Ormat Director's Stock Sale Disclosure Updated: Holdings Revised to 1,641 Shares
Rhea-AI Filing Summary
This Form 4/A is an amendment to a previously filed Form 4 for David Granot, a Director of Ormat Technologies (NYSE: ORA), correcting an administrative error in the reported beneficial ownership following a stock transaction.
Key details of the filing:
- Transaction Date: June 18, 2025
- Transaction: Sale of 1,072 shares of common stock at $85 per share
- Post-transaction Holdings: 1,641 shares (corrected from previously reported 2,479 shares)
- Filing Type: Direct ownership
The amendment was filed on June 28, 2025, correcting the Form 4 originally filed on June 20, 2025. The correction specifically addresses Box 5 (Amount of Securities Beneficially Owned) which was incorrectly reported due to an administrative error. The filing was signed by Jessica Woelfel as attorney-in-fact.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,072 shares
Net Sell
1 txn
Insider
Granot David
Role
Director
Sold
1,072 shs ($91K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,072 | $85.00 | $91K |
Holdings After Transaction:
Common Stock — 1,641 shares (Direct)
Footnotes (1)
- F1. The Reporting Person is amending the Form 4 filed on June 20, 2025, which, due to administrative error, inadvertently reported the Amount of Securities Beneficially Owned (Box 5) as 2,479 rather than the true and correct amount of 1,641.
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FAQ
What insider transaction occurred at ORA on June 18, 2025?
Director David Granot sold 1,072 shares of Ormat Technologies (ORA) common stock at a price of $85 per share on June 18, 2025.
Why did ORA file a Form 4/A amendment on June 28, 2025?
ORA filed the Form 4/A to correct an administrative error in the original Form 4 filed on June 20, 2025. The amendment corrected the Amount of Securities Beneficially Owned following the transaction from an incorrectly reported 2,479 shares to the true and correct amount of 1,641 shares.