Form 4: NextDecade Corp. Executive Garcia Eric Reports Tax Withholding 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 August 2, 2024, Eric Garcia, SVP, Chief Accounting Officer of NextDecade Corp., disposed of 2,191 shares of common stock.
- The shares were disposed of to satisfy tax withholding obligations related to the vesting of restricted stock units.
- The transaction was executed at a price of $8.3 per share.
- Following the transaction, Garcia directly owns 372,472 shares of NextDecade Corp.
- The transaction was reported on August 6, 2024.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction related to tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax obligation fulfillment related to equity compensation.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax-related stock disposal.
Key Dates
| Date | Description |
|---|---|
| 08/02/2024 | Date of transaction: Disposition of shares to cover tax obligations. |
| 08/06/2024 | Date of report filing. |
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