Scott Edelbach - Mar 31, 2025 Form 4 Insider Report for OPAL Fuels Inc. (OPAL)

Role: Executive Vice President
Signature: /s/ John Coghlin as Attorney-in-Fact
Stock symbol: OPAL
Transactions as of: Mar 31, 2025
Transactions value $: -$6,843
Form type: 4
Date filed: 4/2/2025, 08:29 PM
Previous filing: Apr 2, 2024
Next filing: Apr 10, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OPAL	Class A common stock	Options Exercise		+4.19K	+39.82%		14.7K	Mar 31, 2025	Direct	F1
transaction	OPAL	Class A common stock	Tax liability	-$1.87K	-1.02K	-6.93%	$1.84	13.7K	Mar 31, 2025	Direct	F2
transaction	OPAL	Class A common stock	Options Exercise		+11.1K	+81.08%		24.8K	Mar 31, 2025	Direct	F1
transaction	OPAL	Class A common stock	Tax liability	-$4.97K	-2.7K	-10.9%	$1.84	22.1K	Mar 31, 2025	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	OPAL	Restricted Stock Units	Options Exercise	$0	-4.19K	-50.01%	$0.00	4.18K	Mar 31, 2025	Class A common stock	4.19K		Direct	F1, F3
transaction	OPAL	Restricted Stock Units	Options Exercise	$0	-11.1K	-33.33%	$0.00	22.2K	Mar 31, 2025	Class A common stock	11.1K		Direct	F1, F4
transaction	OPAL	Restricted Stock Units	Award	$0	+85.7K		$0.00	85.7K	Mar 31, 2025	Class A common stock	85.7K		Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.
F2	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 $1.84 per share, the closing price of Class A common stock on March 31, 2025.
F3	On March 31, 2023, the Reporting Person was granted 12,554 restricted stock units ("RSUs") pursuant to the terms of the Issuer's 2022 Omnibus Equity Incentive Plan (the "Plan"). A total of 4,185 RSUs vested on March 31, 2024, a total of 4,185 RSUs vested on March 31, 2025, and a total of 4,184 RSUs are scheduled to vest on 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.
F4	On March 31, 2024, the Reporting Person was granted 33,267 RSUs pursuant to the Plan. A total of 11,089 RSUs vested on March 31, 2025, a total of 11,089 RSUs are scheduled to vest on March 31, 2026, and a total of 11,089 RSUs are scheduled to vest on 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.
F5	On March 31, 2025, the Reporting Person was granted 85,650 RSUs pursuant to the Plan. A total of 28,550 RSUs are scheduled to vest on March 31, 2026, a total of 28,550 RSUs are scheduled to vest on March 31, 2027, and a total of 28,550 RSUs are scheduled to vest on 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.