Form 4: Opal Fuels Director Nisar Nadeem Increases Stake with Recent Stock Purchases
SEC Form 4
Director Nisar Nadeem increased his holdings in Opal Fuels Inc. (OPAL) through a series of open market purchases of Class A common stock.
Summary
- On May 16, 2025, Nisar Nadeem, a director of OPAL Fuels Inc., purchased 10,000 shares of Class A common stock at a price of $2.45 per share.
- Following this transaction, Nadeem directly owned 96,712 shares.
- On May 19, 2025, Nadeem purchased another 10,000 shares at $2.66 per share, increasing his direct ownership to 106,712 shares.
- On May 20, 2025, Nadeem further increased his holdings by purchasing 5,000 shares at $2.53 per share, bringing his total direct ownership to 111,712 shares.
Sentiment
Score: 7
Explanation: Insider buying is generally viewed positively, suggesting confidence in the company's prospects. The director's increased stake is a bullish signal.
Positives
- The director's purchases may signal confidence in the company's future prospects.
Industry Context
Insider buying is often seen as a positive sign, suggesting that those with the most knowledge of the company's prospects are optimistic about its future.
Stakeholder Impact
- Shareholders may view the director's stock purchases as a positive signal.
Key Dates
| Date | Description |
|---|---|
| 05/16/2025 | Nisar Nadeem purchased 10,000 shares of Class A common stock at $2.45 per share. |
| 05/19/2025 | Nisar Nadeem purchased 10,000 shares of Class A common stock at $2.66 per share. |
| 05/20/2025 | Nisar Nadeem purchased 5,000 shares of Class A common stock at $2.53 per share. |
| 05/21/2025 | Date of signature by Attorney-in-Fact. |
Keywords
OPAL Fuels Inc., Nisar Nadeem, Class A common stock, Director, Stock purchase, Beneficial ownership
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