[Form 3] NextDecade Corporation Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

NextDecade Corp (NEXT) director filing: This Form 3 reports that Park In Kyu was designated as a Director and filed an initial statement of beneficial ownership for NextDecade Corporation. The event date is 07/29/2025. The filing shows 0 shares of common stock beneficially owned, reported as direct ownership. The Form was signed by an attorney-in-fact on 08/11/2025. No derivative securities, options, or other holdings are reported and no amendments are indicated.

Positive

• Initial Section 16 filing completed for a new director, establishing a compliance baseline
• No derivatives reported, simplifying future reporting until equity is acquired

Negative

• Zero common shares owned by the reporting director at the time of filing, which may limit alignment with shareholders

Insights

Corporate Governance Analyst

Director appointment filed; no equity stake reported.

The filing documents that Park In Kyu is a director-level reporting person for NextDecade with an event date of 07/29/2025. The Form 3 shows 0 shares of common stock and no derivatives, indicating no reported equity position at filing.

This creates a clear baseline ownership record for compliance and future Section 16 reporting. Watch for future Form 4 or Form 5 entries if equity grants, purchases, or option awards are later disclosed; such filings would change disclosed insider ownership and trading activity in the near term.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Park In Kyu

(Last) (First) (Middle)

1000 LOUISIANA STREET, SUITE 3300

(Street)

HOUSTON TX 77002

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
07/29/2025

3. Issuer Name and Ticker or Trading Symbol
NextDecade Corp [ NEXT ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	0	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	/s/ Vera de Gyarfas, Attorney-in-fact	08/11/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Park In Kyu report on the Form 3 for NEXT?

The Form 3 reports that Park In Kyu is a Director and beneficially owns 0 shares of common stock as of 07/29/2025.

Does the filing show any options or derivative holdings for NEXT insiders?

No. The filing lists no derivative securities, options, warrants, or convertible holdings for the reporting person.

When was the Form 3 signed for the NEXT filing?

The Form 3 bears a signature by an attorney-in-fact, dated 08/11/2025.

Is this filing an amendment or the initial statement?

This is an initial Form 3 filing. No amendment date is provided.

Will this Form 3 trigger further reporting requirements?

Yes. Any future purchases, sales, grants, or other changes in ownership by the reporting person would require subsequent Section 16 filings (e.g., Form 4 or Form 5).