{"url_path":"/sec/next/8-k/2026-06-03/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-03","source_url":"https://www.sec.gov/Archives/edgar/data/1612720/0001612720-26-000036-index.html","accession_number":"0001612720-26-000036","cik":"0001612720","ticker":"NEXT","issuer_name":"NextDecade Corp","edgar_url":"https://www.sec.gov/Archives/edgar/data/1612720/0001612720-26-000036-index.html","primary_entity_key":"0001612720","primary_entity_name":"NextDecade Corp"},"word_count":523,"has_tables":true,"body_markdown":"Item 5.02    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.\n\nAppointment of Chief Financial Officer\n\nOn June 3, 2026, NextDecade Corporation (the “Company”) announced the appointment of John Zuklic as the Chief Financial Officer of the Company, effective July 6, 2026.\n\nMr. Zuklic, age 59, brings significant expertise after more than 30 years in the energy industry, including senior finance roles in capital-intensive businesses. His experience includes financial strategy, capital structuring, treasury, corporate finance, stakeholder engagement, building and transforming organizations, and strengthening governance and risk oversight.\n\nMr. Zuklic joins the Company from Citgo Petroleum Corporation (“CITGO”), where he held the position of Vice President and Chief Financial Officer since 2020. At CITGO, he led the finance organization and was responsible for setting and executing financial strategy, recapitalizing the company, and building functions to strengthen forecasting, governance, and decision support. Before his tenure at CITGO, Zuklic spent much of his career at Phillips 66 and its predecessor, ConocoPhillips. During his time at these companies, he progressed through various roles of increasing scope across treasury, corporate finance, risk management, and enterprise transformation. Following the spinoff of Phillips 66 from ConocoPhillips, Zuklic served as Vice President and Treasurer, leading global treasury operations, managing substantial investment and insurance portfolios, and executing enterprise-wide financing initiatives. Later, he served as Vice President of ERP Transformation, where he oversaw the implementation of a next-generation enterprise resource planning system. Mr. Zuklic holds a Master’s degree in Business Administration from the University of Texas and a Bachelor of Science degree in Mechanical Engineering from the Colorado School of Mines.\n\nIn connection with his appointment as Chief Financial Officer of the Company, Mr. Zuklic’s compensation package includes: (1) an annual base salary of $600,000; (2) eligibility for an annual discretionary bonus with a target of 100% of his annual base salary; and (3) an annual long-term incentive award with a value of $2,100,000 under the Company’s 2017 Omnibus Incentive Plan, as amended, which award may be subject to any performance criteria established by the Compensation Committee of the Board of Directors of the Company at the time of grant. There is no written employment agreement with Mr. Zuklic and his employment is “at will.”\n\nThe appointment of Mr. Zuklic to serve as Chief Financial Officer of the Company was not made pursuant to any arrangement or understanding with respect to any other person. In addition, there are no family relationships between Mr. Zuklic and any director or other executive officer of the Company. Mr. Zuklic has no direct or indirect material interest in any transactions required to be disclosed pursuant to Item 404(a) of Regulation S-K.\n\nAmendment to Omnibus Incentive Compensation Plan\n\nAs discussed in Item 5.07 below, on June 3, 2026, the stockholders of the Company approved an amendment (the “Amendment”) to the Company's 2017 Omnibus Incentive Compensation Plan to increase the maximum number of shares available under such plan by an additional five million shares. A copy of the Amendment is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated in this Item 5.02 by reference."}