NextDecade Corp. Files 8-K on Director and Officer Changes

Ticker: NEXT · Form: 8-K · Filed: 2024-10-17T00:00:00.000Z

Sentiment: neutral

Topics: director-change, executive-compensation, governance

TL;DR

NextDecade board shakeup and comp changes filed. Watch for new exec strategy.

AI Summary

On October 17, 2024, NextDecade Corporation filed an 8-K report detailing changes in its board of directors and executive compensation arrangements. The filing indicates the election of new directors and potential adjustments to compensatory plans for its officers.

Why It Matters

Changes in a company's board and executive compensation can signal shifts in strategy, governance, or financial outlook, impacting investor confidence and future performance.

Risk Assessment

Risk Level: medium — Changes in directorship and executive compensation can indicate internal shifts that may affect company strategy and performance.

Key Numbers

Key Players & Entities

FAQ

What specific changes were made to the board of directors?

The filing indicates the election of directors, but the specific names and details of the changes are not provided in the summary information.

What are the details of the compensatory arrangements for certain officers?

The filing mentions compensatory arrangements of certain officers as an item reported, but the specific details of these arrangements are not elaborated in the provided text.

When was NextDecade Corporation incorporated?

NextDecade Corporation was incorporated in Delaware.

What was the former name of NextDecade Corporation?

The former name of NextDecade Corporation was Harmony Merger Corp.

What is the primary business of NextDecade Corporation?

NextDecade Corporation is in the NATURAL GAS TRANSMISSION & DISTRIBUTION industry.

From the Filing

0001628280-24-043038.txt : 20241017 0001628280-24-043038.hdr.sgml : 20241017 20241017163256 ACCESSION NUMBER: 0001628280-24-043038 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20241017 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20241017 DATE AS OF CHANGE: 20241017 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NextDecade Corp. CENTRAL INDEX KEY: 0001612720 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION & DISTRIBUTION [4923] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 465723951 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36842 FILM NUMBER: 241377988 BUSINESS ADDRESS: STREET 1: 1000 LOUISIANA STREET STREET 2: SUITE 3900 CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 7135741880 MAIL ADDRESS: STREET 1: 1000 LOUISIANA STREET STREET 2: SUITE 3900 CITY: HOUSTON STATE: TX ZIP: 77002 FORMER COMPANY: FORMER CONFORMED NAME: Harmony Merger Corp. DATE OF NAME CHANGE: 20140703 8-K 1 next-20241017.htm 8-K next-20241017 FALSE 0001612720 0001612720 2024-06-03 2024-06-03 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): October 17, 2024 NEXTDECADE CORPORATION (Exact Name of Registrant as Specified in Charter) Delaware 001-36842 46-5723951 (State or other jurisdiction of incorporation or organization) (Commission File Number) (I.R.S. Employer Identification No.) 1000 Louisiana Street , Suite 3300 Houston , Texas 77002 (Address of principal executive offices) (Zip code) Registrant’s telephone number, including area code: ( 713 ) 574-1880 (Former Name or Former Address, if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e 4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class: Trading Symbol Name of each exchange on which registered: Common Stock, $0.0001 par value NEXT The Nasdaq Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company o If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On October 16, 2024, pursuant to the terms of that certain Purchaser Rights Agreement, dated as of June 14, 2023, (the “ Purchaser Rights Agreement ”) by and between NextDecade Corporation (the “ Company ”) and Global LNG North America Corp., the Board of Directors (the “ Board ”) of the Company appointed Arnaud Lenail-Chouteau as a Class A director of the Board. Mr. Lenail-Chouteau will serve as a Class A director until the Company's 2025 annual meeting of stockholders or until his successor is duly el

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