STOCK TITAN

[Form 4] NextDecade Corp Insider Trading Activity

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

NextDecade (NEXT) reported insider equity activity. The Interim CFO filed a Form 4 showing two acquisitions of common stock at $0October 16, 2025 tied to restricted stock units (RSUs) and milestone achievement.

The filing lists 20,860 shares from RSUs that vested upon a milestone and 20,861 shares from RSUs that became earned upon the same milestone. The earned RSUs vest in two near-equal annual installments beginning October 16, 2026. Following these transactions, the reporting person beneficially owned 510,415 shares, held directly.

NextDecade (NEXT) ha riportato attività azionaria di insider. Il CFO ad interim ha presentato un modulo Form 4 che mostra due acquisizioni di azioni ordinarie a $0) legate a unità azionarie soggette a restrizioni (RSU) e al raggiungimento di una pietra miliare.

La segnalazione elenca 20.860 azioni provenienti da RSU che si sono maturate al raggiungimento di una pietra miliare e 20.861 azioni provenienti da RSU diventate maturate al medesimo traguardo. Le RSU maturate vestono in due rate annuali quasi uguali a partire dal 16 ottobre 2026. A seguito di queste transazioni, la persona che riporta deteneva beneficiariamente 510.415 azioni, detenute direttamente.

NextDecade (NEXT) informó actividad de insider equity. El CFO interino presentó un Formulario 4 que muestra dos adquisiciones de acciones ordinarias a $0) vinculadas a unidades de acciones restringidas (RSU) y al logro de hitos.

La presentación lista 20,860 acciones provenientes de RSU que se consolidaron al alcanzar un hito y 20,861 acciones de RSU que se volvieron ganadas al mismo hito. Las RSU ganadas se consolidan en dos cuotas anuales casi iguales a partir del 16 de octubre de 2026. Tras estas transacciones, la persona que reporta poseía beneficiariamente 510,415 acciones, mantenidas directamente.

NextDecade (NEXT)가 내부자 주식 활동을 보고했습니다. 임시 CFO가 Form 4를 제출했으며 $0의 보통주를 두 건 취득했고, 이는 제한 주식 단위(RSU) 및 이정표 달성과 관련이 있습니다.

신고서에는 20,860주가 이정표를 달성해 귀속된 RSU에서 매입되었고, 20,861주가 같은 이정표를 달성해 얻은 RSU에서 비롯되었다고 기재되어 있습니다. 얻은 RSU는 2026년 10월 16일부터 거의 동일한 두 차례의 연간 분할로 vesting됩니다. 이러한 거래 후 보고자는 직접 보유한 510,415주를 유익하게 소유했습니다.

NextDecade (NEXT) a signalé une activité d’initié en actions. Le directeur financier par intérim a déposé un formulaire Form 4 indiquant deux acquisitions d’actions ordinaires à $0) liées à des unités d’actions restreintes (RSU) et à l’atteinte d’un jalon.

Le dépôt indique 20 860 actions issues de RSU qui se sont acquises lors de l’atteinte du jalon et 20 861 actions issues de RSU devenues acquises au même jalon. Les RSU acquises se vestent en deux périodes annuelles presque égales à partir du 16 octobre 2026. Suite à ces transactions, la personne déclarant détenait bénéficiaiement 510 415 actions, détenues directement.

NextDecade (NEXT) meldete Insider-Aktienaktivitäten. Der vorläufige CFO reichte ein Formular 4 ein, das zwei Käufe von Stammaktien zu $0) in Verbindung mit Restricted Stock Units (RSUs) und dem Erreichen eines Meilensteins zeigt.

Die Einreichung listet 20.860 Aktien aus RSUs, die beim Erreichen eines Meilensteins vesteten, und 20.861 Aktien aus RSUs, die beim gleichen Meilenstein erworben wurden. Die verdienten RSUs vesten in zwei annähernd gleichen jährlichen Ratenbeginn am 16. Oktober 2026. Nach diesen Transaktionen besaß die berichtende Person beneficially 510.415 Aktien, direkt gehalten.

NextDecade ( NEXT ) أبلغت عن نشاط داخلي في الأسهم. قدم المدير المالي المؤقت استمارة 4 تُظهر عمليتي شراء لأسهم عادية بمبلغ $0 مرتبطة بوحدات الأسهم المقيدة (RSUs) وتحقيق معلم هام.

يسرد الملف 20,860 سهماً من RSUs أصبحت محققة عند بلوغ المعلم، و 20,861 سهماً من RSUs أصبحت محققة عند نفس المعلم. vesting RSUs المحققة في دفعتين سنويتين تقريبتين بدءاً من 16 أكتوبر 2026. عقب هذه المعاملات، امتلك الشخص المبلغ عنه بشكل مستفيد 510,415 سهماً، محفوظة مباشرة.

NextDecade (NEXT) 报告了内幕人持股活动。临时首席财务官提交了 Form 4,显示两次购买普通股,价格为 $0,与受限股票单位(RSU)及里程碑实现相关。

该申报列出来自 RSU 的 20,860 股在达成里程碑时归属,以及来自 RSU 的 20,861 股在同一里程碑时成已取得。已获 RSU 将在两年内以近乎等额的两期分期归属,起始日期为 2026 年 10 月 16 日。完成这些交易后,申报人直接持有受益的 510,415 股。

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NextDecade (NEXT) ha riportato attività azionaria di insider. Il CFO ad interim ha presentato un modulo Form 4 che mostra due acquisizioni di azioni ordinarie a $0) legate a unità azionarie soggette a restrizioni (RSU) e al raggiungimento di una pietra miliare.

La segnalazione elenca 20.860 azioni provenienti da RSU che si sono maturate al raggiungimento di una pietra miliare e 20.861 azioni provenienti da RSU diventate maturate al medesimo traguardo. Le RSU maturate vestono in due rate annuali quasi uguali a partire dal 16 ottobre 2026. A seguito di queste transazioni, la persona che riporta deteneva beneficiariamente 510.415 azioni, detenute direttamente.

NextDecade (NEXT) informó actividad de insider equity. El CFO interino presentó un Formulario 4 que muestra dos adquisiciones de acciones ordinarias a $0) vinculadas a unidades de acciones restringidas (RSU) y al logro de hitos.

La presentación lista 20,860 acciones provenientes de RSU que se consolidaron al alcanzar un hito y 20,861 acciones de RSU que se volvieron ganadas al mismo hito. Las RSU ganadas se consolidan en dos cuotas anuales casi iguales a partir del 16 de octubre de 2026. Tras estas transacciones, la persona que reporta poseía beneficiariamente 510,415 acciones, mantenidas directamente.

NextDecade (NEXT)가 내부자 주식 활동을 보고했습니다. 임시 CFO가 Form 4를 제출했으며 $0의 보통주를 두 건 취득했고, 이는 제한 주식 단위(RSU) 및 이정표 달성과 관련이 있습니다.

신고서에는 20,860주가 이정표를 달성해 귀속된 RSU에서 매입되었고, 20,861주가 같은 이정표를 달성해 얻은 RSU에서 비롯되었다고 기재되어 있습니다. 얻은 RSU는 2026년 10월 16일부터 거의 동일한 두 차례의 연간 분할로 vesting됩니다. 이러한 거래 후 보고자는 직접 보유한 510,415주를 유익하게 소유했습니다.

NextDecade (NEXT) a signalé une activité d’initié en actions. Le directeur financier par intérim a déposé un formulaire Form 4 indiquant deux acquisitions d’actions ordinaires à $0) liées à des unités d’actions restreintes (RSU) et à l’atteinte d’un jalon.

Le dépôt indique 20 860 actions issues de RSU qui se sont acquises lors de l’atteinte du jalon et 20 861 actions issues de RSU devenues acquises au même jalon. Les RSU acquises se vestent en deux périodes annuelles presque égales à partir du 16 octobre 2026. Suite à ces transactions, la personne déclarant détenait bénéficiaiement 510 415 actions, détenues directement.

NextDecade (NEXT) meldete Insider-Aktienaktivitäten. Der vorläufige CFO reichte ein Formular 4 ein, das zwei Käufe von Stammaktien zu $0) in Verbindung mit Restricted Stock Units (RSUs) und dem Erreichen eines Meilensteins zeigt.

Die Einreichung listet 20.860 Aktien aus RSUs, die beim Erreichen eines Meilensteins vesteten, und 20.861 Aktien aus RSUs, die beim gleichen Meilenstein erworben wurden. Die verdienten RSUs vesten in zwei annähernd gleichen jährlichen Ratenbeginn am 16. Oktober 2026. Nach diesen Transaktionen besaß die berichtende Person beneficially 510.415 Aktien, direkt gehalten.

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*
Mott Michael

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Interim CFO
3. Date of Earliest Transaction (Month/Day/Year)
10/16/2025
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 10/16/2025 A 20,860(1) A $0 489,554 D
Common Stock 10/16/2025 A 20,861(2) A $0 510,415 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 restricted stock units that vested upon Issuer's achievement of a milestone-based performance criteria on October 16, 2025.
2. Represents restricted stock units that became earned to the Reporting Person upon Issuer's achievement of a milestone-based performance criteria on October 16, 2025. Such restricted stock units vest in two near-equal annual installments beginning on October 16, 2026.
Remarks:
/s/ Vera de Gyarfas, Attorney-in-fact 10/20/2025
** 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 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 did NextDecade (NEXT) disclose in this Form 4?

An officer reported two acquisitions of common stock at $0 on October 16, 2025 related to RSU milestone achievements.

How many shares were acquired by the officer of NEXT?

The filing shows 20,860 shares from vested RSUs and 20,861 shares from RSUs that became earned on October 16, 2025.

What triggered the RSU events for NEXT’s officer?

The issuer’s achievement of a milestone-based performance criterion on October 16, 2025.

What is the vesting schedule for the earned RSUs?

They vest in two near-equal annual installments beginning on October 16, 2026.

How many NEXT shares does the officer own after these transactions?

Following the reported transactions, the officer beneficially owned 510,415 shares, held directly.

What is the reporting person’s role at NextDecade?

The reporting person is an Officer, serving as Interim CFO.
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