---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-019374"
form_type: "8-K"
ticker: "OPAL"
cik: "0001842279"
company_name: "OPAL Fuels Inc."
filed_at: "2025-04-23T23:59:59+00:00"
generated_at: "2026-05-23T08:22:19.968451+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# OPAL Fuels controlling shareholder exchanges 50M high-vote shares for low-vote shares

## Summary
- Fortistar exchanged 50.0M Class D shares (5 votes each) for equal number of new Class B shares (1 vote each); no change in economic interest.
- Fortistar has now converted over 120M Class D shares in aggregate, further reducing its voting control.
- Exchange intended to help facilitate inclusion of Class A common stock in stock market indices; no guarantee of index inclusion or price effect.

## SEC filing metadata
- accession: 0001628280-25-019374
- form_type: 8-K
- ticker: OPAL
- cik: 0001842279
- company_name: OPAL Fuels Inc.
- filed_at: 2025-04-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1842279/000162828025019374/0001628280-25-019374-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1842279/000162828025019374/opal-20250422.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-019374
- JSON: https://secwatch.observer/filing/0001628280-25-019374.json
- Plain text: https://secwatch.observer/filing/0001628280-25-019374.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.