This cluster lacks materiality and predictive signal. Insider selling at this scale is routine for a $5.3B company, especially when paired with option exercises. Monitor for any accompanying 8-K or earnings announcement that could explain the timing, but standalone this is noise.
Price Chart
Executive Summary
8 Nexstar insiders sold a total of ~$932K in open-market shares over a week-long window, representing only 0.018% of the company's $5.3B market cap. The sales are negligible in scale and coincide with derivative exercises, suggesting routine portfolio rebalancing or tax-related activity rather than a bearish signal.
Key Financial Metrics
Key Facts
- 8 insiders sold open-market shares totaling ~$932K from June 3-10, 2026
- Sales represent 0.018% of NXST's $5.3B market cap
- Multiple derivative exercises (non-cash) occurred on matching dates, indicating tax/vesting-related selling
- No insider open-market purchases in the cluster; net direction is entirely selling
- All sales were small individual amounts (range $50K-$180K)
Financial Impact
~$932K total open-market selling, immaterial relative to market cap
Risk Factors
- Over-interpretation of small insider sales could lead to false bearish bias
- No buying activity to contrast with selling direction
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-1781218293774 |
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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