Van Asdalan Kevin A 4

What Happened

• Kevin A. Van Asdalan, Chief Financial Officer of Montauk Renewables, was granted 302,982 restricted stock units (RSUs) on 2026-05-20. The grant is reported at $0.00 per RSU (total reported cash value $0). Each RSU is settled solely for one share of common stock when vested.
• This is an award (not a purchase or sale). RSUs are compensation that convert to shares only upon vesting, so this does not represent an immediate open-market buy.

Key Details

• Transaction date: 2026-05-20; Form 4 filed: 2026-05-22 (timely filing).
• Grant: 302,982 RSUs at $0.00 per unit; total reported cash consideration $0.
• Vesting: RSUs vest ratably on the third, fourth and fifth anniversaries of the grant date (per footnote).
• Settlement: Each RSU is settled for one share of common stock when vested (per footnote).
• Shares owned after transaction: Not specified in the filing.
• No 10b5-1 plan, tax-withholding sale, or late filing indicated in this report.

Context

• RSUs are a form of equity compensation; they represent the right to receive shares in the future if vesting conditions are met. Because these units vest over time (starting in year three), they do not indicate an immediate change in insider-held shares or an open-market stake adjustment.
• Awards like this are common for executives and should be viewed as compensation-related rather than a direct bullish or bearish market signal.