NextDecade Corp. Files 8-K: Director Changes & Compensation Updates
Ticker: NEXT · Form: 8-K · Filed: Jun 3, 2024 · CIK: 1612720
| Field | Detail |
|---|---|
| Company | Nextdecade CORP. (NEXT) |
| Form Type | 8-K |
| Filed Date | Jun 3, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, officer-compensation, director-changes
TL;DR
NextDecade's 8-K shows director changes and compensation updates; governance shifts underway.
AI Summary
NextDecade Corporation filed an 8-K on June 3, 2024, reporting on the departure of a director, election of a new director, and changes in officer compensation. The filing also covers the submission of matters to a vote of security holders and includes financial statements and exhibits. The company was formerly known as Harmony Merger Corp. until July 3, 2014.
Why It Matters
This filing provides crucial updates on corporate governance and executive compensation, which can impact investor confidence and the company's strategic direction.
Risk Assessment
Risk Level: low — The filing is a routine corporate disclosure and does not indicate any immediate financial distress or significant operational changes.
Key Players & Entities
- NextDecade Corporation (company) — Registrant
- Harmony Merger Corp. (company) — Former company name
- June 3, 2024 (date) — Date of report
- July 3, 2014 (date) — Date of name change
FAQ
Who departed from the board of directors?
The filing indicates the departure of a director, but the specific name is not detailed in the provided text.
Was a new director elected?
Yes, the filing states that a new director was elected.
What other items are covered in this 8-K filing?
The filing also covers the appointment of certain officers, changes in compensatory arrangements, submission of matters to a vote of security holders, and includes financial statements and exhibits.
When did NextDecade Corporation change its name from Harmony Merger Corp.?
The company changed its name from Harmony Merger Corp. on July 3, 2014.
What is NextDecade Corporation's principal executive office address?
The principal executive offices are located at 1000 Louisiana Street, Suite 3300, Houston, Texas 77002.
Filing Stats: 765 words · 3 min read · ~3 pages · Grade level 12.2 · Accepted 2024-06-03 16:36:12
Key Financial Figures
- $0.0001 — ge on which registered: Common Stock, $0.0001 par value NEXT The Nasdaq Stock Market
Filing Documents
- next-20240603.htm (8-K) — 44KB
- exhibit101.htm (EX-10.1) — 15KB
- next-20240603_g1.jpg (GRAPHIC) — 228KB
- 0001628280-24-026373.txt ( ) — 765KB
- next-20240603.xsd (EX-101.SCH) — 2KB
- next-20240603_lab.xml (EX-101.LAB) — 22KB
- next-20240603_pre.xml (EX-101.PRE) — 13KB
- next-20240603_htm.xml (XML) — 3KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. On June 3, 2024, the Company held its 2024 Annual Meeting of Stockholders (the " Annual Meeting "). The matters voted upon and the results of the voting at the Annual Meeting were as follows: Proposal 1 : The election of four Class A directors to serve on the Company's board of directors for terms until the 2027 Annual Meeting of Stockholders or until their successors are duly elected and qualified or until the earlier of their death, resignation or removal and one Class B director to serve on the Company's board of directors for a term until the 2025 Annual Meeting of Stockholders or until the earlier of his death, resignation or removal. Director Nominee For Against Abstain Broker Non-Votes Matthew Schatzman - Class A director 188,671,949 902,397 46,444 19,470,049 Thibaud de Prval - Class A director 189,246,212 275,331 99,247 19,470,049 Avinash Kripalani - Class A director 188,405,051 1,041,044 99,695 19,470,049 William Vrattos - Class A director 165,431,755 24,088,864 100,171 19,470,049 Timothy Wyatt - Class B director 189,467,069 92,426 61,295 19,470,049 Proposal 2 : Approval of an amendment to the NextDecade Corporation 2017 Omnibus Incentive Plan to increase the maximum number of shares available under such plan. For Against Abstain Broker Non-Votes 179,078,118 10,398,499 144,173 19,470,049 Proposal 3 : Advisory vote on the compensation of the Company's named executive officers. For Against Abstain Broker Non-Votes 181,260,426 8,209,927 150,437 19,470,049 Proposal 4 : Ratification of the appointment of KPMG LLP as the Company's independent registered public accountants and auditors for the fiscal year ending December 31, 2024. For Against Abstain Broker Non-Votes 208,955,154 82,409 53,277 0
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. 10.1 Amendment of the NextDecade Corporation 2017 Omnibus Incentive Compensation Plan 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: June 3, 2024 NEXTDECADE CORPORATION By: /s/ Vera de Gyarfas Name: Vera de Gyarfas Title: General Counsel