OPAL Fuels (NASDAQ: OPAL) director receives 54,773 RSU equity grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Sutton Scott McDougald reported acquisition or exercise transactions in this Form 4 filing.

OPAL Fuels Inc. director Sutton Scott McDougald received a grant of 54,773 restricted stock units on March 31, 2026 under the company’s 2022 Omnibus Equity Incentive Plan. The RSUs are scheduled to vest on March 31, 2027 if he continues providing services to the company.

Each RSU represents one share of Class A common stock upon settlement. Following this award, McDougald directly holds 78,113 restricted stock units in total. This is a compensation-related equity grant rather than an open-market share purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Sutton Scott McDougald

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	54,773	$0.00	--

Holdings After Transaction: Restricted Stock Units — 78,113 shares (Direct)

Footnotes (1)

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Key Figures

RSUs granted: 54,773 units Total RSUs after grant: 78,113 units Vesting date: March 31, 2027

3 metrics

RSUs granted 54,773 units Restricted stock units granted on March 31, 2026

Total RSUs after grant 78,113 units Direct holdings following the March 31, 2026 award

Vesting date March 31, 2027 Scheduled vesting of the 54,773 RSUs, subject to continued service

Key Terms

Restricted Stock Units, 2022 Omnibus Equity Incentive Plan, Class A common stock

3 terms

Restricted Stock Units financial

"the Reporting Person was granted 54,773 RSUs pursuant to the terms"

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.

2022 Omnibus Equity Incentive Plan financial

"granted 54,773 RSUs pursuant to the terms of the Issuer's 2022 Omnibus Equity Incentive Plan"

Class A common stock financial

"Each restricted stock unit represents the right to receive, at settlement, one share of Class A common stock"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

Form 4 Insider Transactions: What Each Field Means →

04/02/2026 - 04:34 PM

SEC Form 4

FORM 4

UNITED 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^*

Sutton Scott McDougald

(Last)

(First)

(Middle)

ONE NORTH LEXINGTON AVENUE (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)

X	Director	10% 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)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	03/31/2026		A		54,773		⁽¹⁾	⁽¹⁾	Class A common stock	54,773	$0	78,113	D

Explanation of Responses:

1. 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-Fact	04/02/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did OPAL Fuels (OPAL) report for Sutton Scott McDougald?

OPAL Fuels reported that director Sutton Scott McDougald received a grant of 54,773 restricted stock units. The award is part of his equity compensation and does not involve an open-market stock purchase or sale, but rather reflects stock-based incentives tied to continued service.

When do Sutton Scott McDougald’s new OPAL Fuels RSUs vest?

The 54,773 restricted stock units granted to Sutton Scott McDougald are scheduled to vest on March 31, 2027. Vesting is conditioned on his continued service with OPAL Fuels through that date, aligning his equity compensation with ongoing board or service commitments to the company.

How many OPAL Fuels RSUs does Sutton Scott McDougald hold after this grant?

After the March 31, 2026 grant, Sutton Scott McDougald holds 78,113 restricted stock units related to OPAL Fuels. This total reflects his direct equity-based compensation position, which will convert into Class A common stock as individual RSUs satisfy their vesting and settlement conditions over time.

Does Sutton Scott McDougald’s Form 4 for OPAL Fuels involve a stock sale or purchase?

The Form 4 shows a grant of restricted stock units, not an open-market stock sale or purchase. The 54,773 RSU award is classified as a grant or award acquisition, providing future rights to OPAL Fuels Class A shares subject to vesting, rather than immediate trading activity.

What does each OPAL Fuels RSU granted to Sutton Scott McDougald represent?

Each restricted stock unit granted to Sutton Scott McDougald represents the right to receive one share of OPAL Fuels Class A common stock at settlement. Delivery of shares occurs after vesting, provided he continues to serve the company through the specified vesting date in 2027.