NextDecade controller uses 1,312 shares for taxes

NextDecade Corp controller Luke Boylston reported a routine tax-related share disposition.

Accepted by SEC EDGAR 05/14/2026 - 04:48 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

NextDecade Corp controller Luke Boylston reported a routine tax-related share disposition. On May 13, 2026, 1,312 shares of common stock were withheld at $8.54 per share to satisfy tax withholding obligations tied to vesting restricted stock units.

After this tax-withholding disposition, Boylston directly holds 219,509 shares of NextDecade common stock. This event reflects automatic share withholding for taxes rather than an open-market purchase or sale decision.

Insider Trade Summary

Exercise Price or Tax Liability: 1,312 shares

Exercise Price or Tax Liability 1 txn

Insider Boylston Luke

Role Controller

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	1,312	$8.54	$11K

Holdings After Transaction: Common Stock — 219,509 shares (Direct)

Footnotes (1)

1. F1. Represents shares of common stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units on May 13, 2026.

Key Figures

Shares withheld for taxes: 1,312 shares Withholding price per share: $8.54 per share Shares held after transaction: 219,509 shares

3 metrics

Shares withheld for taxes 1,312 shares Tax withholding on RSU vesting May 13, 2026

Withholding price per share $8.54 per share Value used for 1,312 withheld shares

Shares held after transaction 219,509 shares Direct common stock ownership after tax withholding

Key Terms

restricted stock units, tax withholding obligations, Form 4

3 terms

restricted stock units financial

"in connection with the vesting of restricted stock units on May 13, 2026"

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.

tax withholding obligations financial

"withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting"

Form 4 regulatory

"INSIDER FILING DATA (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.

FAQ

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

What did NextDecade (NEXT) controller Luke Boylston report in this Form 4?

Luke Boylston reported a tax-related share disposition. The company withheld 1,312 shares of common stock at $8.54 per share to cover tax obligations triggered by the vesting of restricted stock units on May 13, 2026.

Was Luke Boylston’s NextDecade (NEXT) transaction an open-market stock sale?

No, the transaction was not an open-market sale. The 1,312 shares were withheld by NextDecade to satisfy tax withholding obligations related to vesting restricted stock units, a routine compensation and tax-settlement mechanism rather than an active trading decision.

How many NextDecade (NEXT) shares does Luke Boylston hold after this filing?

Following the tax-withholding disposition, Luke Boylston directly holds 219,509 shares of NextDecade common stock. This figure reflects his remaining position after the company withheld 1,312 shares to cover tax obligations from restricted stock unit vesting.

What does transaction code F mean in Luke Boylston’s NextDecade Form 4?

Transaction code F indicates shares used to pay an exercise price or tax liability. In this case, 1,312 shares of NextDecade common stock were withheld by the issuer to satisfy tax withholding obligations arising from restricted stock unit vesting on May 13, 2026.

Does this NextDecade (NEXT) Form 4 suggest a change in insider sentiment?

The filing reflects a routine tax-withholding event, not a discretionary buy or sell. Shares were withheld to meet tax obligations tied to vesting compensation, while Boylston continues to hold 219,509 shares directly, indicating an ongoing equity position after the adjustment.

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^*

Boylston Luke

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Controller

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/13/2026

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	05/13/2026		F		1,312(1)	D	$8.54	219,509	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 common stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units on May 13, 2026.

Remarks:

	/s/ Luke Boylston	05/14/2026
	** 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)