OPAL Fuels (NASDAQ: OPAL) grants RSUs and stock options to general counsel
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OPAL Fuels’ General Counsel John Coghlin reported routine equity compensation activity. On March 31, 2026, he settled 116,365 restricted stock units into shares of Class A common stock, with 41,948 shares withheld to cover tax obligations at a price of $2.52 per share. Following these settlements and withholdings, he directly holds 146,897 shares of Class A common stock.
The company also granted him 162,292 new restricted stock units and 90,656 stock options exercisable at $2.52 per share, both under the 2022 Omnibus Equity Incentive Plan. These awards vest in three equal installments from March 31, 2027 through March 31, 2029, subject to continued service, and no open‑market purchases or sales were reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
116,365 shares exercised/converted
Mixed
14 txns
Insider
Coghlin John
Role
General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 16,738 | $0.00 | -- |
| Exercise | Restricted Stock Units | 23,522 | $0.00 | -- |
| Exercise | Restricted Stock Units | 65,258 | $0.00 | -- |
| Exercise | Restricted Stock Units | 10,847 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 162,292 | $0.00 | -- |
| Grant/Award | Stock options (right to buy) | 90,656 | $0.00 | -- |
| Exercise | Class A common stock | 16,738 | $0.00 | -- |
| Tax Withholding | Class A common stock | 6,034 | $2.52 | $15K |
| Exercise | Class A common stock | 23,522 | $0.00 | -- |
| Tax Withholding | Class A common stock | 8,479 | $2.52 | $21K |
| Exercise | Class A common stock | 65,258 | $0.00 | -- |
| Tax Withholding | Class A common stock | 23,525 | $2.52 | $59K |
| Exercise | Class A common stock | 10,847 | $0.00 | -- |
| Tax Withholding | Class A common stock | 3,910 | $2.52 | $10K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Stock options (right to buy) — 90,656 shares (Direct);
Class A common stock — 89,218 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents the right to receive, at settlement, one share of Class A common stock. This transaction represents the settlement of restricted stock units in shares of Class A common stock on their scheduled vesting date. Represents the shares held by the Company to satisfy tax withholding requirements on vesting of restricted stock units. The total value of securities withheld was based on a price of $2.52 per share, the closing price of Class A common stock on March 31, 2026. On March 31, 2023, the Reporting Person was granted 50,216 restricted stock units ("RSUs") pursuant to the terms of the Issuer's 2022 Omnibus Equity Incentive Plan (the "Plan"). RSUs were scheduled to vest in three (3) equal installments on each of the following dates: (i) March 31, 2024, (ii) March 31, 2025, and (iii) March 31, 2026, provided that the Reporting Person continues to provide services to the Issuer through the applicable vesting date. Each restricted stock unit represents the right to receive, at settlement, one share of Class A common stock. On March 31, 2024, the Reporting Person was granted 70,565 restricted stock units ("RSUs") pursuant to the terms of the Issuer's 2022 Omnibus Equity Incentive Plan (the "Plan"). RSUs were scheduled to vest in three (3) equal installments on each of the following dates: (i) March 31, 2025, (ii) March 31, 2026, and (iii) March 31, 2027, provided that the Reporting Person continues to provide services to the Issuer through the applicable vesting date. Each restricted stock unit represents the right to receive, at settlement, one share of Class A common stock. On March 31, 2025, the Reporting Person was granted 195,772 restricted stock units ("RSUs") pursuant to the terms of the Issuer's 2022 Omnibus Equity Incentive Plan (the "Plan"). RSUs were scheduled to vest in three (3) equal installments on each of the following dates: (i) March 31, 2026, (ii) March 31, 2027, and (iii) March 31, 2028, provided that the Reporting Person continues to provide services to the Issuer through the applicable vesting date. Each restricted stock unit represents the right to receive, at settlement, one share of Class A common stock. On March 31, 2023 the Reporting Person was awarded a target number of performance-based restricted stock units ("PRSUs"), subject to satisfaction of performance conditions as determined by the Board of Directors of OPAL Fuels Inc. Each PRSU represented the right to receive, at settlement, one share of Class A common stock. The amount shown represents the actual number of units earned by the Reporting Person pursuant to the satisfaction of performance conditions. On March 31, 2026, the Reporting Person was granted 162,292 RSUs pursuant to the Plan. RSUs are scheduled to vest in three (3) equal installments on each of the following dates: (i) March 31, 2027, (ii) March 31, 2028, and (iii) March 31, 2029, provided that the Reporting Person continues to provide services to the Issuer through the applicable vesting date. Each restricted stock unit represents the right to receive, at settlement, one share of Class A common stock. Granted pursuant to the Issuer's 2022 Omnibus Equity Incentive Plan (the "Plan"). The Reporting Person was granted an option to purchase shares of the Issuer's Class A common stock (the "Option") at an exercise price of $2.52 per share, which was the volume weighted average price of the Issuer's Class A common stock for the five days immediately preceding March 31, 2026, as quoted on the Nasdaq Stock Market. The Option vests in three (3) equal installments on each of the following dates: (i) March 31, 2027, (ii) March 31, 2028, and (iii) March 31, 2029, provided, that the Reporting Person continues to provide services to the Issuer through the applicable vesting date. In the event that the Reporting Person's employment is terminated by reason of the Reporting Person's disability or termination without cause, the Options shall vest with respect to the number of shares of Class A common stock that would have vested upon the next vesting date following such termination, had the Reporting Person remained an employee. Notwithstanding the foregoing, upon the occurrence of a termination of employment by reason of the Reporting Person's (i) termination without cause; or (ii) resignation for good reason, in connection with or within the 24 months following the consummation of a Change in Control (as defined in the Plan and the relevant award agreement), any unvested portion of the Option shall accelerate and vest in full. Upon the occurrence of a termination by reason of the Reporting Person's death, any unvested portion of the Option shall accelerate and vest in full.
Key Figures
RSUs settled: 116,365 shares
Tax withholding shares: 41,948 shares
Shares held after transactions: 146,897 shares
+4 more
7 metrics
RSUs settled
116,365 shares
Restricted stock units converted to Class A common stock on March 31, 2026
Tax withholding shares
41,948 shares
Shares withheld to cover tax obligations at $2.52 per share
Shares held after transactions
146,897 shares
Direct Class A common stock holdings after March 31, 2026 events
New RSU grant
162,292 RSUs
Granted March 31, 2026 under 2022 Omnibus Equity Incentive Plan
Stock option grant
90,656 options
Options on Class A common stock granted March 31, 2026
Option exercise price
$2.52 per share
Exercise price equal to five-day volume weighted average price
Option expiration
March 31, 2036
Expiration date of stock options granted March 31, 2026
Key Terms
Restricted stock units, Performance-based restricted stock units (PRSUs), 2022 Omnibus Equity Incentive Plan, tax withholding requirements, +2 more
6 terms
Restricted stock units financial
"Each restricted stock unit represents the right to receive, at settlement, one share of Class A common stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Performance-based restricted stock units (PRSUs) financial
"The Reporting Person was awarded a target number of performance-based restricted stock units ("PRSUs"), subject to satisfaction of performance conditions..."
2022 Omnibus Equity Incentive Plan financial
"pursuant to the terms of the Issuer's 2022 Omnibus Equity Incentive Plan (the "Plan")."
tax withholding requirements financial
"Represents the shares held by the Company to satisfy tax withholding requirements on vesting of restricted stock units."
Change in Control financial
"in connection with or within the 24 months following the consummation of a Change in Control (as defined in the Plan and the relevant award agreement)..."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
volume weighted average price financial
"at an exercise price of $2.52 per share, which was the volume weighted average price of the Issuer's Class A common stock..."
The volume weighted average price (VWAP) is a way to measure the average price of a security, such as a stock, over a specific period, taking into account how many units were traded at each price. It’s similar to calculating the average cost of items bought when some are more frequently purchased than others. Investors use VWAP to assess whether a security is being bought or sold at a fair price during trading.
FAQ
What insider transactions did OPAL Fuels (OPAL) report for John Coghlin?
OPAL Fuels reported that General Counsel John Coghlin settled 116,365 restricted stock units into Class A common stock. As part of this routine vesting event, 41,948 shares were withheld to satisfy tax obligations, and no open-market purchases or sales were disclosed in the filing.
What new restricted stock units did OPAL Fuels grant to its General Counsel?
OPAL Fuels granted General Counsel John Coghlin 162,292 new restricted stock units under the 2022 Omnibus Equity Incentive Plan. These RSUs vest in three equal installments on March 31, 2027, March 31, 2028, and March 31, 2029, subject to his continued service with the company.
What stock options were awarded to John Coghlin by OPAL Fuels?
John Coghlin received options on 90,656 shares of OPAL Fuels Class A common stock at an exercise price of $2.52 per share. The options vest in three equal installments on March 31, 2027, March 31, 2028, and March 31, 2029, provided he continues to serve the company.
How were taxes handled on John Coghlin’s OPAL Fuels RSU vesting?
To satisfy tax withholding requirements on the RSU vesting, OPAL Fuels withheld 41,948 shares from John Coghlin. The total value of these withheld shares was calculated using a price of $2.52 per share, matching the Class A common stock closing price on March 31, 2026.