Form 4: Opal Fuels Director Scott V. Dols Increases Stake in Company
SEC Form 4 Filing
Director Scott V. Dols reports purchasing additional shares of Opal Fuels Inc. (OPAL) through irrevocable trusts.
Summary
- On May 16, 2024, Scott V. Dols, a director of Opal Fuels Inc., indirectly acquired 2,808 shares of Class A common stock at a weighted average price of $4.88 per share through the Scott V. Dols Irrevocable Trust Dtd 11/13/2020.
- On May 17, 2024, Dols indirectly acquired 6,000 shares of Class A common stock at a weighted average price of $4.93 per share through the Vicky N. Dols Irrevocable Trust Dtd 12/22/2020.
- Following these transactions, the Scott V. Dols Irrevocable Trust holds 23,631 shares, and the Vicky N. Dols Irrevocable Trust holds 7,601 shares.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The director's purchase suggests confidence, but it's a relatively small transaction.
Positives
- A director's purchase of shares can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
This filing is a routine disclosure related to insider trading activity, which is common in publicly traded companies. It provides transparency into the actions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 11/13/2020 | Date of the Scott V. Dols Irrevocable Trust |
| 12/22/2020 | Date of the Vicky N. Dols Irrevocable Trust |
| 05/16/2024 | Date of first reported transaction: purchase of 2,808 shares |
| 05/17/2024 | Date of second reported transaction: purchase of 6,000 shares |
| 05/20/2024 | Date of signature on the Form 4 filing |
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