[144] Ormat Technologies, Inc. SEC Filing

Rhea-AI Filing Summary

Form 144 for Ormat Technologies, Inc. (ORA) shows a proposed sale of 876 shares of common stock through Morgan Stanley Smith Barney, with an aggregate market value of $80,578.86 and an approximate sale date of 08/27/2025. The shares were acquired as restricted stock on 05/08/2025 from the issuer and paid for on that date. The filing notes 60,723,470 shares outstanding for the class. It also reports a prior sale by the same account: 547 shares sold on 06/20/2025 for gross proceeds of $46,791.58. The filer certifies they are not aware of any undisclosed material adverse information about the issuer.

Insights

Securities Analyst

TL;DR: Small insider sale of recently granted restricted shares; likely routine and not material to ORA's capitalization.

The filing discloses a proposed sale of 876 restricted shares acquired on 05/08/2025, valued at $80,578.86, and a prior sale of 547 shares on 06/20/2025 for $46,791.58. Against 60.7 million shares outstanding, these volumes are immaterial in percentage terms. The use of a broker and the restricted-stock origin suggest standard disposition of awarded shares rather than a triggered liquidity event. No information in the filing indicates undisclosed operational or financial issues.

Corporate Governance Expert

TL;DR: Disclosure appears compliant; insider attestation included, and transaction sizes are modest relative to float.

The filer includes the required representation about material information and indicates the securities were acquired from the issuer as restricted stock. The notice names the broker and provides dates and amounts for both the proposed sale and a recent completed sale. There is no disclosure of a trading plan or 10b5-1 adoption date in the text provided. From a governance perspective, the form satisfies Rule 144 content requirements shown here.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	876	80578.86	60723470	08/27/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	05/08/2025	Restricted Stock	Issuer			876	05/08/2025	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
STANLEY B STERN 6884 Sierra Center Pkwy Reno NV 89511-2210	Common	06/20/2025	547	46791.58

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What securities does the Form 144 for ORA report?

The form reports a proposed sale of 876 shares of Ormat Technologies common stock.

When were the reported shares acquired?

The 876 shares were acquired as restricted stock on 05/08/2025 from the issuer.

What is the aggregate market value and sale date listed?

Aggregate market value is $80,578.86 and the approximate date of sale is 08/27/2025.

Has the filer sold any ORA shares recently?

Yes. The filing shows a prior sale of 547 shares on 06/20/2025 for gross proceeds of $46,791.58.

Which broker is handling the proposed sale?

The broker named is Morgan Stanley Smith Barney LLC, Executive Financial Services, New York, NY.