NextDecade CEO Matthew Schatzman Receives RSU Award; Shares Withheld

What Happened

• Matthew K. Schatzman, CEO of NextDecade Corp (NEXT), received an award of 464,190 restricted stock units (RSUs) on August 31, 2026 (no cash paid for the grant). On the same date, 135,928 shares were withheld by the issuer to satisfy tax withholding obligations related to RSU vesting, a disposition valued at $7.54 per share for a total of $1,024,897.

Key Details

• Transaction dates: August 31, 2026 (period of report); Form 4 filed September 2, 2026 (accession 0001716751-26-000005).
• Grant: 464,190 RSUs, reported as acquisition (A) at $0.00.
• Withholding: 135,928 shares withheld (code F) at $7.54/share — total withheld value $1,024,897.
• Shares owned after the transactions: not specified in the provided filing details.
• Footnotes: F1—each RSU represents a contingent right to one share; the new RSUs vest in three near-equal annual installments beginning August 31, 2027. F2—shares withheld to satisfy tax withholding in connection with RSU vesting on August 31, 2026.
• Filing timeliness: Form 4 filed two days after the transaction date; no late-filing indication in the data provided.

Context

• The 464,190 RSUs are a grant (an acquisition of a contingent right to future shares), not an open-market purchase. The 135,928-share "disposition" is an issuer withholding to cover taxes (routine), not a public sale. For retail investors, RSU grants signal executive compensation alignment but are not the same as the insider buying stock in the market.