Highest-materiality recent filing
NextDecade amends CEO employment agreement with new $1M base salary and enhanced severance
Matt Schatzman's amended contract runs through April 15, 2029 with automatic one-year renewals.
NextDecade subsidiary amends credit agreement; adds $50M Series A loan at 8% exchangeable at $9.50
Incremental $50M Series A term loan + recharacterized $50M = $100M at 8%, quarterly PIK optional.
NextDecade closes $5.7B+ financing for Rio Grande LNG Train 5
RG5 secured $3.589B construction/term loan and $500M 6.56% senior secured notes due 2050.
Brent Wahl resigns as CFO of NextDecade; Michael Mott named interim CFO
CFO Brent Wahl resigns effective Oct 20, 2025 to pursue digital infrastructure opportunity; no disagreement with company.
NextDecade reaches FID on Train 4, secures $3.847B construction loan and JV partners
FID for Train 4 of Rio Grande LNG; secured $3.847B T4 Credit Agreement for construction.
NextDecade secures $3B equity commitments for Rio Grande LNG Train 4 with TotalEnergies and GIP
TotalEnergies commits $0.3B for 10% equity; financial investor commits $1.5B for 50% (drops to 30%); NextDecade commits $1.2B for 40% (rises to 60%).
NextDecade appoints three new directors; board expands to 12 members
Pamela Beall (former MPC EVP & CFO) named Class A director; serves on Audit, Construction/Operations, and Finance Committees.
NextDecade director Timothy Wyatt resigns from board; replacement to be named by Hanwha
Timothy Wyatt resigned from the Board effective June 13, 2025.
NextDecade signs Train 5 EPC with Bechtel for $4.32B, amends Train 4 EPC to $4.768B
Amended Train 4 EPC contract price: $4.768B (incl. ~€278M); new Train 5 EPC price: $4.320B (incl. ~€262M).
NextDecade shareholders OK 5M share increase to 2017 equity plan
Stockholders approved amendment adding 5M shares to the 2017 Omnibus Incentive Plan reserve.
On June 13, 2025, NextDecade Corporation (the “Company”) received a letter from Mr. Timothy Wyatt indicating that he was resigning from the Company's Board of Directors (the “Board”), effective immediately.
Max materiality 0.85 · Median 0.60 · Most common event leadership