NextDecade Board Sees New Chairman and Director

Ticker: NEXT · Form: 8-K · Filed: 2025-07-31T00:00:00.000Z

Sentiment: neutral

Topics: board-changes, leadership, governance

TL;DR

NextDecade board shakeup: David Lee is new Chairman, Chris Smith joins as Director.

AI Summary

NextDecade Corporation announced on July 29, 2025, a change in its Board of Directors. Specifically, David R. Lee has been appointed as the new Chairman of the Board, and Christopher A. Smith has been appointed as a new Class III Director. These appointments are effective immediately.

Why It Matters

Changes in board leadership can signal shifts in strategic direction or governance, potentially impacting investor confidence and company operations.

Risk Assessment

Risk Level: low — The filing reports routine board changes, which typically carry low immediate risk.

Key Players & Entities

FAQ

Who has been appointed as the new Chairman of the Board of Directors for NextDecade Corporation?

David R. Lee has been appointed as the new Chairman of the Board.

Who is the new Class III Director appointed to NextDecade's Board?

Christopher A. Smith has been appointed as a new Class III Director.

What is the effective date of these board changes?

The changes are effective immediately as of July 29, 2025.

What specific item of Form 8-K does this filing relate to?

This filing relates to the Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

In which state was NextDecade Corporation incorporated?

NextDecade Corporation was incorporated in Delaware.

From the Filing

0001628280-25-036863.txt : 20250731 0001628280-25-036863.hdr.sgml : 20250731 20250731090328 ACCESSION NUMBER: 0001628280-25-036863 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20250729 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20250731 DATE AS OF CHANGE: 20250731 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 EIN: 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: 251169681 BUSINESS ADDRESS: STREET 1: 1000 LOUISIANA STREET STREET 2: SUITE 3300 CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 7135741880 MAIL ADDRESS: STREET 1: 1000 LOUISIANA STREET STREET 2: SUITE 3300 CITY: HOUSTON STATE: TX ZIP: 77002 FORMER COMPANY: FORMER CONFORMED NAME: NextDecade Corp. DATE OF NAME CHANGE: 20170726 FORMER COMPANY: FORMER CONFORMED NAME: Harmony Merger Corp. DATE OF NAME CHANGE: 20140703 8-K 1 next-20250729.htm 8-K next-20250729 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): July 29, 2025 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 July 29, 2025, the Board of Directors (the “ Board ”) of NextDecade Corporation (the “ Company ”) approved increasing the size of the Board to twelve members, and in connection therewith, appointed Pamela Beall as a Class A director of the Board, In Kyu Park as a Class B director of the Board to fill the vacancy created by Timothy Wyatt’s resignation from the Board, and Diana Sands as a Class C director of the Board. Each will serve

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