Vrattos William C 4

What Happened
William C. Vrattos, a director of NextDecade Corp (NEXT), received a grant of 51,984 restricted common shares on January 30, 2026. The shares were reported at a $0 acquisition price (code A — award/grant). The award will vest on January 31, 2027 per the filing; no cash purchase or sale occurred.

Key Details

• Transaction date: 2026-01-30; Form 4 filed: 2026-02-03 (filed within the two-business-day reporting window).
• Amount: 51,984 restricted shares; reported acquisition price: $0.00.
• Vesting: Shares vest on January 31, 2027 (Footnote F1).
• Shares owned after transaction: Not specified in the provided filing data.
• Other footnotes: F2 notes some shares are held by an IRA custodian for Vrattos; F3 states the reporting person co-controls an LLC with spouse and disclaims beneficial ownership of those LLC-held shares for Section 16 purposes.
• No 10b5-1 plan, tax-withholding, or immediate sale reported.

Context
This is a restricted stock award (an acquisition by grant), common for directors as compensation. Because the shares vest in the future, they are not immediately tradable and do not represent an open-market purchase or sale. Grants are routine corporate compensation and should be viewed separately from insider open-market buying or selling.