STOCK TITAN

[Form 4] NextDecade Corporation Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Skeik Tarik, identified as the Chief Operating Officer of NextDecade Corp (NEXT), reported transactions on 08/29/2025 involving restricted stock units and share withholding for taxes. The filing shows 46,641 restricted stock units granted (transaction code A) at $0, increasing beneficial ownership to 137,550 shares immediately after the grant. On the same date the issuer withheld 7,379 shares (transaction code F) to satisfy tax withholding at an effective price of $10.72, leaving 130,171 shares beneficially owned following the withholding. The RSUs vest in three near-equal annual installments beginning August 31, 2026. The form is signed by an attorney-in-fact on behalf of the reporting person.

Skeik Tarik, indicato come Chief Operating Officer di NextDecade Corp (NEXT), ha comunicato operazioni effettuate il 29/08/2025 relative a unità azionarie vincolate (RSU) e alla ritenuta di azioni per imposte. La segnalazione riporta la concessione di 46.641 unità azionarie vincolate (codice operazione A) a $0, portando la detenzione effettiva a 137.550 azioni immediatamente dopo la concessione. Nello stesso giorno l'emittente ha trattenuto 7.379 azioni (codice operazione F) per soddisfare la ritenuta fiscale a un prezzo effettivo di $10,72, lasciando 130.171 azioni in proprietà effettiva dopo la ritenuta. Le RSU maturano in tre tranche annuali quasi uguali a partire dal 31 agosto 2026. Il modulo è firmato da un procuratore per conto della persona segnalante.

Skeik Tarik, identificado como Chief Operating Officer de NextDecade Corp (NEXT), notificó transacciones el 29/08/2025 relacionadas con unidades restringidas de acciones (RSU) y la retención de acciones para impuestos. La presentación muestra la concesión de 46.641 unidades restringidas (código de transacción A) a $0, aumentando la propiedad beneficiaria a 137.550 acciones inmediatamente después de la concesión. Ese mismo día el emisor retuvo 7.379 acciones (código F) para cubrir la retención fiscal a un precio efectivo de $10,72, dejando 130.171 acciones en propiedad beneficiaria tras la retención. Las RSU vencen en tres cuotas anuales casi iguales a partir del 31 de agosto de 2026. El formulario está firmado por un apoderado en nombre de la persona informante.

Skeik Tarik, NextDecade Corp(NEXT)의 최고운영책임자(COO)로 기재된 인물이 2025년 8월 29일 제한주식단위(RSU) 및 세금 원천징수를 위한 주식 보유 관련 거래를 신고했습니다. 서류에는 46,641개의 제한주식단위(거래 코드 A)가 $0로 부여되어 부여 직후 실소유가 137,550주로 증가했다고 나와 있습니다. 같은 날 발행사는 세금 원천징수를 위해 7,379주(거래 코드 F)를 원천징수했으며 유효 가격은 $10.72로, 원천징수 후 실소유 주식은 130,171주로 남았습니다. RSU는 2026년 8월 31일부터 시작해 거의 동일한 3년 분할로 베스팅됩니다. 해당 양식은 신고인을 대신한 법정대리인이 서명했습니다.

Skeik Tarik, indiqué comme Chief Operating Officer de NextDecade Corp (NEXT), a déclaré des opérations le 29/08/2025 concernant des unités d'actions restreintes (RSU) et la retenue d'actions pour impôts. Le dépôt affiche l'attribution de 46 641 unités d'actions restreintes (code de transaction A) à 0 $, portant la détention bénéficiaire à 137 550 actions immédiatement après l'attribution. Le même jour, l'émetteur a retenu 7 379 actions (code F) pour satisfaire la retenue fiscale à un prix effectif de 10,72 $, laissant 130 171 actions détenues à titre bénéficiaire après la retenue. Les RSU seront acquises en trois versements annuels presque égaux à compter du 31 août 2026. Le formulaire est signé par un mandataire au nom de la personne déclarée.

Skeik Tarik, als Chief Operating Officer von NextDecade Corp (NEXT) benannt, meldete Transaktionen am 29.08.2025 im Zusammenhang mit eingeschränkten Aktieneinheiten (RSU) und der Einbehaltung von Aktien zur Steuerabführung. Die Einreichung zeigt die Gewährung von 46.641 Restricted Stock Units (Transaktionscode A) zu $0, wodurch der wirtschaftliche Besitz unmittelbar nach der Gewährung auf 137.550 Aktien anstieg. Am selben Tag behielt der Emittent 7.379 Aktien (Transaktionscode F) zur Erfüllung der Steuerabführung ein, zum effektiven Preis von $10,72, sodass nach der Einbehaltung 130.171 Aktien wirtschaftlich gehalten wurden. Die RSU werden in drei annähernd gleichen jährlichen Raten ab dem 31. August 2026 fällig. Das Formular ist von einem Bevollmächtigten im Namen der meldenden Person unterzeichnet.

Positive
  • 46,641 restricted stock units were granted, aligning the Chief Operating Officer's compensation with shareholder value through equity-based pay
  • The RSUs have a disclosed vesting schedule: three near-equal annual installments beginning August 31, 2026, which supports retention
Negative
  • 7,379 shares were withheld to satisfy tax withholding obligations, reducing the reporting person's immediate share count
  • No information provided about the total dilution impact or company-wide grant program context, limiting assessment of materiality

Insights

TL;DR: Executive received a material equity award (46,641 RSUs); a routine withholding of 7,379 shares occurred to cover taxes.

The reported grant of 46,641 restricted stock units represents a compensation event that increases the executive's potential equity stake over time, with a clear vesting schedule starting August 31, 2026. The contemporaneous withholding of 7,379 shares to satisfy tax obligations is customary and reduces immediate share count but does not indicate a sale for liquidity. For investors, this is a standard insider compensation disclosure showing alignment with shareholder interests through equity-based pay.

TL;DR: RSU grant and tax-withholding are routine governance actions; vesting schedule disclosed enhances transparency.

The Form 4 discloses the mechanics of an equity award and tax withholding clearly. The vesting in three near-equal annual installments is a common retention structure. The filing being signed by an attorney-in-fact is procedurally acceptable; no indications of unusual transactions, option exercises, or derivative actions were reported. From a governance perspective, the disclosure meets Section 16 requirements and provides necessary timing and quantity details.

Skeik Tarik, indicato come Chief Operating Officer di NextDecade Corp (NEXT), ha comunicato operazioni effettuate il 29/08/2025 relative a unità azionarie vincolate (RSU) e alla ritenuta di azioni per imposte. La segnalazione riporta la concessione di 46.641 unità azionarie vincolate (codice operazione A) a $0, portando la detenzione effettiva a 137.550 azioni immediatamente dopo la concessione. Nello stesso giorno l'emittente ha trattenuto 7.379 azioni (codice operazione F) per soddisfare la ritenuta fiscale a un prezzo effettivo di $10,72, lasciando 130.171 azioni in proprietà effettiva dopo la ritenuta. Le RSU maturano in tre tranche annuali quasi uguali a partire dal 31 agosto 2026. Il modulo è firmato da un procuratore per conto della persona segnalante.

Skeik Tarik, identificado como Chief Operating Officer de NextDecade Corp (NEXT), notificó transacciones el 29/08/2025 relacionadas con unidades restringidas de acciones (RSU) y la retención de acciones para impuestos. La presentación muestra la concesión de 46.641 unidades restringidas (código de transacción A) a $0, aumentando la propiedad beneficiaria a 137.550 acciones inmediatamente después de la concesión. Ese mismo día el emisor retuvo 7.379 acciones (código F) para cubrir la retención fiscal a un precio efectivo de $10,72, dejando 130.171 acciones en propiedad beneficiaria tras la retención. Las RSU vencen en tres cuotas anuales casi iguales a partir del 31 de agosto de 2026. El formulario está firmado por un apoderado en nombre de la persona informante.

Skeik Tarik, NextDecade Corp(NEXT)의 최고운영책임자(COO)로 기재된 인물이 2025년 8월 29일 제한주식단위(RSU) 및 세금 원천징수를 위한 주식 보유 관련 거래를 신고했습니다. 서류에는 46,641개의 제한주식단위(거래 코드 A)가 $0로 부여되어 부여 직후 실소유가 137,550주로 증가했다고 나와 있습니다. 같은 날 발행사는 세금 원천징수를 위해 7,379주(거래 코드 F)를 원천징수했으며 유효 가격은 $10.72로, 원천징수 후 실소유 주식은 130,171주로 남았습니다. RSU는 2026년 8월 31일부터 시작해 거의 동일한 3년 분할로 베스팅됩니다. 해당 양식은 신고인을 대신한 법정대리인이 서명했습니다.

Skeik Tarik, indiqué comme Chief Operating Officer de NextDecade Corp (NEXT), a déclaré des opérations le 29/08/2025 concernant des unités d'actions restreintes (RSU) et la retenue d'actions pour impôts. Le dépôt affiche l'attribution de 46 641 unités d'actions restreintes (code de transaction A) à 0 $, portant la détention bénéficiaire à 137 550 actions immédiatement après l'attribution. Le même jour, l'émetteur a retenu 7 379 actions (code F) pour satisfaire la retenue fiscale à un prix effectif de 10,72 $, laissant 130 171 actions détenues à titre bénéficiaire après la retenue. Les RSU seront acquises en trois versements annuels presque égaux à compter du 31 août 2026. Le formulaire est signé par un mandataire au nom de la personne déclarée.

Skeik Tarik, als Chief Operating Officer von NextDecade Corp (NEXT) benannt, meldete Transaktionen am 29.08.2025 im Zusammenhang mit eingeschränkten Aktieneinheiten (RSU) und der Einbehaltung von Aktien zur Steuerabführung. Die Einreichung zeigt die Gewährung von 46.641 Restricted Stock Units (Transaktionscode A) zu $0, wodurch der wirtschaftliche Besitz unmittelbar nach der Gewährung auf 137.550 Aktien anstieg. Am selben Tag behielt der Emittent 7.379 Aktien (Transaktionscode F) zur Erfüllung der Steuerabführung ein, zum effektiven Preis von $10,72, sodass nach der Einbehaltung 130.171 Aktien wirtschaftlich gehalten wurden. Die RSU werden in drei annähernd gleichen jährlichen Raten ab dem 31. August 2026 fällig. Das Formular ist von einem Bevollmächtigten im Namen der meldenden Person unterzeichnet.

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*
Skeik Tarik

(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)
Chief Operating Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/29/2025
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 08/29/2025 A 46,641(1) A $0 137,550 D
Common Stock 08/29/2025 F 7,379(2) D $10.72 130,171 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. 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, 2026.
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 29, 2025.
Remarks:
/s/ Vera de Gyarfas, Attorney-in-fact 09/03/2025
** 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 NEXT insider Skeik Tarik report on Form 4?

The report shows a grant of 46,641 restricted stock units and the withholding of 7,379 shares for taxes, resulting in 130,171 shares beneficially owned after the transactions.

When do the RSUs granted to the NEXT COO vest?

The restricted stock units vest in three near-equal annual installments beginning August 31, 2026.

Why were 7,379 shares disposed of in the Form 4 for NEXT?

The 7,379 shares were withheld by the issuer to satisfy tax withholding obligations in connection with the vesting of RSUs on August 29, 2025.

What price was reported for the shares withheld for taxes on the NEXT Form 4?

The withholding transaction is reported at an effective price of $10.72 per share.

Who signed the Form 4 for Skeik Tarik?

The Form 4 was signed by Vera de Gyarfas, attorney-in-fact on behalf of the reporting person, dated September 3, 2025.
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