STOCK TITAN

Director at OPAL Fuels (NASDAQ: OPAL) exercises 66,073 RSUs and gets new grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

OPAL Fuels Inc. director Scott V. Dols exercised 66,073 restricted stock units into the same number of Class A common shares on March 31, 2026, as part of their scheduled vesting. On the same date, he received a new award of 54,773 RSUs that are scheduled to vest on March 31, 2027, contingent on continued service. Following these transactions, he directly holds 195,672 shares of Class A common stock and 54,773 RSUs.

Positive

  • None.

Negative

  • None.
Insider Dols Scott V.
Role Director
Type Security Shares Price Value
Exercise Restricted Stock Units 66,073 $0.00 --
Grant/Award Restricted Stock Units 54,773 $0.00 --
Exercise Class A common stock 66,073 $0.00 --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Class A common stock — 195,672 shares (Direct)
Footnotes (1)
  1. Each restricted stock unit represents the right to receive, at settlement, one share of Class A common stock. This transaction represents the settlement of restricted stock units in shares of Class A common stock on their scheduled vesting date. On March 31, 2026, the Reporting Person was granted 54,773 RSUs pursuant to the terms of the Issuer's 2022 Omnibus Equity Incentive Plan. The RSUs are scheduled to vest on March 31, 2027, provided that the Reporting Person continues to provide services to the Issuer through the applicable vesting date. Each restricted stock unit represents the right to receive, at settlement, one share of Class A common stock.
RSUs exercised 66,073 units Restricted stock units settled into Class A common stock on March 31, 2026
New RSU grant 54,773 units Award granted March 31, 2026 under 2022 Omnibus Equity Incentive Plan
Shares held after transactions 195,672 shares Class A common stock directly owned after exercise of RSUs
Unvested RSUs after grant 54,773 units Scheduled to vest on March 31, 2027, subject to continued service
Exercise price per RSU share $0.0000/share Settlement of 66,073 restricted stock units into Class A common stock
Restricted Stock Units financial
"Each restricted stock unit represents the right to receive, at settlement, one share of Class A common stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"This transaction represents the settlement of restricted stock units in shares of Class A common stock on their scheduled vesting date, reported with a derivative security code."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
2022 Omnibus Equity Incentive Plan financial
"On March 31, 2026, the Reporting Person was granted 54,773 RSUs pursuant to the terms of the Issuer's 2022 Omnibus Equity Incentive Plan."
vest financial
"The RSUs are scheduled to vest on March 31, 2027, provided that the Reporting Person continues to provide services to the Issuer through the applicable vesting date."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Dols Scott V.

(Last)(First)(Middle)
ONE NORTH LEXINGTON AVE, 14TH FLOOR

(Street)
WHITE PLAINS NEW YORK 10601

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
OPAL Fuels Inc. [ OPAL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A common stock03/31/2026M66,073A(1)195,672D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)03/31/2026M66,073 (1) (1)Class A common stock66,073$00D
Restricted Stock Units(2)03/31/2026A54,773 (2) (2)Class A common stock54,773$054,773D
Explanation of Responses:
1. Each restricted stock unit represents the right to receive, at settlement, one share of Class A common stock. This transaction represents the settlement of restricted stock units in shares of Class A common stock on their scheduled vesting date.
2. On March 31, 2026, the Reporting Person was granted 54,773 RSUs pursuant to the terms of the Issuer's 2022 Omnibus Equity Incentive Plan. The RSUs are scheduled to vest on March 31, 2027, provided that the Reporting Person continues to provide services to the Issuer through the applicable vesting date. Each restricted stock unit represents the right to receive, at settlement, one share of Class A common stock.
Remarks:
/s/ John Coghlin as Attorney-in-Fact04/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did OPAL director Scott V. Dols report?

Scott V. Dols reported only acquisition-type transactions. He exercised 66,073 restricted stock units into Class A common stock and received a new grant of 54,773 RSUs, all dated March 31, 2026, with no open-market buys or sells reported.

How many OPAL Fuels Class A shares does Scott V. Dols hold after this Form 4?

After the reported transactions, Dols directly holds 195,672 Class A shares. These holdings reflect the settlement of 66,073 vested restricted stock units into common stock, as shown in the non-derivative transaction table of the Form 4.

What are the terms of Scott V. Dols’ new 54,773 RSU grant at OPAL (OPAL)?

Dols was granted 54,773 RSUs on March 31, 2026. According to the filing, these units are scheduled to vest on March 31, 2027, provided he continues to provide services to OPAL Fuels through that vesting date.

How many restricted stock units did Scott V. Dols exercise into OPAL Class A shares?

Dols exercised 66,073 restricted stock units. Each unit represented the right to receive one share of Class A common stock, and the transaction reflects their scheduled settlement on the vesting date at a stated price of $0.0000 per share.

Under which equity plan were Scott V. Dols’ new RSUs at OPAL granted?

The new 54,773 RSU award was granted under OPAL’s 2022 Omnibus Equity Incentive Plan. The plan governs the grant and vesting terms, including the requirement that Dols continue providing services through March 31, 2027.

Does the OPAL Form 4 show any remaining derivative holdings for Scott V. Dols?

The filing shows 54,773 RSUs remaining after the transactions. These represent the new award granted on March 31, 2026, which is scheduled to vest on March 31, 2027, subject to continued service with OPAL Fuels.