Form 4: NextDecade Corp. Executive Eric Garcia Reports Stock Transaction
SEC Form 4 Filing
Eric Garcia, SVP and Chief Accounting Officer of NextDecade Corp., reports disposition of shares to cover tax obligations related to vesting of restricted stock units.
Summary
- On July 12, 2024, Eric Garcia, the SVP and Chief Accounting Officer of NextDecade Corp., disposed of 19,688 shares of common stock to satisfy tax withholding obligations.
- The shares were sold at a price of $8.01 per share.
- Following the transaction, Garcia directly owns 374,663 shares of NextDecade Corp.
- The transaction was related to the vesting of restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a routine transaction. It doesn't indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates that an executive disposed of shares to cover tax obligations, which is a common practice.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 07/12/2024 | Date of stock transaction (disposal of shares to cover tax obligations). |
| 07/16/2024 | Date of signature on the Form 4 filing. |
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