Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On September 29, 2026, NextDecade Corporation (the “Company”) received a letter from Mr. Giovanni Oddo indicating that he was resigning from the Company's Board of Directors (the “Board”), effective immediately. Mr.…
Filed Oct 1, 2026Accepted Oct 1, 2026, 4:26 PM EDTCIK 1612720Accession 0001612720-26-000055
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Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On September 29, 2026, NextDecade Corporation (the “Company”) received a letter from Mr. Giovanni Oddo indicating that he was resigning from the Company's Board of Directors (the “Board”), effective immediately. Mr. Oddo was initially appointed to the Board in May 2022 pursuant to that certain Purchaser Rights Agreement between the Company and Ninteenth Investment Company LLC (“NIC”), an affiliate of Mubadala Investment Company, dated as of October 28, 2019 (the “Purchaser Rights Agreement”). Mr. Oddo indicated that his resignation was not due to any disagreements with the Company on any matter relating to the Company’s operations, policies or practices.
Under the terms of the Purchaser Rights Agreement, NIC has the right to designate a replacement for Mr. Oddo on the Company's Board.