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Insider Cluster (14 insiders) ·Filed Mar 25, 2026

NXST

NEXSTAR MEDIA GROUP, INC.
BEARISH
Impact 7/10
Horizondays Processed7mo ago
Insider cluster: 2 insiders, $686K total
Actionable Insight ▼ Bearish

Monitor for upcoming earnings or strategic announcements; coordinated C-suite selling at peak pricing may indicate lack of near-term confidence or pre-emptive liquidity ahead of softness. Watch for follow-on selling or downward guidance.

DirectionBearish
Confidencehigh
Horizondays
Final — all horizons settled through T+60d
NXST ▼ -24.25% at T+60d
SHORT call ✓ call won +24.25% · α vs SPY +37.94% · entry $216.71 → $164.16
Entry = T+0 close
Mar 24, 2026
via day close
T+1d
+0.74%
call -0.74% · α -2.51%
$218.31
settled 7mo ago
T+5d
-17.78%
call +17.78% · α +17.54%
$178.17
settled 7mo ago
T+20d
-6.18%
call +6.18% · α +14.04%
$203.31
settled 6mo ago
T+60d
-24.25%
call +24.25% · α +37.94%
$164.16
settled 4mo ago

Price Chart

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Executive Summary

Multiple Nexstar Media Group executives and directors sold shares in a concentrated 2-day window, including over $1.7M in open-market sales by C-suite executives at $218–$226 per share. These transactions follow derivative exercises, suggesting planned liquidity events rather than reactive selling, but the scale and coordination raise attention.

Key Financial Metrics

Direction
selling
Total Value
$2.0M
Insiders
14

Key Facts

  • C-suite executives (COO, CFO, Presidents) sold over $1.3M in stock on March 25 at ~$218.53/share.
  • Gary Weitman (insider with multiple roles) sold $797K on March 24 following derivative exercise of 1,500 shares.
  • Total open-market sales in cluster: $1.97M over two days.
  • Non-cash derivative exercises totaled 13,895 shares across 9 insiders, all at $0 cost (no economic value).
  • Total insider selling in last 30 days now exceeds $3.47M, with recent cluster representing 57% of that volume.
  • Sales represent ~0.03% of Nexstar’s $6.6B market cap — modest in scale but high in coordination and insider concentration.

Financial Impact

$1.97 million in open-market insider selling over 2 days

insider sentimentshareholder confidencepotential dilution signal

Risk Factors

  • Perception of insider pessimism given breadth of executive participation.
  • Potential for negative market reaction despite routine nature of derivative exercises.

Market Snapshot

Exchange
Nasdaq
Sector
Television Broadcasting Stations

Investment Themes

Media & Telecom

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CONTEXT: Insider Cluster Data (20 trades, 7d window)cluster-NXST-1774556092796
35 reports for NXST
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for NXST — sortable, filterable
TypeNow
Oct 22, 2026
4d ago
Press Release
NEUTRAL ★ 3/10
$167.34awaiting T+20—$166.26 (−0.65%)
Oct 13, 2026
14d ago
Press Release
NEUTRAL ★ 4/10
$160.56awaiting T+20—$166.26 (+3.55%)
Aug 24, 2026
9w ago
Insider Cluster
NEUTRAL ★ 2/10
$189.39 $165.57▼ −12.58%▼ −12.83%$166.26 (−12.21%)
Aug 17, 2026
10w ago
Court Ruling
NEUTRAL ★ 1/10
$182.57 $163.67▼ −10.35%▼ −8.61%$166.26 (−8.93%)
Aug 6, 2026
11w ago
8-K
MIXED ★ 6/10
$187.97 $177.67▼ −5.48%▼ −6.08%$166.26 (−11.55%)
Aug 3, 2026
12w ago
8-K
NEUTRAL ★ 2/10
$192.49 $181.14▼ −5.90%▼ −7.14%$166.26 (−13.63%)
Jun 30, 2026
17w ago
Court Ruling
NEUTRAL ★ 4/10
$178.59 $185.80▲ +4.04%▲ +5.07%$166.26 (−6.90%)
Jun 29, 2026
17w ago
Insider Buy
BULLISH ★ 4/10
$170.73 $183.31▲ +7.37%▲ +7.65%$166.26 (−2.62%)
Jun 16, 2026
19w ago
8-K
NEUTRAL ★ 2/10
$172.11 $175.56▲ +2.00%▲ +1.80%$166.26 (−3.40%)
Jun 15, 2026
19w ago
Insider Cluster
NEUTRAL ★ 2/10
$172.29 $175.46▲ +1.84%▲ +2.59%$166.26 (−3.50%)
Showing 10 of 35

US Market Status

Market Closed — Opens Wed (17h 26m)

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Report published Mar 26, 2026