Jay Grossman Net Worth

The estimated Net Worth of Jay M. Grossman is at least $14.4 Milion dollars as of 9 June 2024. Mr. Grossman owns over 750 units of Nexstar Media Inc stock worth over $10,397,516 and over the last 21 years he sold NXST stock worth over $3,754,588. In addition, he makes $241,774 as Independent Director at Nexstar Media Inc.

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Mr. Grossman NXST stock SEC Form 4 insiders trading

Jay has made over 30 trades of the Nexstar Media Inc stock since 2003, according to the Form 4 filled with the SEC. Most recently he exercised 750 units of NXST stock worth $115,365 on 9 June 2024.

The largest trade he's ever made was buying 40,000 units of Nexstar Media Inc stock on 18 November 2008 worth over $26,000. On average, Jay trades about 4,198 units every 156 days since 2003. As of 9 June 2024 he still owns at least 64,625 units of Nexstar Media Inc stock.

You can see the complete history of Mr. Grossman stock trades at the bottom of the page.

Jay Grossman biography

Jay M. Grossman serves as Independent Director of the Company. Mr. Grossman serves as Managing Partner and Co-Chief Executive Officer at ABRY Partners, LLC (“ABRY”), which he joined in 1996. Prior to joining ABRY, Mr. Grossman was an investment banker specializing in media and entertainment at Kidder Peabody and at Prudential Securities. Mr. Grossman currently serves as a director (or the equivalent) of several private companies including Hometown Cable, Grande Communications Networks and RCN Telecom Services. Previously, Mr. Grossman served on the board of directors of a wide variety of companies including Atlantic Broadband, Q9 Networks, Sidera Networks, WideOpenWest Holdings, Consolidated Theaters, Country Road Communications, Monitronics International, Caprock Communications, Cyrus One Networks, Executive Health Resources and Hosted Solutions. Mr. Grossman brings to Nexstar’s Board of Directors his ability to provide the insight and perspectives of a former investment banker at one of the world’s largest investment banks. His prior experience with media and entertainment transactions offers a unique viewpoint as a director. He also oversaw the integration of two middle-market communications companies with differing operations and networks. His service on the boards of several private companies in diverse industries allows him to offer a broad perspective on corporate governance, compensation and operating issues facing corporations today.

What is the salary of Jay Grossman?

As the Independent Director of Nexstar Media Inc, the total compensation of Jay Grossman at Nexstar Media Inc is $241,774. There are 12 executives at Nexstar Media Inc getting paid more, with Perry Sook having the highest compensation of $16,365,700.

How old is Jay Grossman?

Jay Grossman is 60, he's been the Independent Director of Nexstar Media Inc since 2002. There are 13 older and 13 younger executives at Nexstar Media Inc. The oldest executive at Nexstar Media Group Inc is I. Martin Pompadur, 84, who is the Independent Director.

What's Jay Grossman's mailing address?

Jay's mailing address filed with the SEC is C/O ABRY PARTNERS, LLC, 888 BOYLSTON ST. STE 1600, BOSTON, MA, 02199.

Insiders trading at Nexstar Media Inc

Over the last 21 years, insiders at Nexstar Media Inc have traded over $550,871,166 worth of Nexstar Media Inc stock and bought 875,610 units worth $3,197,323 . The most active insiders traders include Royce Yudroff, Broadcast Partners Iii Lp Abry oraz Broadcast Partners Ii L P Abry. On average, Nexstar Media Inc executives and independent directors trade stock every 11 days with the average trade being worth of $9,194,220. The most recent stock trade was executed by Rachel Morgan on 27 August 2024, trading 6,196 units of NXST stock currently worth $1,061,375.

What does Nexstar Media Inc do?

nexstar media group is the largest tv station operator in the country. with the reach of 171 full power television stations in 100 markets addressing nearly 38.9% of us television households, and a diversified, growing digital media operation, nexstar media group offers superior audience engagement across all media devices and local broadcast television’s unrivalled influence on consumers’ purchasing and political decisions. in 20 years, nexstar has grown from a single station to the nation’s largest television company. this growth is fueled by an organization-wide commitment to delivering exceptional service to our communities and outstanding results for our advertisers. from the very beginning, nexstar has cultivated an organization-wide commitment to providing superior, unique local content that is relevant to each of the communities it serves, while offering local businesses, advertisers and brands the ability to engage and connect with local communities.

Complete history of Mr. Grossman stock trades at Nexstar Media Inc

Nexstar Media Inc executives and stock owners

Nexstar Media Inc executives and other stock owners filed with the SEC include:

• Perry Sook,
  Chairman of the Board, Chief Executive Officer
• Perry A. Sook,
  Founder, Chairman & CEO
• Thomas Carter,
  President, Chief Financial Officer, Chief Operating Officer
• Timothy Busch,
  President of Nexstar Broadcasting, Inc.
• Gregory Raifman,
  President of Nexstar Digital LLC
• Thomas E. Carter,
  Pres & COO
• Dana Zimmer,
  Pres of Distribution
• Blake Russell,
  Executive Vice President, Station Operations and Content Development
• Geoff Armstrong,
  Independent Director
• Lisbeth McNabb,
  Independent Director
• I. Martin Pompadur,
  Independent Director
• Dennis FitzSimons,
  Independent Director
• John Muse,
  Independent Director
• Dennis Miller,
  Independent Director
• C. Thomas McMillen,
  Independent Director
• Jay Grossman,
  Independent Director
• Joseph Jaffoni,
  Investor Relation
• Dana Zimmer,
  Executive Vice President, Chief Distribution and Strategy Officer
• Gary Weitman,
  Executive Vice President, Chief Communications Officer
• William Sally,
  Executive Vice President of Sales
• Elizabeth Ryder,
  Executive Vice President, General Counsel, Secretary
• Brett Jenkins,
  Executive Vice President, Chief Technology Officer
• Sean Compton,
  President - Networks overseeing WGN America, AntennaTV, and WGN Radio
• Karen Brophy,
  President - Digital Unit
• Julie Pruett,
  Sr. VP & Regional Mang. of Broadcasting
• Blake Russell,
  Exec. VP of Station Operations & Content Devel.
• Terri Lynn Bush,
  Sr. VP of HR & Associate Counsel
• Gary Weitman,
  Exec. VP & Chief Communications Officer
• Elizabeth Ryder J.D.,
  Exec. VP, Gen. Counsel & Sec.
• Brett E. Jenkins,
  Exec. VP & CTO
• Lee Ann Gliha,
  Exec. VP & CFO
• Anthony Katsur,
  See Remarks
• Thomas O'brien,
  EVP, CRO Digital Media
• Brian Jones,
  See Remarks
• Michael Kestenbaum,
  See Remarks
• Douglas Davis,
  See Remarks
• Gary Michael Vaughn,
  See Remarks
• Theresa Underwood,
  See Remarks
• Diane Kniowski,
  See Remarks
• Julie Pruett,
  SVP and Regional Manager
• Rachel Morgan,
  EVP General Counsel
• Michael Biard,
  President & COO
• Keith P. Hopkins,
  SVP - Distribution
• Daniel Street,
  See Remarks
• Rajesh Ramanan,
  See Remarks
• Rick Rogala,
  SVP, Regional Manager
• Shirley E Green,
  Vice President
• Gabe Nill,
  VP, Corporate Controller
• Michael Donovan,
  Director
• Rajiv Lulla,
  Senior Vice President
• Paul Greeley,
  Vice President
• Adrian Giuhat,
  SVP, Chief Technology Officer
• Christopher Manson,
  Vice President of News
• Marc Montoya,
  SVP, eMedia Sales & Operations
• Broadcast Partners Ii L P Abry,
  10% owner
• Duane A Lammers,
  COO & Executive V.P.
• Todd Porch,
  SVP, eMedia
• Royce Yudkoff,
  Director
• Richard Stolpe,
  Vice President
• Erik Brooks,
  Director
• David K. Raucher,
  VP, Information Technology
• Susana G Willingham,
  Vice President
• Royce Yudroff,
  Director
• Broadcast Partners Iii Lp Abry,
  10% owner
• John Lund,
  VP, Corporate Controller
• Peggy Koenig,
  Director
• G Robert Thompson,
  CFO & Exec. V.P.
• Matthew E Devine,
  CFO & Executive Vice President
• Andrew Alford,
  President, Broadcasting
• Lee Ann Gliha,
  EVP, Chief Financial Officer
• Bernadette S. Aulestia,
  
• Michael Strober,
  EVP, Chief Revenue Officer
• Royce A. Wells,