Vemuri Ashok 4
Research Summary
AI-generated summary
OPAL Fuels Director Vemuri Ashok Exercises Derivatives, Receives RSUs
What Happened
Director Vemuri Ashok reported derivative activity and a new RSU grant for OPAL Fuels (OPAL). On March 31, 2026 the filing shows 66,073 shares acquired via exercise/conversion of a derivative and a same‑day disposition of 66,073 derivative shares reported at $0.00. On the same date he was granted 54,773 restricted stock units (RSUs) at $0.00 value; those RSUs are scheduled to vest on March 31, 2027. No cash consideration or dollar values for the exercised/converted shares are reported in the filing.
Key Details
- Transaction date: March 31, 2026; Form 4 filed April 2, 2026 (covers period ended 2026-03-31).
- Exercise/Conversion (code M): 66,073 shares acquired; identical 66,073 shares reported disposed at $0.00 (derivative).
- Grant/Award (code A): 54,773 RSUs granted at $0.00; scheduled to vest March 31, 2027, subject to continued service.
- Footnotes: F1 — RSU settlement represents right to receive one share per RSU at settlement; F2 — describes the March 31, 2026 grant and the one‑year vesting schedule.
- Shares owned after the transactions: not disclosed in the filing.
- Filing timeliness: filing date provided; the report does not indicate a late filing status in the summary information supplied here.
Context
- “Exercise/conversion” and derivative entries indicate conversion of equity awards into shares (or similar derivative-to-share actions). The filing shows both an acquisition and a $0.00 disposition of the same 66,073 derivative shares on the same date; the filing’s footnotes confirm RSU settlement but do not explain the $0.00 disposition (e.g., tax withholding or netting is not specified).
- The 54,773 RSU grant is a forward-looking award that vests over a year and does not represent immediately tradeable shares until vested/settled.