Form 4: NextDecade Corp. CEO Matthew Schatzman Reports Stock Transaction
SEC Form 4 Filing
CEO Matthew Schatzman of NextDecade Corp. reports disposition of shares to cover tax obligations related to vesting of restricted stock units.
Summary
- On July 12, 2024, Matthew K Schatzman, CEO of NextDecade Corp., disposed of 266,531 shares of common stock to satisfy tax withholding obligations related to the vesting of restricted stock units.
- The shares were disposed of at a price of $8.01 per share.
- Following the transaction, Schatzman directly owns 4,490,996 shares of NextDecade Corp.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting insider transactions and are required by the SEC to ensure transparency in the market.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the CEO's personal tax obligations and does not indicate a change in the company's fundamentals.
Key Dates
| Date | Description |
|---|---|
| 07/12/2024 | Date of stock transaction and vesting of restricted stock units |
| 07/16/2024 | Date of signature by Attorney-in-fact |
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