OPAL Fuels Inc.·4

Mar 9, 5:25 PM ET

Comora Mark S 4

Research Summary

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OPAL Fuels (OPAL) 10% Owner Mark Comora Receives Warrant

What Happened
Mark S. Comora, listed as a 10% owner of OPAL Fuels Inc. (OPAL), reported a derivative acquisition on March 6, 2026: a warrant covering up to 3,000,000 shares of OPAL Class A common stock. The Form 4 shows this as a purchase-type derivative (code P); no exercise price, per-share price, or total dollar value is reported on the Form 4.

Key Details

  • Transaction date: March 6, 2026 (reported on Form 4 filed March 9, 2026) — filing appears timely.
  • Transaction code: P (purchase — derivative). Price: N/A on the Form 4.
  • Instrument: Warrant to purchase up to 3,000,000 Class A common shares, issuable in multiple tranches and subject to forfeiture under certain conditions (see footnote and 8-K).
  • Shares owned after transaction: not disclosed on the provided Form 4.
  • Related disclosure: Footnote states OPAL Fuels LLC issued the Warrant to an affiliate of Fortistar LLC; see OPAL’s Form 8‑K filed March 9, 2026 for full terms (exercise price, vesting/tranche schedule, forfeiture conditions, etc.).

Context
A warrant is a derivative that gives the holder the right (but not the obligation) to buy shares later at specified terms; it does not immediately increase common shares outstanding until exercised and may be forfeited per the agreement. As a reported 10% owner, this filing documents an institutional-level derivative acquisition rather than a routine executive sale; consult the referenced 8‑K for detailed economic terms before drawing conclusions.