UNGER DAVID C (Executive Vice President) exercised options at OPAL FUELS INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 4 exercises

UNGER DAVID C

Filed: 4/2/2026ACC: 0001628280-26-023257

InsiderUNGER DAVID CCIK 1932698

→

IssuerOPAL FUELS INC.CIK 1842279

Officer· Executive Vice President

Since Jul 2022

+97.84K

Net shares

Net buyer

$151.8K

Total sold

Open market trades

0B · 0S

Total transactions

325.23K acquired · 227.39K disposed

Non-Derivative Transactions8

Class A common stock

Direct

M · Option Exercise

+80.70K

Price / share

—

Trade value

—

% of position

65.1%

3/31/2026

123.98K→204.68K

Class A common stock

Direct

F · Tax Withholding

−29.09K

Price / share

$2.52

Trade value

$73.31K

% of position

14.2%

3/31/2026

204.68K→175.59K

Class A common stock

Direct

M · Option Exercise

+23.52K

Price / share

—

Trade value

—

% of position

13.4%

3/31/2026

175.59K→199.11K

Class A common stock

Direct

F · Tax Withholding

−8.48K

Price / share

$2.52

Trade value

$21.37K

% of position

4.3%

3/31/2026

199.11K→190.63K

Class A common stock

Direct

M · Option Exercise

+57.10K

Price / share

—

Trade value

—

% of position

30.0%

3/31/2026

190.63K→247.73K

Class A common stock

Direct

F · Tax Withholding

−20.58K

Price / share

$2.52

Trade value

$51.87K

% of position

8.3%

3/31/2026

247.73K→227.15K

Class A common stock

Direct

M · Option Exercise

+5.81K

Price / share

—

Trade value

—

% of position

2.6%

3/31/2026

227.15K→232.96K

Class A common stock

Direct

F · Tax Withholding

−2.10K

Price / share

$2.52

Trade value

$5.28K

% of position

0.9%

3/31/2026

232.96K→230.86K

Total

Net shares

+106.89K

Net value

-$151.83K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A common stock Direct	3/31/2026	M · Option Exercise	+80.70K	—	—	65.1%	123.98K	204.68K
Class A common stock Direct	3/31/2026	F · Tax Withholding	−29.09K	$2.52	$73.31K	14.2%	204.68K	175.59K
Class A common stock Direct	3/31/2026	M · Option Exercise	+23.52K	—	—	13.4%	175.59K	199.11K
Class A common stock Direct	3/31/2026	F · Tax Withholding	−8.48K	$2.52	$21.37K	4.3%	199.11K	190.63K
Class A common stock Direct	3/31/2026	M · Option Exercise	+57.10K	—	—	30.0%	190.63K	247.73K
Class A common stock Direct	3/31/2026	F · Tax Withholding	−20.58K	$2.52	$51.87K	8.3%	247.73K	227.15K
Class A common stock Direct	3/31/2026	M · Option Exercise	+5.81K	—	—	2.6%	227.15K	232.96K
Class A common stock Direct	3/31/2026	F · Tax Withholding	−2.10K	$2.52	$5.28K	0.9%	232.96K	230.86K
Total			+106.89K		-$151.83K

Derivative Transactions6

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A common stock

80.70K shares

−80.70K

Strike price

Held after

0.00

Exercisable

—

3/31/2026

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A common stock

23.52K shares

−23.52K

Strike price

Held after

23.52K

Exercisable

—

3/31/2026

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A common stock

57.10K shares

−57.10K

Strike price

Held after

114.20K

Exercisable

—

3/31/2026

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A common stock

5.81K shares

−5.81K

Strike price

Held after

0.00

Exercisable

—

3/31/2026

Restricted Stock Units

Direct

A · Award

Converts to

Class A common stock

101.43K shares

+101.43K

Strike price

Held after

101.43K

Exercisable

—

3/31/2026

Stock options (right to buy)

Direct

A · Award

Converts to

Class A common stock

56.66K shares

+56.66K

Strike price

2.52

Held after

56.66K

Exercisable

—

3/31/2026

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Units Direct	Class A common stock80.70K shares	3/31/2026	M · Option Exercise	−80.70K		—	0.00
Restricted Stock Units Direct	Class A common stock23.52K shares	3/31/2026	M · Option Exercise	−23.52K		—	23.52K
Restricted Stock Units Direct	Class A common stock57.10K shares	3/31/2026	M · Option Exercise	−57.10K		—	114.20K
Restricted Stock Units Direct	Class A common stock5.81K shares	3/31/2026	M · Option Exercise	−5.81K		—	0.00
Restricted Stock Units Direct	Class A common stock101.43K shares	3/31/2026	A · Award	+101.43K		—	101.43K
Stock options (right to buy) Direct	Class A common stock56.66K shares	3/31/2026	A · Award	+56.66K	2.52	—	56.66K