Form 4: Opal Fuels Director Kevin Michael Fogarty Reports Stock Transactions

Director Kevin Michael Fogarty reports the settlement of restricted stock units and grant of additional RSUs in Opal Fuels Inc.

Summary

• On March 31, 2025, Kevin Michael Fogarty, a director of OPAL Fuels Inc., reported transactions involving Class A common stock.
• Fogarty settled 27,218 restricted stock units (RSUs) for an equivalent number of Class A common stock shares.
• Following the transaction, Fogarty directly owns 56,712 shares of Class A common stock.
• Additionally, Fogarty was granted 66,073 RSUs under the Issuer's 2022 Omnibus Equity Incentive Plan, vesting on March 31, 2026, contingent upon continued service to the Issuer.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The filing reflects standard equity compensation practices. The RSU grant suggests confidence in the company's future, but it's a routine transaction.

Positives

• The grant of 66,073 RSUs to a director signals continued alignment of interests between management and shareholders.

Future Outlook

The granted RSUs are subject to continued service, indicating an expectation of Fogarty's ongoing involvement with OPAL Fuels Inc.

Industry Context

Form 4 filings are standard disclosures for corporate insiders and provide transparency regarding their transactions in the company's stock. This filing indicates routine equity compensation practices.

Comparison to Industry Standards

• Equity compensation in the form of RSUs is a common practice among publicly traded companies to incentivize and retain key personnel.
• The vesting schedule of the RSUs (one year) is fairly standard.
• Similar companies such as Clean Energy Fuels Corp. and Renewable Energy Group also utilize equity-based compensation for their executives and directors.

Stakeholder Impact

• Shareholders can view the RSU grant as aligning the director's interests with the company's long-term performance.
• Employees may see the equity incentive plan as a positive sign of the company's commitment to its personnel.

Key Dates

Keywords

OPAL Fuels Inc., Form 4, Director, Kevin Michael Fogarty, Restricted Stock Units, Class A Common Stock, Equity Incentive Plan, Beneficial Ownership, Settlement, Vesting