Form 4: Opal Fuels Director Settles Restricted Stock Units for Class A Common Stock
SEC Form 4 Filing
Director James J. Martell settled 13,933 restricted stock units for an equivalent number of Class A common stock shares on June 28, 2024.
Summary
- On June 28, 2024, James J. Martell, a director of OPAL Fuels Inc., settled 13,933 restricted stock units.
- This settlement resulted in the acquisition of 13,933 shares of Class A common stock.
- Following the transaction, Martell directly owns 27,218 shares of Class A common stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to the vesting of restricted stock units, and it doesn't inherently indicate positive or negative sentiment. It's a standard part of executive compensation.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in trading activities by company insiders, such as directors and officers. This filing indicates a routine settlement of previously granted restricted stock units.
Stakeholder Impact
- The settlement of restricted stock units may have a minor dilutive effect on existing shareholders due to the issuance of new shares.
Key Dates
| Date | Description |
|---|---|
| 06/28/2024 | Date of transaction: Settlement of restricted stock units for Class A common stock. |
| 07/01/2024 | Date of signature on the Form 4 filing. |
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