NextDecade (NEXT) CAO Luke Boylston Receives RSU Award; Withholds Shares

What Happened

• Luke Boylston, Chief Accounting Officer of NextDecade Corp (NEXT), was granted 23,872 restricted stock units (RSUs) on August 31, 2026 (reporting code A). Concurrently, 6,563 shares were surrendered/withheld to satisfy tax withholding obligations at a reported per-share value of $7.54, resulting in ~$49,485 in consideration (reporting code F).
• The grant is an award/acquisition (not an open‑market purchase). The share withholding is a routine disposition to cover taxes and does not necessarily indicate a change in investment view.

Key Details

• Transaction date(s): August 31, 2026; Filing date: September 2, 2026 (Form 4 accession 0002063872-26-000005).
• Grant: 23,872 RSUs @ $0.00 (acquired).
• Tax withholding/disposition: 6,563 shares @ $7.54 each = $49,485 (disposed).
• Shares owned after transaction: Not specified in the filing.
• Footnotes:
  • F1: The RSUs represent contingent rights to receive one share each; they vest in three near-equal annual installments beginning August 31, 2027.
  • F2: The 6,563 shares were withheld by the issuer to satisfy tax withholding obligations in connection with RSU vesting on August 31, 2026.
• Timeliness: Form 4 filed on 2026-09-02 for transactions dated 2026-08-31; filing appears to be within the standard Form 4 reporting window.

Context

• RSUs are a form of equity compensation that convert to shares if/when they vest; the grant is compensation rather than an outright purchase and by itself is limited evidence of insider sentiment.
• The withheld shares reflect a common, routine tax-withholding procedure (similar to a cashless exercise) and should not be read as a discretionary sale for liquidity or investment purposes.