NextDecade Corp. Files 8-K: Board & Executive Compensation Changes
Ticker: NEXT · Form: 8-K · Filed: Jul 22, 2024 · CIK: 1612720
| Field | Detail |
|---|---|
| Company | Nextdecade CORP. (NEXT) |
| Form Type | 8-K |
| Filed Date | Jul 22, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001, $50 billion, $450,000, $1,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, executive-compensation, board-changes
TL;DR
NextDecade board shakeup & exec pay changes filed. 7/22/24.
AI Summary
On July 22, 2024, NextDecade Corporation filed an 8-K report detailing changes in its board of directors and executive compensation. The filing includes the election of new directors and updates to compensatory arrangements for certain officers, effective as of July 22, 2024.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in board and executive compensation can indicate internal shifts that may affect company direction and performance.
Key Numbers
- 001-36842 — SEC File Number (Identifies the company's filing with the SEC.)
- 46-5723951 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- NextDecade Corporation (company) — Registrant
- July 22, 2024 (date) — Date of Report
- Delaware (jurisdiction) — State of Incorporation
- Houston, Texas (location) — Principal Executive Offices
- Harmony Merger Corp. (company) — Former Company Name
FAQ
What specific changes were made to the board of directors?
The filing indicates the election of directors and potential departures, but specific names of new or departing directors are not detailed in the provided excerpt.
What are the key details of the compensatory arrangements for certain officers?
The filing mentions updates to compensatory arrangements for certain officers, but the specific details of these arrangements are not provided in this excerpt.
What is the significance of the 'Regulation FD Disclosure' item?
This item indicates that the filing includes disclosures made to comply with Regulation Fair Disclosure, ensuring that material information is broadly disseminated.
When did NextDecade Corporation change its name from Harmony Merger Corp.?
The date of the name change from Harmony Merger Corp. to NextDecade Corporation was July 3, 2014.
What is NextDecade Corporation's primary business sector?
NextDecade Corporation is in the NATURAL GAS TRANSMISSION & DISTRIBUTION sector, SIC code 4923.
Filing Stats: 873 words · 3 min read · ~3 pages · Grade level 10.6 · Accepted 2024-07-22 16:39:47
Key Financial Figures
- $0.0001 — ge on which registered: Common Stock, $0.0001 par value NEXT The Nasdaq Stock Market
- $50 billion — rtup of six greenfield assets exceeding $50 billion in investments. His experience includes
- $450,000 — includes: (1) an annual base salary of $450,000; (2) eligibility for an annual discreti
- $1,000,000 — ng-term incentive award with a value of $1,000,000 under the Company's 2017 Omnibus Incent
Filing Documents
- next-20240722.htm (8-K) — 31KB
- a20240722skeikapointmentvf.htm (EX-99.1) — 9KB
- next-20240722_g1.jpg (GRAPHIC) — 228KB
- 0001628280-24-032489.txt ( ) — 747KB
- next-20240722.xsd (EX-101.SCH) — 2KB
- next-20240722_lab.xml (EX-101.LAB) — 22KB
- next-20240722_pre.xml (EX-101.PRE) — 13KB
- next-20240722_htm.xml (XML) — 3KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. The information in this Item 7.01 of this Current Report is being furnished pursuant to Item 7.01 of Form 8-K and, according to general instruction B.2. thereunder, the information in this Item 7.01 of this Current Report shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities of that Section. The information in this Item 7.01 of this Current Report shall not be incorporated by reference into any registration statement pursuant to the Securities Act or the Exchange Act. On July 22, 2024, the Company issued a press release regarding Mr. Skeik's appointment as Chief Operating Officer of the Company. A copy of the press release is attached hereto as Exhibit 99.1.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. 99 .1 Press Release issued by the Company on July 22 , 2024. 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: July 22, 2024 NEXTDECADE CORPORATION By: /s/ Vera de Gyarfas Name: Vera de Gyarfas Title: General Counsel