Nisar Nadeem 4
Research Summary
AI-generated summary
OPAL Fuels Director Nisar Nadeem Receives and Converts RSUs
What Happened
Nisar Nadeem, a director of OPAL Fuels Inc. (OPAL), had 66,073 restricted stock units (RSUs) settle into Class A common shares on March 31, 2026, and the Form 4 also reports a matching conversion/disposition entry at $0 (reflecting the derivative-to-stock settlement). On the same date he was granted an additional 54,773 RSUs under the company's 2022 Omnibus Equity Incentive Plan; those new RSUs are scheduled to vest on March 31, 2027, subject to continued service. There was no open-market purchase or sale recorded — the transactions are awards/settlements, not cash purchases or sales.
Key Details
- Transaction date: March 31, 2026; Form 4 filed April 2, 2026 (timely, within the usual two-business-day window).
- Settled RSUs: 66,073 RSUs converted/settled into Class A shares (reported as derivative exercise/conversion, $0 price).
- New grant: 54,773 RSUs granted on March 31, 2026 (vesting 3/31/2027; each RSU entitles holder to one Class A share on settlement).
- Reported prices/values: all entries show $0.00 (no cash transaction); one acquisition row shows price "N/A" consistent with derivative settlement.
- Shares owned after the reported transactions: not disclosed in the provided filing.
- Footnotes: F1 confirms the 66,073 items were RSUs settling into shares; F2 describes the terms and vesting of the 54,773 RSU grant.
Context
These entries reflect equity awards and the scheduled settlement of RSUs (derivative-to-stock conversion), not open-market trading. Grants and RSU settlements are common compensation events and do not by themselves indicate a buy or sell sentiment in the market. The newly granted RSUs vest over time (here, one year) and only convert to deliverable shares if vesting conditions are met.