Matthew K. Schatzman, Chief Executive Officer and Director of NextDecade Corp, filed a Form 4 on September 11, 2026, disclosing a transaction dated September 9, 2026, involving the withholding of common stock shares to cover tax obligations related to vesting restricted stock units.

Key Highlights

  • Reporting person: Matthew K. Schatzman, serving as Chief Executive Officer and Director of NextDecade Corp (NASDAQ:NEXT).
  • Shares withheld: 69,583 shares of common stock were withheld by the issuer on September 9, 2026, to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
  • Price per share: The transaction price was $7.54 per share, per the filing.
  • Transaction code: The disposition was recorded under transaction code F, indicating shares withheld for taxes.
  • Beneficial ownership following transaction: Schatzman directly held 5,319,526 shares of common stock following the reported transaction.
  • PSU forfeiture noted: According to the filing, the reported amount reflects shares underlying PSUs that were forfeited for no consideration and were exempt from reporting pursuant to Rule 16a-4(d).

NextDecade CEO's RSU Tax Withholding Transaction on September 9, 2026

According to the Form 4 filed with the U.S. Securities and Exchange Commission, Matthew K. Schatzman, Chief Executive Officer and Director of NextDecade Corp (NASDAQ:NEXT), reported a single non-derivative transaction dated September 9, 2026. The filing indicates that 69,583 shares of common stock were withheld by the issuer at a price of $7.54 per share to satisfy tax withholding obligations arising from the vesting of restricted stock units on that date.

The transaction was recorded under transaction code F, which the SEC uses to denote shares withheld for tax obligations rather than an open-market sale. Following the transaction, the filing reports that Schatzman directly beneficially owned 5,319,526 shares of NextDecade Corp common stock. The form was signed by Vera de Gyarfas as attorney-in-fact and filed on September 11, 2026.

The filing also includes a footnote stating that the beneficial ownership amount "reflects shares underlying PSUs that were forfeited for no consideration and were exempt from reporting pursuant to Rule 16a-4(d)." No derivative securities transactions were reported in Table II of the filing.

What Was Disclosed

The Form 4 discloses that 69,583 shares of NextDecade Corp common stock were withheld from CEO Matthew K. Schatzman on September 9, 2026, at $7.54 per share, to cover tax obligations tied to RSU vesting, leaving him with 5,319,526 directly held shares.