STOCK TITAN

Ormat Board Member Reduces Stake While Stock Trades Near 52-Week High

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Form 4 filing reveals insider trading activity at Ormat Technologies (ORA) by Director Stanley Stern on June 20, 2025. The transaction details show:

  • Stern sold 547 shares of common stock at an average price of $85.5422 per share
  • Following the transaction, Stern directly owns 6,137 shares of Ormat Technologies
  • The sale was executed as a direct ownership transaction

The Form 4 was filed on June 28, 2025, within the required reporting timeline, and was signed by Jessica Woelfel as attorney-in-fact. No derivative securities transactions were reported in this filing. This insider sale represents a relatively small adjustment to Stern's holdings in the company.

Positive

  • None.

Negative

  • None.
Insider STERN STANLEY
Role Director
Sold 547 shs ($47K)
Type Security Shares Price Value
Sale Common Stock 547 $85.5422 $47K
Holdings After Transaction: Common Stock — 6,137 shares (Direct)
Footnotes (1)
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
STERN STANLEY

(Last) (First) (Middle)
C/O ORMAT TECHNOLOGIES, INC.
6884 SIERRA CENTER PARKWAY

(Street)
RENO NV 89511

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ORMAT TECHNOLOGIES, INC. [ ORA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/20/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/20/2025 S 547 D $85.5422 6,137 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
/s/ Jessica Woelfel - as attorney-in-fact 06/24/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many shares of ORA stock did Director Stanley Stern sell on June 20, 2025?

According to the Form 4 filing, Director Stanley Stern sold 547 shares of Ormat Technologies (ORA) common stock on June 20, 2025.

What was the sale price of ORA shares in Stanley Stern's June 2025 transaction?

Director Stanley Stern sold the ORA shares at a price of $85.5422 per share.

How many shares of ORA does Stanley Stern own after the June 2025 transaction?

Following the reported transaction, Stanley Stern directly owns 6,137 shares of Ormat Technologies (ORA) stock.

What is Stanley Stern's position at Ormat Technologies (ORA)?

According to the Form 4 filing, Stanley Stern serves as a Director of Ormat Technologies (ORA). This is indicated by the 'X' marked in the Director box under Section 5 of the form.

Does Stanley Stern own ORA shares directly or indirectly?

Stanley Stern owns his ORA shares directly, as indicated by the 'D' (Direct) ownership form listed in Column 6 of Table I in the Form 4 filing.