Form 4: Hanwha Aerospace Boosts NextDecade Stake

Hanwha Aerospace Co., Ltd. increased its direct beneficial ownership in NextDecade Corp by purchasing additional common stock across three transactions in late November and early December 2025.

Summary

• Hanwha Aerospace Co., Ltd., a 10% owner and Director of NextDecade Corp, acquired additional common stock through open market purchases.
• Transactions occurred on November 28, 2025, December 1, 2025, and December 2, 2025.
• A total of 627,208 shares of common stock were purchased across the three dates.
• The weighted average purchase prices were $6.1189 on November 28, 2025, $6.0545 on December 1, 2025, and $5.9315 on December 2, 2025.
• Following these transactions, Hanwha Aerospace Co., Ltd.'s direct beneficial ownership in NextDecade Corp increased to 23,198,690 shares.
• The reporting person also indirectly beneficially owns 17,536,369 shares held directly by Hanwha Ocean LLC.

Sentiment

Score: 8

Explanation: The significant increase in direct beneficial ownership by a 10% owner and director, Hanwha Aerospace Co., Ltd., signals strong insider confidence in NextDecade Corp's future prospects and valuation.

Positives

• A significant shareholder and director, Hanwha Aerospace Co., Ltd., has increased its direct stake in NextDecade Corp, signaling strong confidence in the company's future prospects.
• The purchases were made at varying price points, indicating a strategic accumulation of shares.

Future Outlook

The filing does not provide any forward-looking statements or guidance regarding NextDecade Corp's future performance.

Industry Context

The filing, a Form 4, reports an insider transaction and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders may view the increased stake by a major investor and director as a positive signal of confidence in the company's long-term value and strategic direction.

Key Dates

Recommendation

The substantial increase in direct beneficial ownership by Hanwha Aerospace Co., Ltd., a 10% owner and director, indicates strong insider conviction in NextDecade Corp's future. Such significant buying by a strategic partner often precedes positive developments or reflects an undervalued position, making it a compelling signal for long-term investors.

Keywords

NextDecade Corp, NEXT, Hanwha Aerospace, insider buying, stock purchase, beneficial ownership, Form 4, equity acquisition