STOCK TITAN

NextDecade awards CAO 23,872 RSUs, withholds shares

NextDecade’s chief accounting officer received a new RSU grant while shares were withheld to cover taxes from an earlier RSU vesting.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

NextDecade Corp (NEXT) reported that Chief Accounting Officer Luke Boylston received an equity award on August 31, 2026. He was granted 23,872 restricted stock units, each representing a contingent right to one share of common stock, vesting in three near-equal annual installments beginning August 31, 2027. On the same date, 6,563 shares of common stock were withheld by the company at $7.54 per share to satisfy tax withholding obligations arising from a prior restricted stock unit vesting.

Positive

  • None.

Negative

  • None.
Insider Boylston Luke
Role Chief Accounting Officer
Type Security Shares Price Value
Grant/Award Common Stock F1 23,872 $0.00 $0.00
Tax Withholding Common Stock F2 6,563 $7.54 $49K
Holdings After Transaction: Common Stock — 236,818 shares (Direct)
Footnotes (2)
  1. 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.
  2. 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.
RSUs granted 23,872 units Restricted stock units granted to the Chief Accounting Officer on August 31, 2026
Shares withheld for taxes 6,563 shares Common shares withheld to satisfy tax obligations on August 31, 2026
Withholding price $7.54 per share Valuation per share for 6,563 shares withheld for tax withholding
Vesting start date August 31, 2027 Date the three near-equal annual RSU installments begin vesting
Vesting installments 3 annual installments Structure of RSU vesting for the 23,872-unit grant
restricted stock units financial
"Shares are represented by restricted stock units."
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"

FAQ

What equity award did NEXT grant to its Chief Accounting Officer on August 31, 2026?

NextDecade granted Luke Boylston 23,872 restricted stock units on August 31, 2026. Each RSU represents a contingent right to one share of the company’s common stock, vesting over three near-equal annual installments starting August 31, 2027.

How do the new RSUs for NEXT’s Chief Accounting Officer vest?

The 23,872 restricted stock units granted to NextDecade’s Chief Accounting Officer vest in three near-equal annual installments, beginning on August 31, 2027, with additional installments in the following two years.

Why did NEXT withhold 6,563 shares from its Chief Accounting Officer?

NextDecade withheld 6,563 shares of common stock on August 31, 2026 to satisfy tax withholding obligations related to the vesting of previously granted restricted stock units.

At what price were the 6,563 withheld NEXT shares valued?

The 6,563 shares of NextDecade common stock withheld to cover tax obligations were valued at $7.54 per share according to the Form 4 disclosure.

Was the Form 4 transaction for NEXT made under a Rule 10b5-1 trading plan?

No. The filing indicates that the Rule 10b5-1 checkbox is not affirmed, and the footnotes describe the transactions as RSU grants and tax withholding, with no mention of a Rule 10b5-1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock08/31/2026A23,872(1)A$0243,381D
Common Stock08/31/2026F6,563(2)D$7.54236,818D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
2. 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.
Remarks:
/s/ Luke Boylston09/02/2026
** Signature of Reporting PersonDate
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)