This cluster is routine and non-informative. The sales are small in dollar terms and likely driven by option exercises and tax planning, not a bearish view on the business. No action warranted; monitor next earnings for any fundamental changes.
Price Chart
Executive Summary
Eight Nexstar insiders, including the CFO and multiple presidents, sold a total of $916K in open-market sales over a 7-day window. The cluster is dominated by C-suite executives selling on the same day (June 10), which is consistent with a shared blackout-window opening or vesting event rather than a coordinated bearish signal. The total value represents only ~0.017% of Nexstar's $5.3B market cap, making this a routine, immaterial cluster.
Key Financial Metrics
Key Facts
- 8 insiders sold a total of $916K in open-market sales over 7 days (June 3-10, 2026)
- CFO Lee Ann Gliha sold $133K; Presidents Andrew Alford ($137K) and Sean Compton ($154K) also sold
- Multiple insiders exercised stock options at $0 cost basis on June 6-8, suggesting the sales were liquidity-driven to cover taxes or diversify
- Total sales represent ~0.017% of Nexstar's $5.3B market cap — well below the 0.1% materiality threshold
- No insider purchases were reported in the cluster
Financial Impact
Total insider sales of $916K, or ~0.017% of market cap — trivial relative to company size
Risk Factors
- If a material negative catalyst emerges (e.g., advertising revenue decline), these sales could be viewed as opportunistic in hindsight
- Continued insider selling at higher volumes in future quarters could signal deteriorating confidence
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-1781218443983 |
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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