20 | — | $165.30 (+2.95%) |
Aug 24, 2026 9w ago | Insider Cluster | $189.39 $165.57 | ▼ −12.58% | ▼ −12.83% | $165.30 (−12.72%) |
Aug 17, 2026 10w ago | Court Ruling | $182.57 $163.67 | ▼ −10.35% | ▼ −8.61% | $165.30 (−9.46%) |
Aug 6, 2026 11w ago | 8-K | $187.97 $177.67 | ▼ −5.48% | ▼ −6.08% | $165.30 (−12.06%) |
Aug 3, 2026 12w ago | 8-K | $192.49 $181.14 | ▼ −5.90% | ▼ −7.14% | $165.30 (−14.13%) |
Jun 30, 2026 17w ago | Court Ruling | $178.59 $185.80 | ▲ +4.04% | ▲ +5.07% | $165.30 (−7.44%) |
Jun 29, 2026 17w ago | Insider Buy | $170.73 $183.31 | ▲ +7.37% | ▲ +7.65% | $165.30 (−3.18%) |
Jun 16, 2026 18w ago | 8-K | $172.11 $175.56 | ▲ +2.00% | ▲ +1.80% | $165.30 (−3.96%) |
Jun 15, 2026 19w ago | Insider Cluster | $172.29 $175.46 | ▲ +1.84% | ▲ +2.59% | $165.30 (−4.06%) |
US Market Status
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