NextDecade Corp (NEXT) CEO sees 266,531 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NextDecade Corp Chief Executive Officer Matthew K. Schatzman had 266,531 shares of common stock withheld by the company at $7.99 per share on July 10, 2026 to satisfy tax obligations from vesting restricted stock units. After this non-market tax-withholding disposition, he directly holds 5,338,853 shares.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Schatzman Matthew K
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 266,531 | $7.99 | $2.13M |
Holdings After Transaction:
Common Stock — 5,338,853 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 266,531 shares
Price per share for withholding: $7.99
Shares held after transaction: 5,338,853 shares
+1 more
4 metrics
Shares withheld for taxes
266,531 shares
Common stock withheld to satisfy tax withholding obligations on July 10, 2026
Price per share for withholding
$7.99
Value used for the F-code tax-withholding disposition of common stock
Shares held after transaction
5,338,853 shares
Direct common stock holdings by CEO Matthew K. Schatzman following tax withholding
Tax-withholding transactions
1
Number of F-code tax-withholding entries reported in this Form 4
Key Terms
restricted stock units, tax withholding obligations, withheld by the Issuer
3 terms
restricted stock units financial
"in connection with the vesting of restricted stock units on July 10, 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"
withheld by the Issuer financial
"Represents shares of common stock withheld by the Issuer to satisfy tax"
FAQ
What insider transaction did NextDecade (NEXT) CEO Matthew Schatzman report?
CEO Matthew K. Schatzman reported a tax-withholding disposition where 266,531 NextDecade common shares were withheld at $7.99 on July 10, 2026. The shares were withheld by the issuer to cover tax obligations arising from the vesting of restricted stock units, not sold on the open market.
What does the F code mean in Matthew Schatzman’s Form 4 for NEXT?
The F transaction code indicates a tax-withholding disposition, described as "Payment of exercise price or tax liability by delivering securities." For NEXT, 266,531 shares were withheld by the issuer to satisfy tax withholding obligations from vesting restricted stock units, rather than being sold in the market.
Was Matthew Schatzman’s NEXT transaction an open-market sale of stock?
No. The reported transaction was a tax-withholding disposition, where 266,531 shares were withheld by NextDecade to satisfy tax obligations from vesting restricted stock units. The description clarifies this was share withholding by the issuer, not an open-market sale initiated by the CEO.