NextDecade (NEXT) director David L. Stover awarded 20,565 restricted shares

Rhea-AI Filing Summary

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.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider STOVER DAVID L

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	20,565	$0.00	--

Holdings After Transaction: Common Stock — 20,565 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Restricted stock granted: 20565.0000 shares Price per share: 0.0000 Shares owned after grant: 20565.0000 shares +1 more

4 metrics

Restricted stock granted 20565.0000 shares Director equity award on transaction date

Price per share 0.0000 Reported value for the granted shares

Shares owned after grant 20565.0000 shares Total direct holdings following the transaction

Vesting date January 31, 2027 Restricted stock vesting schedule from footnote

Key Terms

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

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.

Form 4 regulatory

"The Form 4 classifies this as a grant or award acquisition with no cash paid per share."

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""

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.

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Form 4 Insider Transactions: What Each Field Means →

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^*

STOVER DAVID L

(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		20,565(1)	A	$0	20,565	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)

FAQ

What insider transaction did NextDecade (NEXT) report for David L. Stover?

NextDecade reported that director David L. Stover received a grant of 20565.0000 shares of common stock. The award was recorded at a price of 0.0000 per share, reflecting a compensation grant rather than a market purchase, and increased his direct holdings to 20565.0000 shares.

Is David L. Stover’s Form 4 transaction in NextDecade (NEXT) a purchase or a grant?

The Form 4 shows a grant or award acquisition, not an open-market purchase. Transaction code A and the description confirm it is a compensation-related grant of 20565.0000 restricted shares at 0.0000 per share, classified as an acquisition rather than a buy.

When do David L. Stover’s restricted NextDecade (NEXT) shares vest?

The restricted stock granted to David L. Stover will vest on January 31, 2027. Until that vesting date, the 20565.0000 shares are subject to restrictions, typical for director compensation awards that encourage longer-term alignment with the company’s performance over time.

How many NextDecade (NEXT) shares does David L. Stover hold after this Form 4?

Following the award, David L. Stover directly owns 20565.0000 shares of NextDecade common stock. This total equals the number of granted restricted shares reported, indicating his entire reported position in this filing consists of the newly awarded stock grant.

Does David L. Stover pay cash for his restricted NextDecade (NEXT) stock grant?

The reported price per share is 0.0000, indicating Stover did not pay cash for the 20565.0000 restricted shares. Such director grants are typically issued as part of equity compensation programs rather than through open-market purchases funded by the insider.