Form 4: Opal Fuels Inc. General Counsel John Coghlin Reports Changes in Beneficial Ownership

John Coghlin, General Counsel of Opal Fuels Inc., reports transactions involving Class A common stock and restricted stock units, including vesting and tax withholding.

Summary

• On March 31, 2025, John Coghlin, General Counsel of Opal Fuels Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's securities.
• The transactions include the vesting of restricted stock units (RSUs) and the withholding of shares to satisfy tax obligations.
• Coghlin acquired 16,739, 16,141 and 23,521 shares of Class A common stock through the vesting of RSUs.
• He also disposed of 6,034, 5,818 and 8,479 shares to cover tax withholding requirements at a price of $1.84 per share.
• Additionally, Coghlin was granted 195,772 new RSUs on March 31, 2025, which are scheduled to vest in three tranches between 2026 and 2028.
• Following these transactions, Coghlin directly owns 72,480 shares of Class A common stock and 208,335 RSUs.

Sentiment

Score: 6

Explanation: The document is a standard regulatory filing detailing routine transactions related to executive compensation. It doesn't contain information that would significantly impact investor sentiment positively or negatively.

Positives

• The vesting of RSUs indicates that Coghlin is meeting the conditions of his equity grants, which typically include continued service to the company.

Risks

• The document does not explicitly mention any risks.

Future Outlook

Future vesting of RSUs is contingent upon the Reporting Person's continued service to the Issuer through the applicable vesting dates.

Industry Context

This filing is a routine disclosure related to executive compensation and equity ownership, common in publicly traded companies. It reflects standard practices for incentivizing and retaining key personnel.

Comparison to Industry Standards

• Equity compensation is a standard practice across the industry to align management's interests with those of shareholders.
• The vesting schedules and terms of the RSUs are likely comparable to those offered by peer companies in the renewable fuels sector to attract and retain talent.

Stakeholder Impact

• The vesting of RSUs dilutes existing shareholders' equity to a small degree.

Key Dates

Keywords

Form 4, Beneficial Ownership, Opal Fuels, Restricted Stock Units, Class A Common Stock, Vesting, Tax Withholding, Equity Incentive Plan, Coghlin