Nisar Nadeem 4
Research Summary
AI-generated summary
OPAL Fuels (OPAL) Director Nisar Nadeem Buys 15,000 Shares
What Happened
Nisar Nadeem, a director of OPAL Fuels Inc. (OPAL), reported purchases of a total 15,000 shares in two transactions: 10,000 shares on 2026-06-02 at $2.32 each ($23,200) and 5,000 shares on 2026-06-03 at $2.25 each ($11,250). Both transactions are coded “P” (purchase) and represent insider buys — generally viewed as a more informative (bullish) signal than routine sales, though motivations are not stated.
Key Details
- Transaction dates and prices: 2026-06-02 — 10,000 shares @ $2.32; 2026-06-03 — 5,000 shares @ $2.25.
- Total shares purchased: 15,000; total reported cost: $34,450.
- Transaction code: P = Purchase (open market or private purchase as reported).
- Shares owned after transaction: Not disclosed in the filing.
- Footnote: F1 — the filer will provide, upon request, full details on the number of shares purchased at each separate price within any range referenced.
- Filing timeliness: Form 4 filed 2026-06-04; transactions reported within the typical two-business-day window (not marked late).
Context
These are straightforward share purchases (not option exercises, awards, or gifts). Purchases by directors can signal confidence but do not guarantee future stock performance; the filing gives factual transaction details only.