The sales are routine and non-informative. Monitor for any upcoming 8-K or earnings release that could provide context, but no immediate trading signal from this cluster alone.
Price Chart
Executive Summary
A cluster of 9 Nexstar insiders, including the CFO, President of Broadcasting, and President of Networks, sold a total of $691K in open-market sales over a 7-day window. The sales follow a June 3 derivative exercise by 6 executives, suggesting the open-market sales are likely liquidity-driven to cover tax obligations or diversify, rather than a coordinated bearish signal. At 0.013% of NXST's $5.4B market cap, the total value is trivial and routine.
Key Financial Metrics
Key Facts
- 9 insiders sold a total of $691K in open-market sales from June 2-9, 2026.
- CFO Lee Ann Gliha sold $47K; President of Broadcasting Andrew Alford sold $67K; President of Networks Sean Compton sold $76K.
- On June 3, 6 executives exercised derivatives for $0 (non-cash), immediately preceding the June 4 sales.
- Total open-market sales represent ~0.013% of NXST's $5.4B market cap — well below the 0.1% materiality threshold.
- The cluster is dominated by sales following a common derivative exercise date, consistent with tax withholding or routine diversification, not a shared bearish view.
Financial Impact
Total insider sales of $691K, or 0.013% of market cap — immaterial.
Risk Factors
- No material risk identified from this insider activity.
- If a future negative catalyst emerges, these sales could be retroactively viewed as informed, but current evidence points to liquidity-driven sales.
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-1781042613694 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 3d ago | Press Release | $168.76 | awaiting T+20 | — | $164.05 (−2.79%) |
Oct 13, 2026 13d ago | Press Release | $160.56 | awaiting T+20 | — | $164.05 (+2.17%) |
Aug 24, 2026 8w ago | Insider Cluster | $189.39 $165.57 | ▼ −12.58% | ▼ −12.83% | $164.05 (−13.38%) |
Aug 17, 2026 10w ago | Court Ruling | $182.57 $163.67 | ▼ −10.35% | ▼ −8.61% | $164.05 (−10.14%) |
Aug 6, 2026 11w ago | 8-K | $187.97 $177.67 | ▼ −5.48% | ▼ −6.08% | $164.05 (−12.73%) |
Aug 3, 2026 11w ago | 8-K | $192.49 $181.14 | ▼ −5.90% | ▼ −7.14% | $164.05 (−14.77%) |
Jun 30, 2026 16w ago | Court Ruling | $178.59 $185.80 | ▲ +4.04% | ▲ +5.07% | $164.05 (−8.14%) |
Jun 29, 2026 16w ago | Insider Buy | $170.73 $183.31 | ▲ +7.37% | ▲ +7.65% | $164.05 (−3.91%) |
Jun 16, 2026 18w ago | 8-K | $172.11 $175.56 | ▲ +2.00% | ▲ +1.80% | $164.05 (−4.68%) |
Jun 15, 2026 19w ago | Insider Cluster | $172.29 $175.46 | ▲ +1.84% | ▲ +2.59% | $164.05 (−4.78%) |
US Market Status
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