Form 4: NextDecade CEO Matthew Schatzman Reports Routine Stock Disposition for Tax Obligations

NextDecade Corp's Chief Executive Officer, Matthew K. Schatzman, reported the disposition of 266,531 shares of common stock at $10.77 per share to cover tax withholding obligations related to the vesting of restricted stock units.

Summary

• Matthew K. Schatzman, Chief Executive Officer and Director of NextDecade Corp, reported a transaction on July 11, 2025.
• The transaction involved the disposition of 266,531 shares of NextDecade common stock.
• The shares were disposed of at a price of $10.77 per share.
• This disposition was for the purpose of satisfying tax withholding obligations associated with the vesting of restricted stock units.
• Following this transaction, Matthew K. Schatzman beneficially owns 4,515,271 shares of NextDecade common stock directly.

Sentiment

Score: 5

Explanation: The transaction is a routine administrative event (tax withholding on RSU vesting) and does not indicate positive or negative sentiment regarding the company's performance or outlook.

Positives

• This type of transaction is a standard administrative event and does not inherently convey positive or negative sentiment about the company's performance or outlook. It indicates the vesting of equity compensation, which is generally a positive for the executive.

Negatives

• This is a routine tax withholding event and does not inherently convey negative sentiment. It is not a discretionary sale by the executive.

Future Outlook

NA

Industry Context

This is a routine insider transaction for tax purposes, common across all industries when equity compensation vests. It does not provide specific insights into the broader energy or LNG industry trends.

Stakeholder Impact

• Shareholders: Minimal direct impact. This is a routine administrative transaction related to executive compensation.
• Employees, Customers, Suppliers, Creditors: No direct impact.

Key Dates

Keywords

NextDecade, NEXT, Matthew K. Schatzman, CEO, Director, Form 4, insider transaction, stock disposition, tax withholding, restricted stock units, RSU vesting, equity compensation