OPAL Fuels Inc.·4

Apr 2, 4:29 PM ET

Battle Betsy L. 4

Research Summary

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OPAL Fuels Director Betsy L. Battle Converts RSUs, Receives New RSU Grant

What Happened
Betsy L. Battle, a director of OPAL Fuels Inc. (OPAL), had 66,073 derivative units converted into shares on March 31, 2026 and those 66,073 shares were reported as disposed at $0.00. On the same date she was granted 54,773 restricted stock units (RSUs) under the issuer's 2022 Omnibus Equity Incentive Plan; those RSUs are scheduled to vest on March 31, 2027 if she remains in service. No cash proceeds are reported for the zero-dollar disposition.

Key Details

  • Transaction date: March 31, 2026 (Form 4 filed April 2, 2026). Filing appears timely.
  • Conversions/exercises (code M): 66,073 derivative units converted to 66,073 shares (acquired) and 66,073 shares reported disposed at $0.00.
  • Grant/award (code A): 54,773 RSUs granted at $0.00; vesting date March 31, 2027, conditional on continued service.
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Footnotes: F1 = settlement of RSUs into Class A common stock on scheduled vesting; F2 = description of the March 31, 2026 RSU grant and its vesting condition.
  • No indication of a 10b5-1 plan or other special plan in the disclosed items.

Context
The conversion/derivative entries reflect RSU settlement into shares; the simultaneous $0.00 disposal commonly (but not explicitly here) represents shares withheld or transferred to cover taxes or similar withholding obligations rather than an open-market sale. The new RSU grant is a forward-looking compensation award that vests over time and does not represent an immediate purchase or sale.