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Director at NextDecade (NEXT) receives 30,245 restricted shares vesting in 2027

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

NextDecade Corp director reports stock award. Director Edward Andrew Scoggins Jr. received 30,245 shares of NextDecade common stock on January 30, 2026 in a transaction coded "A" for acquisition at $0 per share, reflecting an equity compensation grant.

These shares are described as restricted stock that will vest on January 31, 2027, meaning they are subject to a time-based vesting condition. Following this grant, Scoggins directly beneficially owns 230,315 shares of NextDecade common stock.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Scoggins Edward Andrew Jr.

(Last) (First) (Middle)
1000 LOUISIANA STREET, SUITE 3300

(Street)
HOUSTON TX 77002

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
NextDecade Corp [ NEXT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
01/30/2026
4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/30/2026 A 30,245(1) A $0 230,315 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares of restricted stock that will vest on January 31, 2027.
Remarks:
/s/ Edward Andrew Scoggins, Jr. 02/03/2026
** 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 4 (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 insider transaction did NextDecade (NEXT) disclose for January 30, 2026?

NextDecade disclosed that director Edward Andrew Scoggins Jr. acquired 30,245 shares of common stock on January 30, 2026. The acquisition was coded as an award at $0 per share, reflecting an equity-based compensation grant rather than an open-market purchase.

What type of shares did the NextDecade (NEXT) director receive in this Form 4 filing?

The director received restricted stock in the amount of 30,245 shares. According to the disclosure, these restricted shares are subject to vesting and will fully vest on January 31, 2027, indicating a time-based incentive structure tied to continued service.

How many NextDecade (NEXT) shares does the reporting director own after this transaction?

After the reported grant, director Edward Andrew Scoggins Jr. beneficially owns 230,315 shares of NextDecade common stock. The ownership is listed as direct, meaning the shares are held in his own name rather than through an intermediary entity or trust.

Was the NextDecade (NEXT) insider transaction a purchase on the open market?

No, the transaction was reported with code "A" for acquisition at a price of $0 per share, indicating an equity award rather than an open-market purchase. The shares are restricted stock that will vest on January 31, 2027 under the described vesting schedule.

What is the vesting schedule for the restricted stock granted by NextDecade (NEXT)?

The filing states that the 30,245 restricted shares granted to the director will vest on January 31, 2027. This means the director must remain in the qualifying role until that date for the shares to fully vest and become unrestricted.

What role does the reporting person hold at NextDecade (NEXT) in this Form 4?

The reporting person, Edward Andrew Scoggins Jr., is identified as a director of NextDecade Corp. The Form 4 indicates the filing is made by one reporting person and confirms his relationship to the issuer solely in the capacity of director.
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