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NASDAQ: NEXT NextDecade Corp 8-K

NextDecade appoints John Zuklic as CFO, shareholders approve 5M share equity plan expansion

Filed June 3, 2026 · Period ending June 3, 2026 · ~1 min read

4 key changes 1 high relevance 2 sections

Key Changes

  • high

    John Zuklic appointed CFO effective July 6, 2026, with $600K base salary, 100% target bonus, and $2.1M annual equity awards. Brings 30+ years energy industry experience from Citgo, Phillips 66, and ConocoPhillips.

    Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
  • medium

    Shareholders approved 5M share increase to 2017 equity compensation plan with 86.4% support (170.9M for, 26.9M against), expanding management's stock-based compensation capacity.

    Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR →
  • medium

    Director Matthew Bonanno re-elected with 73.9% support (145.6M for, 449K against, 51.9M abstain), reflecting 26% opposition among votes cast. Other five directors received 88-99% support.

    Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR →
  • low

    Say-on-pay vote passed with 83.3% support (164.8M for, 33.0M against), with 16.7% opposition. KPMG ratified as auditor with 99.8% support.

    Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR →

Summary

NextDecade announced the appointment of John Zuklic as Chief Financial Officer effective July 6, 2026. Zuklic brings over 30 years of energy industry experience, most recently serving as VP and CFO of Citgo Petroleum since 2020, with prior senior finance roles at Phillips 66 and ConocoPhillips.

His compensation package totals $3.3 million in target annual value: $600,000 base salary, a 100% target bonus, and $2.1 million in annual equity awards. At the company's annual meeting, shareholders approved a 5 million share expansion to the 2017 equity compensation plan with 86.4% support, increasing the pool available for employee and executive grants.

All six director nominees were elected, though Matthew Bonanno received notably lower support at 73.9% compared to the other five directors who received 88-99% approval. The say-on-pay vote passed with 83.3% support, and KPMG was ratified as auditor with 99.8% approval. The CFO appointment strengthens NextDecade's finance leadership as the company continues developing its LNG export business.

Section-by-Section Diff

Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation

~600 words

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation filed; see Key Changes for terms.

2 Added
Added CFO appointment high

Added in current filing · verify on EDGAR →

On 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.

NextDecade appointed John Zuklic, age 59, as Chief Financial Officer effective July 6, 2026. Zuklic brings over 30 years of energy industry experience, most recently serving as VP and CFO of Citgo Petroleum Corporation since 2020, and previously holding senior finance roles at Phillips 66 and ConocoPhillips including VP and Treasurer.

Added CFO compensation medium

Added in current filing · verify on EDGAR →

In 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.

The new CFO's compensation includes a $600,000 base salary, a target annual bonus of 100% of base salary ($600,000), and annual long-term incentive awards valued at $2,100,000. Total target compensation is $3.3 million annually. The employment is at-will with no written employment agreement.

Event · Item 5.07 — Submission of Matters to a Vote of Security Holders

~400 words

NextDecade held its 2026 annual meeting, electing six directors and approving a 5M share increase to its equity compensation plan.

2 Added
Added Director elections medium

Added in current filing · verify on EDGAR →

Pamela Beall - Class B director 168,472,85522,494,4296,967,19033,166,278

In Kyu Park - Class B director 190,687,163264,2566,983,05533,166,278

Matthew Bonanno - Class C director 145,611,322449,30051,873,85233,166,278

Charles Q. Brown, Jr. - Class C director 190,715,031251,8416,967,60233,166,278

Diana Sands - Class C director 168,394,73122,579,8966,959,84733,166,278

David Stover - Class C director 190,747,334210,1376,977,00333,166,278

All six director nominees were elected. Class B directors Pamela Beall and In Kyu Park received 88.2% and 99.6% support respectively. Class C directors Matthew Bonanno, Charles Q. Brown Jr., Diana Sands, and David Stover received 73.9%, 99.7%, 88.1%, and 99.7% support respectively. The notably lower support for Bonanno (73.9%) reflects opposition from approximately 26% of votes cast.

Show 1 minor / wording change
Added Auditor ratification low

Added in current filing · view on EDGAR →

For | Against | Abstain | Broker Non-Votes | 230,582,163402,897115,6920

Shareholders ratified KPMG LLP as the independent auditor for fiscal year 2026 with 99.8% support (230,582,163 for vs. 402,897 against). This is a routine outcome indicating no shareholder concerns about the auditor relationship.

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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 23, 2026 · How we verify