NextDecade Corporation's SEC filings document the financing, governance and capital-structure records tied to its Rio Grande LNG development business. Recent 8-K reports describe material definitive agreements for Rio Grande LNG Train 4 and Train 5 subsidiaries, including common terms agreements, equity contribution agreements, credit agreements, collateral and intercreditor arrangements, secured debt instruments, notes and related security documents.
The filings also cover amended credit arrangements at a wholly owned indirect subsidiary, exchangeable loan features, officer employment and compensation agreements, chief financial officer transition disclosures, board appointments and annual proxy matters. Proxy materials include executive compensation, equity awards, director elections and shareholder meeting governance for the Nasdaq-listed common stock.
NextDecade Corp (NEXT) reported insider holdings via a Form 3. The reporting person serves as Interim CFO and is identified as an officer. The filing lists 468,694 shares of common stock held with direct (D) ownership.
The event date for this initial statement of beneficial ownership is 10/07/2025. This is a routine Section 16 disclosure establishing the officer’s baseline equity position.
NextDecade Corporation disclosed that its Chief Financial Officer, Brent Wahl, informed the company on October 6, 2025 that he will resign effective October 20, 2025. The company and Mr. Wahl intend to enter a consulting arrangement covering the period through December 31, 2025 to support a smooth transition. The company named Michael Mott, age 65, as interim principal financial officer while a search for a permanent CFO is conducted. Mr. Mott joined NextDecade in June 2021 and has served in several senior roles including Senior Vice President, Enterprise Transformation (appointed July 2024) and Senior Vice President, Carbon Solutions (since February 2022), and previously held CFO and senior finance roles at other energy companies.
Hanwha Aerospace Co., Ltd. reported insider purchases of NextDecade Corp (NEXT) common stock on 09/23/2025 and 09/24/2025. On 09/23/2025 Hanwha Aerospace bought 551,819 shares at a weighted average price of $6.9856, increasing reported direct beneficial ownership to 18,088,187 shares. On 09/24/2025 it purchased 449,510 shares at a weighted average price of $7.0193, raising reported direct ownership to 18,537,697 shares. The filing also shows 17,536,369 shares held indirectly by Hanwha Ocean LLC, which Hanwha Aerospace may be deemed to beneficially own. The reporting person disclaims beneficial ownership except to the extent of its pecuniary interest and notes potential group affiliation but disclaims membership.
Insider purchase disclosed on Form 4: Director Edward Andrew Scoggins Jr. reported buying 15,000 shares of NextDecade Corp (NEXT) on 09/18/2025 at a weighted-average price of $6.4557, representing purchases executed at prices ranging from $6.41 to $6.48. After these purchases the reporting person beneficially owns 200,070 shares directly.
The filing is a single-person Form 4 and is signed by the reporting person on 09/19/2025. The reporting person commits to provide, upon request, the breakdown of shares purchased at each price within the disclosed range.
NextDecade Corp (NEXT) director William C. Vrattos reported purchases and holdings in the company. On 09/17/2025 he acquired 100,000 common shares at a weighted-average price of $6.864 (purchases ranged from $6.82 to $6.89). After the reported transaction the filing shows Vrattos' indirect holdings include 1,029,812 shares held by CGW Holdings LLC and 306,551 shares held by CGW Holdings II LLC, plus 8,123 shares held in an IRA for his benefit. The form also discloses a disposition of 26,533 shares. Vrattos disclaims beneficial ownership of the LLC-held shares except to the extent of any pecuniary interest.
Bardin Hill Investment Partners LP and related Bardin Hill entities reported a purchase of 357,021 shares of NextDecade Corp (NEXT) on 09/16/2025 at a reported price of $6.9825 per share. After the transaction the reporting group beneficially owns 9,274,894 shares, held indirectly. The filing lists multiple Bardin Hill-related reporting persons and states that Exhibit 99.1 contains footnote details and Exhibit 99.2 contains joint filer information and signatures. The Form 4 was filed by a designated filer, Bardin Hill Investment Partners LP.
William C. Vrattos, a director of NextDecade Corp (NEXT), reported purchases of common stock on 09/12/2025 totaling 500,000 shares at a weighted-average price of $7.3124 per share. After the transactions the filing shows Mr. Vrattos (through entities and holdings) beneficially owns 929,812 shares directly or indirectly, plus additional indirect holdings of 306,551 shares via CGW Holdings II LLC and 8,123 shares held in an IRA. The filing notes purchases occurred across prices ranging from $7.16 to $7.40 and disclaims beneficial ownership of shares held by LLCs except to the extent of pecuniary interest.
Tarik Skeik, Chief Operating Officer of NextDecade Corp (NEXT), reported insider transactions on a Form 4 showing activity dated 09/09/2025. The filing discloses that 39,295 restricted stock units (RSUs) vested upon the company achieving a milestone-based performance criterion on that date and an additional 39,296 RSUs were earned and will vest in two equal annual installments beginning 09/09/2026. To satisfy tax-withholding obligations, the issuer withheld 9,569 shares at a reported price of $9.935, leaving the reporting person with 199,193 shares beneficially owned after the transactions.
NextDecade Corp director and General Counsel Vera de Gyarfas reported several insider transactions on Form 4 tied to the issuer's milestone achievement on September 9, 2025. Two grants of restricted stock units (RSUs) were recorded: 78,591 RSUs vested and 78,592 RSUs became earned (the latter will vest in two equal annual installments beginning September 9, 2026. The company withheld 30,926 shares to satisfy tax obligations at an indicated per-share value of $9.935. Reported beneficial ownership figures after these transactions are shown as 854,575, 823,649, and 902,241 shares on the respective reporting lines. The Form 4 is signed by the reporting person on September 11, 2025.
NextDecade Corp (NEXT) insider report: Brent Wahl, the companys Chief Financial Officer, reported multiple transactions on 09/09/2025 related to restricted stock units tied to a milestone-based performance target. Two grants of restricted stock units became vested/earned: one for 117,887 shares that vested upon the milestone and another for 117,888 shares that became earned and will vest in two equal annual installments beginning 09/09/2026. The issuer withheld 60,182 shares to satisfy tax withholding obligations arising from the vesting.
Following these transactions, Mr. Wahl beneficially owned 1,404,170 shares after the second acquisition entry. The Form 4 shows no derivative transactions and was signed by an attorney-in-fact on 09/11/2025.