Co-CEO at OPAL Fuels (OPAL) receives major RSU and option awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OPAL Fuels Inc. Co-CEO Adam Comora reported equity compensation activity centered on vesting RSUs, tax withholding, and new grants. On March 31, 2026, multiple blocks of restricted stock units converted into Class A common stock as scheduled vesting occurred under the company’s 2022 Omnibus Equity Incentive Plan.
To cover tax obligations on these RSU settlements, the company withheld 104,349 shares of Class A common stock at a price of $2.52 per share, matching the closing price on March 31, 2026. After these exercises and tax-withholding dispositions, Comora directly held 439,626 shares of Class A common stock.
He also received 405,729 new RSUs scheduled to vest in three equal installments on March 31 of 2027, 2028, and 2029, each convertible into one Class A share at settlement. In addition, he was granted stock options for 226,640 shares at an exercise price of $2.52 per share, vesting in three equal installments through March 31, 2029 and expiring in 2036.
Positive
- None.
Negative
- None.
Insider Trade Summary
289,458 shares exercised/converted
Mixed
14 txns
Insider
Comora Adam
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 — 290,385 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
RSUs exercised: 289,458 units
Shares withheld for taxes: 104,349 shares at $2.52
New RSU grant: 405,729 units
+5 more
8 metrics
RSUs exercised
289,458 units
Total derivative exercises (M code) on March 31, 2026
Shares withheld for taxes
104,349 shares at $2.52
Tax-withholding dispositions (F code) on March 31, 2026
New RSU grant
405,729 units
RSUs granted March 31, 2026 under 2022 Omnibus Equity Incentive Plan
New stock options
226,640 options at $2.52
Options granted March 31, 2026, expiring March 31, 2036
Shares held after transactions
439,626 shares
Direct Class A common stock owned after March 31, 2026 activity
Option expiration
March 31, 2036
End of term for 226,640-share option grant
Option vesting schedule
3 equal installments
Vests on March 31 of 2027, 2028, and 2029
RSU vesting schedule
3 equal installments
New 405,729 RSUs vest on March 31 of 2027–2029
Key Terms
Restricted Stock Units, performance-based restricted stock units, tax withholding requirements, Omnibus Equity Incentive Plan, +1 more
5 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 financial
"the Reporting Person was awarded a target number of performance-based restricted stock units ("PRSUs"), subject to satisfaction of performance conditions"
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
tax withholding requirements financial
"Represents the shares held by the Company to satisfy tax withholding requirements on vesting of restricted stock units."
Omnibus Equity Incentive Plan financial
"pursuant to the terms of the Issuer's 2022 Omnibus Equity Incentive Plan (the "Plan")."
A single, company-wide plan that lets a business grant different kinds of stock-based pay — such as stock options, shares that vest over time, or other equity awards — to employees, directors and consultants. It matters to investors because it determines how much of the company can be paid out in shares, how quickly those shares enter the market, and how well employees are motivated to grow the business; think of it as a toolbox or menu for paying with ownership stakes that can dilute existing holders and affect company performance.
Change in Control financial
"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)"
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.
OPAL Fuels Inc.