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Ormat Technologies (ORA) 2026 meeting: directors elected, pay and auditor approved

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
8-K

Rhea-AI Filing Summary

Ormat Technologies, Inc. reported results from its 2026 annual meeting of stockholders. Stockholders elected eight directors to serve until the 2027 annual meeting, with each nominee receiving more votes for than against; for example, Byron G. Wong received 49,896,718 votes for and 255,572 against.

Stockholders also approved, on a non-binding advisory basis, the compensation of the company’s named executive officers, with 47,012,094 votes for and 3,103,710 against, plus 55,778 abstentions and 1,206,958 broker non-votes. In addition, they ratified the appointment of Kesselman & Kesselman as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 51,202,458 votes for, 92,147 against, and 83,935 abstentions.

Positive

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Negative

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Item 5.07 Submission of Matters to a Vote of Security Holders Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Votes for executive compensation 47,012,094 votes Advisory say-on-pay proposal at 2026 annual meeting
Votes for auditor ratification 51,202,458 votes Ratification of Kesselman & Kesselman for FY ending Dec 31, 2026
Broker non-votes on say-on-pay 1,206,958 votes Non-binding advisory vote on executive compensation
Director votes for Byron G. Wong 49,896,718 votes Election of directors at 2026 annual meeting
Director votes for Isaac Angel 48,787,627 votes Election of directors at 2026 annual meeting
non-binding, advisory vote financial
"The stockholders approved, in a non-binding, advisory vote, the compensation paid"
broker non-votes financial
"Votes For | Votes Against | Votes Abstained | Broker Non-Votes"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
independent registered public accounting firm financial
"as the Company’s independent registered public accounting firm for the fiscal year"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
ratified the appointment financial
"The stockholders ratified the appointment of Kesselman & Kesselman"
annual meeting of stockholders financial
"Stockholders voted on the following three proposals at the Company’s 2026 Annual Meeting"
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Understanding 8-K Material Events →
false 0001296445 0001296445 2026-06-04 2026-06-04
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
 
WASHINGTON, D.C. 20549
 
 
FORM 8-K
 
 
CURRENT REPORT
Pursuant to Section 13 OR 15(d)
of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported): June 4, 2026
 
Ormat Technologies, Inc.
 
 
(Exact Name of Registrant as Specified in Its Charter)
 
 
Delaware
001-32347
No. 88-0326081
(State or Other Jurisdiction of Incorporation)
(Commission File Number)
(I.R.S. Employer Identification No.)
6884 Sierra Center Pkwy, Reno, Nevada
  
89511
(Address of Principal Executive Offices)
  
(Zip Code)
 
(775) 356-9029
(Registrant’s Telephone Number, Including Area Code)
 
Not Applicable
 
(Former Name or Former Address, if Changed Since Last Report)
 
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Securities registered pursuant to Section 12(b) of the Exchange Act:
 
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Shares
ORA 
NYSE 
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
 
Emerging growth company ☐
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 (a) of the Exchange Act.☐
 
 
 
 
Item 5.07 
Submission of Matters to a Vote of Security Holders.
 
Stockholders voted on the following three proposals at the Company’s 2026 Annual Meeting. For more information on the following proposals submitted to stockholders, see the 2026 Proxy Statement. The results of the votes were as follows:
 
 
Proposal 1 - Election of Directors
The stockholders elected the following eight individuals to the Board to serve as directors until the 2027 annual meeting of stockholders and until their successors have been duly elected and qualified or until the earlier of their death, resignation, retirement, disqualification or removal from office:
 
Votes For
Votes Against
Votes Abstained
Broker Non-Votes
Isaac Angel
48,787,627
1,364,629
19,326
1,206,958
Ravit Barniv
49,900,416
251,992
19,174
1,206,958
Karin Corfee
49,796,002
357,102
18,478
1,206,958
David Granot
48,767,280
1,385,638
18,664
1,206,958
Michal Marom
47,481,759
2,670,000
19,823
1,206,958
Dafna Sharir
48,635,863
1,510,070
25,649
1,206,958
Stanley B. Stern
48,713,601
1,439,644
18,337
1,206,958
Byron G. Wong
49,896,718
255,572
19,292
1,206,958
 
Proposal 2 – Approval of the Compensation of our Named Executive Officers on an Advisory Basis
The stockholders approved, in a non-binding, advisory vote, the compensation paid to the Company’s named executive officers.
 
Votes For
Votes Against
Votes Abstained
Broker Non-Votes
 
47,012,094
3,103,710
55,778
1,206,958
 
Proposal 3 – Ratification of Appointment of Kesselman & Kesselman for 2025.
The stockholders ratified the appointment of Kesselman & Kesselman, a member of PricewaterhouseCoopers International Limited, as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.
 
Votes For
Votes Against
Votes Abstained
  
 
51,202,458
92,147
83,935
  
 
 
 
 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 ORMAT TECHNOLOGIES, INC.
By:
/s/ Doron Blachar
Name: Doron Blachar
Title: Chief Executive Officer

                           
Date: June 4, 2026
 
 
 
 

Source: View Original Filing on SEC EDGAR

FAQ

What did Ormat Technologies (ORA) stockholders decide at the 2026 annual meeting?

Stockholders elected eight directors, approved executive compensation on an advisory basis, and ratified Kesselman & Kesselman as independent auditor for the fiscal year ending December 31, 2026. All proposals received more votes for than against.

Were Ormat Technologies (ORA) director nominees elected at the 2026 meeting?

Yes. Eight nominees, including Isaac Angel and Byron G. Wong, were elected to the board to serve until the 2027 annual meeting. Each nominee received a majority of votes cast in favor, with additional broker non-votes recorded.

How did Ormat Technologies (ORA) stockholders vote on executive compensation in 2026?

Stockholders approved the compensation of named executive officers in a non-binding advisory vote. There were 47,012,094 votes for, 3,103,710 against, 55,778 abstentions, and 1,206,958 broker non-votes, indicating overall support for the pay program.

Which audit firm did Ormat Technologies (ORA) stockholders ratify for the 2026 fiscal year?

Stockholders ratified Kesselman & Kesselman, a member of PricewaterhouseCoopers International Limited, as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 51,202,458 votes for, 92,147 against, and 83,935 abstentions.

What are broker non-votes in the Ormat Technologies (ORA) 2026 voting results?

Broker non-votes occur when brokers submit proxies but do not have authority to vote on certain proposals. In Ormat’s 2026 meeting, 1,206,958 broker non-votes were recorded on director elections and the executive compensation advisory proposal.

Filing Exhibits & Attachments

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