NextDecade grants COO 99,469 RSUs, withholds shares
NextDecade’s COO received a new 99,469‑unit RSU grant, while 18,043 shares were withheld to cover taxes on a prior RSU vesting.
Rhea-AI Filing Summary
NextDecade Corp (NEXT) reported equity compensation changes for Chief Operating Officer Tarik Skeik99,469 restricted stock units18,043 shares$7.54
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Skeik Tarik
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 99,469 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 18,043 | $7.54 | $136K |
Holdings After Transaction:
Common Stock — 363,274 shares (Direct)
Footnotes (2)
- F1. Shares are represented by restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer. The restricted stock units vest in three near-equal annual installments beginning August 31, 2027.
- F2. Represents shares of common stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units on August 31, 2026.
Key Figures
RSUs granted: 99,469 units
Tax withholding shares: 18,043 shares
Per-share value for tax withholding: $7.54 per share
+1 more
4 metrics
RSUs granted
99,469 units
Restricted stock units granted to COO Tarik Skeik on August 31, 2026
Tax withholding shares
18,043 shares
Common shares withheld to satisfy tax obligations on RSU vesting on August 31, 2026
Per-share value for tax withholding
$7.54 per share
Value applied to 18,043 shares withheld for tax obligations
RSU vesting schedule
Three near-equal annual installments
Vesting of 99,469 RSUs beginning August 31, 2027
Key Terms
restricted stock units, contingent right, tax withholding obligations, vesting
4 terms
restricted stock units financial
"Shares are represented by restricted stock units. Each restricted stock unit"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
tax withholding obligations financial
"withheld by the Issuer to satisfy tax withholding obligations in connection"
vesting financial
"obligations in connection with the vesting of restricted stock units"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What equity award did NEXT grant to its COO Tarik Skeik?
NextDecade granted Chief Operating Officer Tarik Skeik 99,469 restricted stock units
When do Tarik Skeik’s new RSUs at NEXT vest?
The 99,469 restricted stock unitsthree near-equal annual installmentsAugust 31, 2027