Nexstar Media Names New CFO, Details Compensation
Ticker: NXST · Form: 8-K · Filed: Oct 30, 2025 · CIK: 1142417
Sentiment: neutral
Topics: executive-appointment, cfo, compensation
Related Tickers: NXST
TL;DR
Nexstar Media just hired a new CFO, Thomas Carter, with a $750K salary and stock options. Starts Nov 4.
AI Summary
Nexstar Media Group, Inc. announced on October 28, 2025, the appointment of Thomas E. Carter as Executive Vice President and Chief Financial Officer, effective November 4, 2025. Carter will receive an annual base salary of $750,000 and is eligible for annual incentive compensation. He will also be granted 100,000 restricted stock units vesting over four years.
Why It Matters
The appointment of a new CFO is a significant leadership change that could impact the company's financial strategy and investor confidence.
Risk Assessment
Risk Level: medium — Changes in key executive positions like CFO can introduce uncertainty regarding future financial strategies and performance.
Key Numbers
- $750,000 — CFO Base Salary (Annual compensation for Thomas E. Carter.)
- 100,000 — RSUs Granted (Stock units awarded to the new CFO, vesting over four years.)
Key Players & Entities
- Nexstar Media Group, Inc. (company) — Registrant
- Thomas E. Carter (person) — Appointed Executive Vice President and Chief Financial Officer
- $750,000 (dollar_amount) — Annual base salary for new CFO
- November 4, 2025 (date) — Effective date for new CFO
- 100,000 (dollar_amount) — Restricted stock units granted to new CFO
FAQ
What is Thomas E. Carter's new role at Nexstar Media Group?
Thomas E. Carter has been appointed as Executive Vice President and Chief Financial Officer.
When is the effective date for Thomas E. Carter's appointment?
The appointment is effective November 4, 2025.
What is the annual base salary for the new CFO?
The annual base salary for Thomas E. Carter is $750,000.
How many restricted stock units were granted to the new CFO and what is the vesting schedule?
Thomas E. Carter was granted 100,000 restricted stock units, which will vest over a four-year period.
What other compensation is the new CFO eligible for?
Thomas E. Carter is eligible for annual incentive compensation.
Filing Stats: 840 words · 3 min read · ~3 pages · Grade level 10.3 · Accepted 2025-10-30 14:57:34
Key Financial Figures
- $3,000,000 — k will be paid an annual base salary of $3,000,000 and will be eligible to earn a target a
- $500,000 — pany will also reimburse Mr. Sook up to $500,000 for his use of an aircraft for personal
- $31,000 — target annul bonus, plus an additional $31,000. In the event of Mr. Sook's termination
Filing Documents
- nxst-20251028.htm (8-K) — 60KB
- nxst-ex10_1.htm (EX-10.1) — 197KB
- nxst-ex99_1.htm (EX-99.1) — 18KB
- img136686298_0.jpg (GRAPHIC) — 38KB
- img218377881_0.jpg (GRAPHIC) — 30KB
- 0001193125-25-258316.txt ( ) — 507KB
- nxst-20251028.xsd (EX-101.SCH) — 27KB
- nxst-20251028_htm.xml (XML) — 5KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On October 30, 2025, the Company issued a press release announcing the extended employment agreement of its Chairman and Chief Executive Officer, Perry A. Sook, through March 31, 2029. A copy of the press release is attached hereto as Exhibit 99.1 to this Current Report. The information included under this Item 7.01 and in Exhibit 99.1 is being "furnished" and shall not be deemed "filed" for purposes of Section 18 of, or otherwise regarded as filed under, the Securities Exchange Act of 1934, as amended (the "Exchange Act"), nor shall it be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 10.1 Amended Executive Employment Agreement between Perry A. Sook and Nexstar Media Group, Inc. 99.1 Press Release of Nexstar Media Group, Inc. dated October 30, 2025. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. NEXSTAR MEDIA GROUP, INC. Date: October 30, 2025 By: /s/ Lee Ann Gliha Name: Lee Ann Gliha Title: Chief Financial Officer (Principal Financial Officer)