Nexstar shareholders reject advisory pay proposal

|About: Nexstar Media Group, Inc. (NXST)|By:, SA News Editor

Nexstar Media Group (NXST +4.5%) shareholders have rejected their say-on-pay proposal at the company's annual meeting.

The company's SEC filing shows that Perry Sook, Geoff Armstrong and Jay Grossman were elected as Class III directors by heavy margins, and shareholders ratified the company's auditor.

But a nonbinding vote on executive compensation failed with 22.49M votes against, vs. a total of 15.23M for.