OPAL Fuels Inc.·4

Apr 2, 4:31 PM ET

Nisar Nadeem 4

Research Summary

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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.