NextDecade director granted 11,965 restricted shares

Brown Charles Q. Jr. reported acquisition or exercise transactions in this Form 4 filing.

Accepted by SEC EDGAR 06/16/2026 - 06:33 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

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.

Insider Trade Summary

Grant/Award: 11,965 shares

Grant/Award 1 txn

Insider Brown Charles Q. Jr.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	11,965	$0.00	$0.00

Holdings After Transaction: Common Stock — 11,965 shares (Direct)

Footnotes (1)

1. F1. Represents shares of restricted stock that will vest on January 31, 2027.

Key Figures

Restricted stock granted: 11,965 shares Grant price per share: $0.00 per share Shares after transaction: 11,965 shares +1 more

4 metrics

Restricted stock granted 11,965 shares Grant of common stock to director on June 15, 2026

Grant price per share $0.00 per share Equity compensation award, not an open-market purchase

Shares after transaction 11,965 shares Total direct non-derivative holdings following the grant

Vesting date January 31, 2027 Restricted stock vests on this date per footnote

Key Terms

restricted stock, vest, Form 4, Grant, award, or other acquisition

4 terms

restricted stock financial

"Represents shares of restricted stock that will vest on January 31, 2027."

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

vest financial

"Represents shares of restricted stock that will vest on January 31, 2027."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

Form 4 regulatory

"according to the Form 4."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did NextDecade (NEXT) director Charles Q. Brown Jr. report?

Charles Q. Brown Jr. reported receiving a grant of 11,965 shares of restricted common stock. This was a stock-based compensation award, not an open-market trade, and it increased his direct holdings to 11,965 shares according to the Form 4.

How many NextDecade (NEXT) shares were granted to Charles Q. Brown Jr.?

The filing shows a grant of 11,965 shares of NextDecade common stock. These shares are structured as restricted stock, awarded at a stated price of $0.00 per share, consistent with equity compensation rather than a cash purchase on the market.

When do the restricted NextDecade (NEXT) shares granted to Charles Q. Brown Jr. vest?

The restricted stock grant to Charles Q. Brown Jr. will vest on January 31, 2027. Vesting means the shares become fully earned and transferable under the plan’s terms, assuming any applicable service or other conditions are satisfied.

Was the NextDecade (NEXT) Form 4 for Charles Q. Brown Jr. a stock purchase or a compensation award?

The Form 4 reflects a compensation award, not a market purchase. It reports an acquisition coded as a grant or award of 11,965 restricted shares at $0.00 per share, which is typical for equity compensation rather than an open-market transaction.

What is Charles Q. Brown Jr.’s direct NextDecade (NEXT) shareholding after this Form 4 transaction?

After the reported grant, Brown directly holds 11,965 shares of NextDecade common stock. The filing lists this figure as his total non-derivative shares following the transaction and shows no remaining derivative securities positions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

Brown Charles Q. Jr.

(Last) (First) (Middle)

1000 LOUISIANA STREET, SUITE 3300

(Street)

HOUSTON TEXAS 77002

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026

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

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

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

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	06/15/2026		A		11,965(1)	A	$0	11,965	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/ Vera de Gyarfas, Attorney-in-fact	06/16/2026
	** 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.
* Form 4: SEC 1474 (03-26)