Form 4: Opal Fuels Director Nadeem Nisar Reports Stock Transactions
SEC Form 4 Filing
Director Nadeem Nisar reports the settlement of restricted stock units and grant of additional units in Opal Fuels Inc.
Summary
- On March 31, 2024, Director Nadeem Nisar settled 19,369 restricted stock units (RSUs) for Class A common stock.
- Nisar also received a grant of 27,218 new RSUs on the same date, which will vest on March 31, 2025, contingent upon continued service.
- Following these transactions, Nisar directly owns 59,494 shares of Class A common stock and 46,587 RSUs.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment about the company's performance.
Future Outlook
The document does not contain any specific forward-looking statements regarding the company's future performance.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to investors regarding the holdings of company directors.
Stakeholder Impact
- The disclosure of insider transactions provides transparency to shareholders regarding the actions of company leadership.
Key Dates
| Date | Description |
|---|---|
| 03/31/2024 | Date of earliest transaction, settlement of 19,369 RSUs, and grant of 27,218 RSUs |
| 03/31/2025 | Vesting date for the 27,218 RSUs granted on March 31, 2024 |
| 04/02/2024 | Date of signature on the Form 4 filing |
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