Form 4: NextDecade Corp: Vera de Gyarfas Form 4 Filing
SEC Form 4
Vera de Gyarfas, General Counsel of NextDecade Corp, reports transactions involving common stock related to vesting of performance-based restricted stock units and tax withholding.
Summary
- Vera de Gyarfas, General Counsel of NextDecade Corp, filed a Form 4 on September 8, 2025.
- 11,154 shares of common stock were acquired on September 4, 2025, upon vesting of performance-based restricted stock units (PSUs) granted in October 2022.
- 4,390 shares of common stock were disposed of on September 4, 2025, to satisfy tax withholding obligations related to the vesting of restricted stock units.
- Following the reported transactions, de Gyarfas beneficially owns 775,984 shares of NextDecade Corp common stock.
Sentiment
Score: 5
Explanation: The filing is neutral, reporting routine transactions related to equity compensation and tax obligations.
Positives
- Vesting of performance-based restricted stock units indicates achievement of certain performance conditions set by the company.
- Partial achievement of the performance condition was certified by the Compensation Committee of the Registrant, resulting in the issuance of 11,154 shares.
Negatives
- 4,390 shares were withheld to cover tax obligations, reducing the net gain from the vesting of restricted stock units.
Future Outlook
The filing does not contain any specific forward-looking statements or guidance.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and equity compensation, common in publicly traded companies. It provides transparency regarding the holdings and transactions of company executives.
Stakeholder Impact
- Shareholders: Provides transparency regarding executive compensation and ownership.
- Employees: Demonstrates the vesting of equity awards based on performance.
Key Dates
| Date | Description |
|---|---|
| October 2022 | Performance-based restricted stock units (PSUs) were granted. |
| August 31, 2025 | Continued employment through this date was a condition for PSU vesting. |
| 09/04/2025 | Date of transaction: shares issued upon vesting of PSUs and shares withheld for tax obligations. |
| 09/08/2025 | Date of Form 4 filing. |
Keywords
Form 4, Insider Trading, Vera de Gyarfas, NextDecade Corp, NEXT, General Counsel, Performance-Based Restricted Stock Units, PSUs, Common Stock, Beneficial Ownership
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