NextDecade (NEXT) General Counsel Vera de Gyarfas Receives RSU Award
$NEXT · NextDecade CorpResearch Summary
AI-generated summary of this SEC filing
NextDecade (NEXT) General Counsel Vera de Gyarfas Receives RSU Award
What Happened
Vera de Gyarfas, General Counsel of NextDecade Corp (NEXT), was granted 132,625 restricted stock units (RSUs) on August 31, 2026 (award, code A) with a reported acquisition price of $0.00. Concurrently, 30,378 shares were withheld by the issuer to satisfy tax withholding obligations (disposition, code F) at $7.54 per share, totaling roughly $229,050. The award is a compensation grant (acquisition of contingent rights to shares); the withholding is a routine tax-related disposition, not an open-market sale.
Key Details
- Transaction date: 2026-08-31 (award and tax withholding).
- Award: 132,625 RSUs @ $0.00 (contingent right to one share per RSU).
- Withheld/disposed: 30,378 shares @ $7.54 = ~$229,050 to cover taxes.
- Shares owned after transaction: not specified in the provided filing details.
- Footnotes from the filing:
- F1: RSUs represent contingent rights to one share each; vest in three near-equal annual installments beginning August 31, 2027.
- F2: The 30,378 shares were withheld by the issuer to satisfy tax withholding in connection with vesting of RSUs on August 31, 2026.
- Filing timeliness: no late filing indicator provided in the supplied data.
Context
RSU grants are compensation and convey a contingent right to future shares subject to vesting; they are different from open-market purchases/sales. The withheld shares are a common, routine method to cover tax obligations and do not necessarily signal a voluntary sale of stock. Transaction codes: A = Award/Grant; F = Tax withholding/disposition.