This cluster is routine in both dollar amount and pattern. The concentration of sales on a single day (May 27) across 10 executives strongly points to tax-withholding or vesting-related sales rather than informed selling. No action warranted based on this filing alone.
Price Chart
Executive Summary
11 Nexstar insiders sold a total of $853K in open-market transactions over a 7-day window, including the President & COO, CFO, and President of Broadcasting. The cluster is dominated by C-suite and senior executives, but the total value represents only ~0.016% of Nexstar's $5.5B market cap, making it trivial relative to company size. The sales cluster on May 27, 2026, with a single smaller sale on June 2, suggesting a common vesting or blackout-window opening rather than coordinated bearish conviction.
Key Financial Metrics
Key Facts
- 11 insiders sold shares totaling $853K in open-market transactions from May 26 to June 2, 2026
- Sales include President & COO Michael Biard ($185K), CFO Lee Ann Gliha ($139K), and President of Broadcasting Andrew Alford ($112K)
- Total sales represent ~0.016% of Nexstar's $5.5B market cap — well below the 0.1% materiality threshold
- 10 of 11 sales occurred on May 27, 2026, suggesting a common vesting or blackout-window opening event
- Recent 30-day insider activity shows 10 sells totaling $574K prior to this cluster, consistent with routine pattern
Financial Impact
Total insider sales of $853K, representing 0.016% of market cap — immaterial
Risk Factors
- Insider sales could increase if stock continues to appreciate, but no evidence of material bearish signal here
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-1780527920124 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 3d ago | Press Release | $168.76 | awaiting T+20 | — | $164.71 (−2.40%) |
Oct 13, 2026 13d ago | Press Release | $160.56 | awaiting T+20 | — | $164.71 (+2.58%) |
Aug 24, 2026 8w ago | Insider Cluster | $189.39 $165.57 | ▼ −12.58% | ▼ −12.83% | $164.71 (−13.03%) |
Aug 17, 2026 10w ago | Court Ruling | $182.57 $163.67 | ▼ −10.35% | ▼ −8.61% | $164.71 (−9.78%) |
Aug 6, 2026 11w ago | 8-K | $187.97 $177.67 | ▼ −5.48% | ▼ −6.08% | $164.71 (−12.37%) |
Aug 3, 2026 11w ago | 8-K | $192.49 $181.14 | ▼ −5.90% | ▼ −7.14% | $164.71 (−14.43%) |
Jun 30, 2026 16w ago | Court Ruling | $178.59 $185.80 | ▲ +4.04% | ▲ +5.07% | $164.71 (−7.77%) |
Jun 29, 2026 16w ago | Insider Buy | $170.73 $183.31 | ▲ +7.37% | ▲ +7.65% | $164.71 (−3.53%) |
Jun 16, 2026 18w ago | 8-K | $172.11 $175.56 | ▲ +2.00% | ▲ +1.80% | $164.71 (−4.30%) |
Jun 15, 2026 19w ago | Insider Cluster | $172.29 $175.46 | ▲ +1.84% | ▲ +2.59% | $164.71 (−4.40%) |
US Market Status
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