ORA (NYSE: ORA) files Form 144 — proposed resale of restricted shares

Rhea-AI Filing Summary

ORA submitted a Form 144 notice reporting proposed sales of Common Stock through Morgan Stanley Smith Barney LLC. The filing lists three restricted-share lots dated 06/02/2023 (1,461 shares), 05/09/2024 (761 shares), and 05/08/2025 (858 shares).

The Form 144 identifies the broker-dealer and characterizes the securities as restricted stock; the notice documents intended sales rather than completed open-market trades.

Insights

Securities Attorney

Form 144 is a routine notice of proposed resale of restricted shares.

Form 144 notifies the SEC and broker-dealers of an intended resale under the sale provisions of Rule 144. It lists the broker-dealer, the security type as restricted stock, and the specific lots with dates and share counts.

Filing a Form 144 does not itself consummate a sale; subsequent broker execution and Rule 144 conditions must be satisfied. Timing and proceeds are not stated in the excerpt.

Key Figures

Form type: Form 144 Lot 1 shares: 1,461 shares Lot 2 shares: 761 shares +2 more

5 metrics

Form type Form 144 resale notice for restricted securities

Lot 1 shares 1,461 shares dated 06/02/2023

Lot 2 shares 761 shares dated 05/09/2024

Lot 3 shares 858 shares dated 05/08/2025

Total listed 3,080 shares aggregate of listed restricted-share lots

Key Terms

Restricted Stock, Form 144, Broker-dealer

3 terms

Restricted Stock regulatory

"Restricted Stock | Issuer | 1,461 | 06/02/2023"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

Form 144 regulatory

"144: Securities To Be Sold"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Broker-dealer financial

"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"

A broker-dealer is a licensed firm or individual that both executes trades on behalf of clients (acting as a broker) and buys or sells securities for its own account (acting as a dealer). Investors care because broker-dealers provide the plumbing of markets — they place orders, hold or move cash and securities, offer research or advice, and their stability and fees directly affect trade execution, costs, and the safety of client funds; think of them as a combined travel agent and taxi for your investments.

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	3080	403403.00	61451752	05/19/2026	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	06/02/2023	Restricted Stock	Issuer			1461	06/02/2023	Not Applicable
Common	05/09/2024	Restricted Stock	Issuer			761	05/09/2024	Not Applicable
Common	05/08/2025	Restricted Stock	Issuer			858	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

Nothing to Report

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 does ORA's Form 144 report?

It reports intended sales of restricted Common Stock. The filing lists three restricted-share lots totaling 3,080 shares dated 06/02/2023, 05/09/2024, and 05/08/2025 and names Morgan Stanley Smith Barney LLC as broker.

Does the Form 144 mean ORA shares were sold?

No; Form 144 notifies intent to sell, not completion. It signals that a holder sought broker authorization to resell restricted stock under Rule 144; execution and satisfaction of resale conditions are separate and not shown in the provided excerpt.

How many shares does the ORA filing list for resale?

The filing lists three restricted lots totaling 3,080 shares. The lots are 1,461 shares dated 06/02/2023, 761 shares dated 05/09/2024, and 858 shares dated 05/08/2025.

Who is the broker-dealer named in ORA's Form 144?

Morgan Stanley Smith Barney LLC is the listed broker-dealer. The filing provides the broker's address as 1 New York Plaza, 8th Floor, New York, NY, indicating the intermediary intended to handle any resale transactions reported in the notice.