Schatzman Matthew K 4
Research Summary
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NextDecade CEO Matthew K. Schatzman Withholds 266,531 Shares for Taxes
What Happened Matthew K. Schatzman, CEO of NextDecade Corp (NEXT), had 266,531 shares of common stock withheld by the company to satisfy tax withholding obligations tied to the vesting of restricted stock units. The shares were valued at $7.99 each, for a total value of approximately $2,129,583. This was a tax-withholding disposition (transaction code F), not an open-market sale.
Key Details
- Transaction date: July 10, 2026
- Price per share: $7.99
- Shares withheld/disposed: 266,531 — total value ~$2,129,583
- Transaction code: F (shares withheld to satisfy tax withholding on RSU vesting)
- Footnote: F1 confirms the shares were withheld by the issuer to satisfy tax obligations related to RSU vesting on July 10, 2026.
- Shares owned after the transaction: not specified in the filing.
- Filing date: July 13, 2026 — filed within the normal Form 4 reporting window (timely).
Context This was a routine company withholding to cover taxes on vested RSUs (cashless withholding), not an intentional market sale by the insider. Such withholdings are common and generally reflect standard tax administration rather than a signal about the executive’s view of the stock.