Welcome to our dedicated page for Nextdecade SEC filings (Ticker: NEXT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
NextDecade Corporation's SEC filings document the financing, governance and capital-structure records tied to its Rio Grande LNG development business. Recent 8-K reports describe material definitive agreements for Rio Grande LNG Train 4 and Train 5 subsidiaries, including common terms agreements, equity contribution agreements, credit agreements, collateral and intercreditor arrangements, secured debt instruments, notes and related security documents.
The filings also cover amended credit arrangements at a wholly owned indirect subsidiary, exchangeable loan features, officer employment and compensation agreements, chief financial officer transition disclosures, board appointments and annual proxy matters. Proxy materials include executive compensation, equity awards, director elections and shareholder meeting governance for the Nasdaq-listed common stock.
NextDecade Corporation disclosed that its indirect subsidiary Rio Grande LNG Intermediate HoldCo Borrower, LLC entered a new $1.0 billion term loan facility. The borrower will primarily contribute the proceeds as equity to Rio Grande LNG, which will use them to reduce outstanding project borrowings and cover related fees and expenses.
The RGLNG HoldCo Loans bear interest at 7.05% per annum, payable semi-annually, with interest paid in kind until after the third anniversary unless cash payments are elected. The loans mature on June 17, 2033 and include call protection and step-down prepayment premiums through June 17, 2030.
The credit agreement includes customary covenants and events of default, requires a minimum debt service coverage ratio of 1.05:1.00, and is secured by equity interests in the borrowing entities and substantially all of the borrower’s real and personal property. A collateral and intercreditor agreement governs relationships among this facility and any future pari passu secured debt.
Brown Charles Q. Jr. reported acquisition or exercise transactions in this Form 4 filing.
NextDecade Corp director Charles Q. Brown Jr. reported receiving a grant of restricted common stock. The award covers 11,965 shares at a stated price of $0.00 per share, reflecting stock-based compensation rather than a market purchase.
According to the filing, all 11,965 shares will vest on January 31, 2027. After this grant, Brown’s direct holdings shown in the report total 11,965 shares of common stock, and no derivative securities are listed as remaining positions.
NextDecade Corp director David L. Stover received an equity grant of 20565.0000 shares of common stock as compensation. The Form 4 classifies this as a grant or award acquisition with no cash paid per share. These shares are restricted stock that will vest on January 31, 2027, and his directly owned holdings after the transaction total 20565.0000 shares. This is a routine compensation-related award rather than an open-market purchase or sale.
NextDecade Corp director Matthew W. Bonanno has filed an initial Form 3 reporting his beneficial ownership in the company. The filing shows direct ownership of 84,900 shares of Common Stock as of the reported date. This is a disclosure of existing holdings rather than a new purchase or sale of shares.
NextDecade Corp director Charles Q. Brown Jr. filed an initial Form 3 showing his beneficial ownership position in the company. The filing reports that he holds no shares of NextDecade Corp Common Stock directly as of the reporting date.
NextDecade Corp director David L. Stover filed an initial Form 3 regarding his holdings in the company’s Common Stock. The filing shows 0 shares of Common Stock beneficially owned directly following the reported position, indicating no reportable ownership in this security at the time of filing.
General Atlantic-affiliated funds have disclosed a significant investment in NextDecade Corp, reporting beneficial ownership of 16,658,563 shares of common stock, or 5.9% of the class. The position is held through a group of Delaware entities investing via convertible loans and stock warrants.
APSC II Holdco I may acquire 8,272,308 shares upon converting $78,586,925 of Series A term loans at an exchange price of $9.50 per share, maturing on November 17, 2030. APSC II Holdco II holds 8,386,255 common stock purchase warrants across three tranches with exercise prices of $7.15 and $9.30 per share and expiries in 2031 and 2032.
The loans carry 8.0% annual interest and are secured by equity interests in Super Holdings and its subsidiaries. The investor group also holds registration rights and board designation and observer rights tied to the size of its economic stake, allowing ongoing influence over governance and potential future share issuances.
NextDecade Corporation appointed John Zuklic as Chief Financial Officer, effective July 6, 2026. He has more than 30 years of energy industry experience, including senior finance roles at Citgo Petroleum, Phillips 66 and ConocoPhillips, with responsibilities spanning financial strategy, capital structuring and large-scale transformation projects.
His compensation includes a $600,000 annual base salary, a target annual bonus equal to 100% of base salary, and an annual long-term incentive award valued at $2,100,000 under the company’s 2017 Omnibus Incentive Plan. His employment is at will and there are no related-party relationships or transactions disclosed.
At the 2026 Annual Meeting, stockholders elected Class B and Class C directors, approved an amendment to the 2017 Omnibus Incentive Plan to add 5,000,000 shares, supported executive compensation in an advisory vote, and ratified KPMG LLP as independent auditors for the fiscal year ending December 31, 2026.
NextDecade Corp controller Luke Boylston reported a routine tax-related share disposition. On May 13, 2026, 1,312 shares of common stock were withheld at $8.54 per share to satisfy tax withholding obligations tied to vesting restricted stock units.
After this tax-withholding disposition, Boylston directly holds 219,509 shares of NextDecade common stock. This event reflects automatic share withholding for taxes rather than an open-market purchase or sale decision.
NextDecade Corporation registered 19,730,742 shares of Common Stock for resale by selling stockholders.
The registration covers 9,204,426 Warrant Shares issuable upon exercise of warrants and 10,526,316 Exchange Shares issuable upon exchange of Series A Loans under the A&R Corporate Credit Agreement, pursuant to the Second Amended and Restated Registration Rights Agreement. The Company is not selling any shares hereunder and will receive no proceeds from these resales.