<SEC-DOCUMENT>0000950170-25-087543.txt : 20250617
<SEC-HEADER>0000950170-25-087543.hdr.sgml : 20250617
<ACCEPTANCE-DATETIME>20250617180243
ACCESSION NUMBER:		0000950170-25-087543
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20250614
FILED AS OF DATE:		20250617
DATE AS OF CHANGE:		20250617

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Gliha Lee Ann
		CENTRAL INDEX KEY:			0001878264
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-50478
		FILM NUMBER:		251054563

	MAIL ADDRESS:	
		STREET 1:		545 E. JOHN CARPENTER FREEWAY
		CITY:			IRVING
		STATE:			TX
		ZIP:			75062

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NEXSTAR MEDIA GROUP, INC.
		CENTRAL INDEX KEY:			0001142417
		STANDARD INDUSTRIAL CLASSIFICATION:	TELEVISION BROADCASTING STATIONS [4833]
		ORGANIZATION NAME:           	06 Technology
		EIN:				233083125
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		545 EAST JOHN CARPENTER FREEWAY
		STREET 2:		SUITE 700
		CITY:			IRVING
		STATE:			TX
		ZIP:			75062
		BUSINESS PHONE:		972-373-8800

	MAIL ADDRESS:	
		STREET 1:		545 EAST JOHN CARPENTER FREEWAY
		STREET 2:		SUITE 700
		CITY:			IRVING
		STATE:			TX
		ZIP:			75062

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NEXSTAR BROADCASTING GROUP INC
		DATE OF NAME CHANGE:	20010611
</SEC-HEADER>
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    <periodOfReport>2025-06-14</periodOfReport>

    <issuer>
        <issuerCik>0001142417</issuerCik>
        <issuerName>NEXSTAR MEDIA GROUP, INC.</issuerName>
        <issuerTradingSymbol>NXST</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001878264</rptOwnerCik>
            <rptOwnerName>Gliha Lee Ann</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>545 E. JOHN CARPENTER FREEWAY</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>IRVING</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>75062</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>false</isDirector>
            <isOfficer>true</isOfficer>
            <isTenPercentOwner>false</isTenPercentOwner>
            <isOther>false</isOther>
            <officerTitle>EVP, Chief Financial Officer</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>false</aff10b5One>

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            <transactionCoding>
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                <transactionCode>M</transactionCode>
                <equitySwapInvolved>false</equitySwapInvolved>
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                <transactionPricePerShare>
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            <ownershipNature>
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                </sharesOwnedFollowingTransaction>
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        </nonDerivativeTransaction>
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    <derivativeTable>
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                <value>2025-06-14</value>
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                <transactionPricePerShare>
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            <exerciseDate>
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            <expirationDate>
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            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>937</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
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                <sharesOwnedFollowingTransaction>
                    <value>1875</value>
                </sharesOwnedFollowingTransaction>
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                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
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        </derivativeTransaction>
        <derivativeTransaction>
            <securityTitle>
                <value>Restricted Stock Units</value>
            </securityTitle>
            <conversionOrExercisePrice>
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            <transactionDate>
                <value>2025-06-14</value>
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                <transactionFormType>4</transactionFormType>
                <transactionCode>M</transactionCode>
                <equitySwapInvolved>false</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>937</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
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            <exerciseDate>
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            <expirationDate>
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                <underlyingSecurityTitle>
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                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>937</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
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                <sharesOwnedFollowingTransaction>
                    <value>1875</value>
                </sharesOwnedFollowingTransaction>
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                    <value>D</value>
                </directOrIndirectOwnership>
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        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Each time-based restricted stock unit (&quot;RSU&quot;) is converted into one share of Nexstar's common stock at the vesting date. Each performance-based restricted stock unit (&quot;PSU&quot;) represents a contingent right to receive one share of Nexstar's common stock, subject to the achievement of pre-established company performance metric.</footnote>
        <footnote id="F2">3,750 RSUs were awarded on June 14, 2023, of which, 938 and 937 RSUs vested on June 14, 2024 and 2025, respectively, and, 938 and 937 RSUs will vest on June 14, 2026 and 2027, respectively.</footnote>
        <footnote id="F3">3,750 PSUs were awarded on June 14, 2023, of which, 938 and 937 PSUs vested on June 14, 2024 and 2025, respectively, and, 938 and 937 PSUs will vest on June 14, 2026 and 2027, respectively, subject to the achievement of pre-established company performance metric. For the 937 PSUs that vested on June 14, 2025, the Compensation Committee of Nexstar's Board of Directors performed an assessment and determined that the conditions were satisfied.</footnote>
        <footnote id="F4">The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the settlement of RSUs and PSUs that vested on June 14, 2025.</footnote>
        <footnote id="F5">The RSUs/PSUs have no expiration. However, any and all unvested portion of RSUs/PSUs shall be forfeited and cancelled should the awardee's employment terminate for any reason other than a company change of control.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Mark Hoyla, Attorney-in-Fact for Lee Ann Gliha</signatureName>
        <signatureDate>2025-06-17</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</SEC-DOCUMENT>
