OPAL Fuels (NASDAQ: OPAL) grants RSUs and options to its Co-CEO
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OPAL Fuels Co-Chief Executive Officer Jonathan Maurer reported multiple equity compensation transactions involving Class A common stock. On March 31, 2026, several blocks of restricted stock units settled into shares of Class A common stock on their scheduled vesting date, with a portion of the shares withheld to satisfy tax obligations at a price of $2.52 per share.
Maurer also received new awards. He was granted 405,729 restricted stock units and an option to purchase 226,640 shares of Class A common stock at an exercise price of $2.52 per share, vesting in three equal installments on March 31 of 2027, 2028, and 2029, subject to continued service and potential acceleration upon certain termination or change-in-control events. Following these transactions, he directly holds 361,825 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
289,458 shares exercised/converted
Mixed
14 txns
Insider
Maurer Jonathan Gilbert
Role
Co-Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 35,868 | $0.00 | -- |
| Exercise | Restricted Stock Units | 67,204 | $0.00 | -- |
| Exercise | Restricted Stock Units | 163,143 | $0.00 | -- |
| Exercise | Restricted Stock Units | 23,243 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 405,729 | $0.00 | -- |
| Grant/Award | Stock options (right to buy) | 226,640 | $0.00 | -- |
| Exercise | Class A common stock | 35,868 | $0.00 | -- |
| Tax Withholding | Class A common stock | 12,930 | $2.52 | $33K |
| Exercise | Class A common stock | 67,204 | $0.00 | -- |
| Tax Withholding | Class A common stock | 24,227 | $2.52 | $61K |
| Exercise | Class A common stock | 163,143 | $0.00 | -- |
| Tax Withholding | Class A common stock | 58,813 | $2.52 | $148K |
| Exercise | Class A common stock | 23,243 | $0.00 | -- |
| Tax Withholding | Class A common stock | 8,379 | $2.52 | $21K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Stock options (right to buy) — 226,640 shares (Direct);
Class A common stock — 212,584 shares (Direct)
Footnotes (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. Represents the shares held by the Company to satisfy tax withholding requirements on vesting of restricted stock units. The total value of securities withheld was based on a price of $2.52 per share, the closing price of Class A common stock on March 31, 2026. On March 31, 2023, the Reporting Person was granted 107,605 restricted stock units ("RSUs") pursuant to the terms of the Issuer's 2022 Omnibus Equity Incentive Plan (the "Plan"). RSUs were scheduled to vest in three (3) equal installments on each of the following dates: (i) March 31, 2024, (ii) March 31, 2025, and (iii) March 31, 2026, 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. On March 31, 2024, the Reporting Person was granted 201,613 restricted stock units ("RSUs") pursuant to the terms of the Issuer's 2022 Omnibus Equity Incentive Plan (the "Plan"). RSUs were scheduled to vest in three (3) equal installments on each of the following dates: (i) March 31, 2025, (ii) March 31, 2026, and (iii) 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. On March 31, 2025, the Reporting Person was granted 489,429 restricted stock units ("RSUs") pursuant to the terms of the Issuer's 2022 Omnibus Equity Incentive Plan (the "Plan"). RSUs were scheduled to vest in three (3) equal installments on each of the following dates: (i) March 31, 2026, (ii) March 31, 2027, and (iii) March 31, 2028, 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. On March 31, 2023 the Reporting Person was awarded a target number of performance-based restricted stock units ("PRSUs"), subject to satisfaction of performance conditions as determined by the Board of Directors of OPAL Fuels Inc. Each PRSU represented the right to receive, at settlement, one share of Class A common stock. The amount shown represents the actual number of units earned by the Reporting Person pursuant to the satisfaction of performance conditions. On March 31, 2026, the Reporting Person was granted 405,729 RSUs pursuant to the Plan. RSUs are scheduled to vest in three (3) equal installments on each of the following dates: (i) March 31, 2027, (ii) March 31, 2028, and (iii) March 31, 2029, 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. Granted pursuant to the Issuer's 2022 Omnibus Equity Incentive Plan (the "Plan"). The Reporting Person was granted an option to purchase shares of the Issuer's Class A common stock (the "Option") at an exercise price of $2.52 per share, which was the volume weighted average price of the Issuer's Class A common stock for the five days immediately preceding March 31, 2026, as quoted on the Nasdaq Stock Market. The Option vests in three (3) equal installments on each of the following dates: (i) March 31, 2027, (ii) March 31, 2028, and (iii) March 31, 2029, provided, that the Reporting Person continues to provide services to the Issuer through the applicable vesting date. In the event that the Reporting Person's employment is terminated by reason of the Reporting Person's disability or termination without cause, the Options shall vest with respect to the number of shares of Class A common stock that would have vested upon the next vesting date following such termination, had the Reporting Person remained an employee. Notwithstanding the foregoing, upon the occurrence of a termination of employment by reason of the Reporting Person's (i) termination without cause; or (ii) resignation for good reason, in connection with or within the 24 months following the consummation of a Change in Control (as defined in the Plan and the relevant award agreement), any unvested portion of the Option shall accelerate and vest in full. Upon the occurrence of a termination by reason of the Reporting Person's death, any unvested portion of the Option shall accelerate and vest in full.
Key Figures
Direct Class A shares after transactions: 361,825 shares
New RSU grant: 405,729 restricted stock units
New stock option grant: 226,640 options at $2.52
+5 more
8 metrics
Direct Class A shares after transactions
361,825 shares
Direct holdings following March 31, 2026 equity events
New RSU grant
405,729 restricted stock units
Granted March 31, 2026 under 2022 Omnibus Equity Incentive Plan
New stock option grant
226,640 options at $2.52
Option to buy Class A shares, granted March 31, 2026
Option exercise price reference
$2.52 per share
Volume weighted average price over five days before March 31, 2026
Option expiration
March 31, 2036
Expiration date of 226,640-share stock option grant
Derivative exercises
289,458 shares
Total underlying shares from derivative exercises reported
Tax withholding shares
104,349 shares
Shares withheld to cover tax liabilities on RSU vesting at $2.52
RSU vesting schedule
3 equal installments
New 405,729 RSUs vest in 2027, 2028, 2029
Key Terms
restricted stock units, performance-based restricted stock units ("PRSUs"), 2022 Omnibus Equity Incentive Plan, Change in Control, +2 more
6 terms
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.
performance-based restricted stock units ("PRSUs") financial
"the Reporting Person was awarded a target number of performance-based restricted stock units ("PRSUs"), subject to satisfaction of performance conditions"
2022 Omnibus Equity Incentive Plan financial
"pursuant to the terms of the Issuer's 2022 Omnibus Equity Incentive Plan (the "Plan")."
Change in Control financial
"following the consummation of a Change in Control (as defined in the Plan and the relevant award agreement)"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
tax withholding requirements financial
"Represents the shares held by the Company to satisfy tax withholding requirements on vesting of restricted stock units."
FAQ
What insider transactions did OPAL Co-CEO Jonathan Maurer report?
Jonathan Maurer reported RSU settlements into Class A common stock, related tax-withholding share dispositions, and new grants of restricted stock units and stock options. These are equity compensation events rather than open-market purchases or sales, reflecting ongoing incentive-based compensation at OPAL Fuels Inc.
What new restricted stock unit awards did OPAL grant to Jonathan Maurer?
On March 31, 2026, OPAL granted Jonathan Maurer 405,729 restricted stock units under its 2022 Omnibus Equity Incentive Plan. These RSUs vest in three equal installments on March 31 of 2027, 2028, and 2029, contingent on his continued service with the company.
What are the terms of Jonathan Maurer’s new OPAL stock option grant?
Maurer received an option to buy 226,640 shares of Class A common stock at $2.52 per share. The option vests in three equal installments on March 31 of 2027, 2028, and 2029 and expires on March 31, 2036, subject to service and specified termination conditions.
How do change-in-control or termination events affect Jonathan Maurer’s OPAL options?
The filing states Maurer’s options may accelerate. Certain terminations without cause, resignations for good reason tied to a Change in Control, disability, or death can cause unvested option portions to vest either partially at the next vesting date or in full, depending on the scenario.