Form 4: Opal Fuels Executive Vice President Scott Edelbach Reports Stock Transactions

Executive Vice President Scott Edelbach reports the vesting and settlement of restricted stock units, along with associated tax withholding, affecting his holdings of Opal Fuels Inc. Class A common stock.

Summary

• On March 31, 2025, Scott Edelbach, Executive Vice President of OPAL Fuels Inc., reported transactions involving Class A common stock.
• These transactions included the vesting and settlement of 4,185 and 11,089 restricted stock units (RSUs) into Class A common stock.
• The company withheld 1,019 and 2,700 shares, respectively, to satisfy tax withholding requirements at a price of $1.84 per share.
• Edelbach was also granted 85,650 new RSUs on March 31, 2025, which are scheduled to vest in three equal installments over the next three years.
• Following these transactions, Edelbach directly owns 22,065 shares of Class A common stock and 85,650 RSUs.

Sentiment

Score: 6

Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey strong positive or negative sentiment, but the granting of RSUs can be viewed as a mild positive, indicating confidence in the executive and the company's future.

Positives

• The granting of additional RSUs to a key executive could be seen as an incentive for continued service and alignment with company goals.

Future Outlook

The document outlines the vesting schedule for RSUs granted to the reporting person, extending through March 31, 2028, contingent on continued service to the Issuer.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the equity-based compensation of key personnel.

Comparison to Industry Standards

• Executive compensation packages including restricted stock units are standard practice among publicly traded companies, including competitors in the renewable fuels sector such as Clean Energy Fuels Corp. and Renewable Energy Group (REG) (now part of Chevron).
• The vesting schedules and amounts of RSUs granted are generally aligned with industry norms for incentivizing long-term performance and retention of key executives.
• Tax withholding practices related to RSU vesting are also consistent across the industry.

Stakeholder Impact

• Shareholders may be interested in executive compensation details as they relate to company performance and alignment of interests.
• Employees may view the RSU grants as a positive sign of the company's commitment to its leadership.

Key Dates

Keywords

OPAL Fuels Inc., Scott Edelbach, Form 4, Restricted Stock Units, Class A Common Stock, Vesting, Executive Compensation