In 2023, Perry A. Sook earned $58.63M in total compensation at Nexstar Media Group, Inc., including $3.00M salary, $4.90M bonus and $50.56M in stock. Most recently sold 64,920 shares in Mar 2025. Currently holds stock worth $592.96M. Has led Nexstar Media Group, Inc. for over 29 years.
Compensation History
Annual executive compensation data for Perry A. Sook, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$58.63M
Salary
$3.00M
Bonus
$4.90M
Other
$173.17K
Salary
$3.00MBoard Justification
The compensation philosophy aims to attract and retain talented executives, aligning compensation with company performance and strategic goals.
Bonus
$4.90MBoard Justification
The bonus is based on a target of 200% of base salary, with actual payout determined by performance metrics including Adjusted EBITDA and Net Revenue, achieving 82% of target for 2023.
Other Compensation
$173.17KBoard Justification
Other compensation includes automobile allowances, life insurance premiums, 401(k) contributions, and reimbursement for personal aircraft use.
Restricted Stock
Board Justification
The stock awards that vested in 2023 include 145,833 shares from performance-based RSUs and 130,208 shares from time-based RSUs.
Performance Metrics
The performance metrics for determining the CEO's compensation include Adjusted EBITDA and Net Revenue against budgeted targets.
Perry A. Sook
Founder and CEO of Nexstar Media Group, Inc.
Education
Bachelor's degree in Business Administration from the University of Notre Dame
Field of Expertise
Media & Entertainment - Media
Sector of Economy
Communication Services
Born
January 1, 1965 - 60 years ago
CEO of Nexstar Media Group, Inc. for
29 years 11 months (Jan 1996 - Present)
Previous Experience
Founder and CEO of Nexstar Media Group, Inc.
Other Nexstar Media Group, Inc. CEOs
Holdings
Track Perry A. Sook's stock holdings and portfolio value over time.
Total Stock Sold
$307.59M
$307.59M
2,975,911 NXST shares
What if they kept their stock?
If Perry A. Sook didn't sell their stock, today they would have:
Extra NXST2,975,911 shares worth $567.37M.
This is 84.46% and $259.78M more than what they got when they sold the stock.
Insider Trading
Perry A. Sook's recent stock transactions, purchases, and sales filed with the SEC.
$11.01M
NXST at $169.66/share
Mar 4, 2025
Sale
$8.45M
NXST at $160.08/share
Dec 24, 2024
Sale
$8.31M
NXST at $157.41/share
Dec 23, 2024
Sale
$5.71M
NXST at $162.13/share
Dec 17, 2024
Sale
$7.98M
NXST at $170.00/share
Nov 22, 2024
Sale
$2.33M
NXST at $190.28/share
Nov 7, 2024
Sale
$5.04M
NXST at $158.66/share
Mar 1, 2024
Sale
$3.27M
NXST at $170.00/share
Feb 1, 2022
Sale
$60.00M
NXST at $170.10/share
Jan 14, 2022
Sale
$42.33M
NXST at $170.34/share
Jan 13, 2022
Sale
Rivals
Compare Perry A. Sook with competitor CEOs and industry peers.