In 2023, Thomas E. Carter earned $58.46M in total compensation at Nexstar Media Group, Inc., including $3.00M salary, $4.90M bonus and $50.56M in stock. Most recently sold 1,234 shares in Dec 2023. Currently holds stock worth $34.65M. Has donated $7.03M in stock to charitable causes. Led Nexstar Media Group, Inc. as CEO for 2 years.
Compensation History
Annual executive compensation data for Thomas E. Carter, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$58.46M
Salary
$3.00M
Bonus
$4.90M
Other
$0.00
Salary
$3.00MBoard Justification
The compensation philosophy aims to attract and retain talented executives by providing a competitive total compensation package that aligns with company performance and shareholder interests.
Bonus
$4.90MBoard Justification
The annual bonus was based on performance metrics including Adjusted EBITDA and Net Revenue, achieving 82% of the target due to partial achievement of the criteria.
Other Compensation
$0.00Board Justification
No additional compensation reported outside of salary, bonus, and stock awards.
Restricted Stock
Board Justification
The total number of shares acquired from the vesting of restricted stock units, including performance-based and time-based RSUs, during the year 2023.
Performance Metrics
The performance metrics for the CEO's compensation included Adjusted EBITDA and Net Revenue targets.
Thomas E. Carter
Ex-CEO of Nexstar Media Group, Inc.
Education
Bachelor's degree in Finance from the University of Texas at Austin
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Communication Services
Born
January 1, 1968 - 57 years ago
CEO of Nexstar Media Group, Inc. for
2 years 9 months (Oct 2020 - Jul 2023)
Previous Experience
Chief Financial Officer at Nexstar Media Group, Inc.
Other Nexstar Media Group, Inc. CEOs
Holdings
Track Thomas E. Carter's stock holdings and portfolio value over time.
Total Stock Sold
$40.94M
$40.94M
322,604 NXST shares
What if they kept their stock?
If Thomas E. Carter didn't sell their stock, today they would have:
Extra NXST322,604 shares worth $61.51M.
This is 50.24% and $20.57M more than what they got when they sold the stock.
Charitable Transactions
36,852 shares
NXST
Recent Charitable Transactions
4,000 shares
NXST
Dec 13, 2023
Charity
3,000 shares
NXST
Nov 15, 2023
Charity
1,648 shares
NXST
Jun 26, 2023
Charity
3,000 shares
NXST
Mar 28, 2023
Charity
7,225 shares
NXST
Nov 14, 2022
Charity
3,750 shares
NXST
Aug 17, 2022
Charity
Insider Trading
Thomas E. Carter's recent stock transactions, purchases, and sales filed with the SEC.
$192.37K
NXST at $155.89/share
Dec 26, 2023
Sale
$288.35K
NXST at $158.96/share
Dec 22, 2023
Sale
$306.76K
NXST at $157.23/share
Dec 20, 2023
Sale
$491.48K
NXST at $158.54/share
Dec 18, 2023
Sale
$966.88K
NXST at $161.15/share
Dec 14, 2023
Sale
4,000 shares
NXST
Dec 13, 2023
Charity
$1.28M
NXST at $150.45/share
Dec 4, 2023
Sale
3,000 shares
NXST
Nov 15, 2023
Charity
$896.15K
NXST at $149.36/share
Nov 14, 2023
Sale
$827.50K
NXST at $165.50/share
Aug 31, 2023
Sale
Rivals
Compare Thomas E. Carter with competitor CEOs and industry peers.