Director at Ormat Technologies (NYSE: ORA) sells 577 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ormat Technologies director Stanley Stern sold shares in a routine open-market transaction. On May 15, 2026, he sold 577 shares of Ormat Technologies common stock at a price of $130.17 per share. After this sale, he directly holds 6,050 common shares, indicating he retains a substantial position despite the relatively small disposition.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 577 shares ($75,108)
Net Sell
1 txn
Insider
STERN STANLEY
Role
null
Sold
577 shs ($75K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 577 | $130.17 | $75K |
Holdings After Transaction:
Common Stock — 6,050 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 577 shares
Sale price: $130.17 per share
Shares held after sale: 6,050 shares
3 metrics
Shares sold
577 shares
Open-market sale on May 15, 2026
Sale price
$130.17 per share
Open-market sale of common stock
Shares held after sale
6,050 shares
Direct ownership following the transaction
Key Terms
open-market sale, Common Stock, Form 4, transaction code
4 terms
open-market sale financial
"Represents shares of common stock sold in the open market on May 15, 2026."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"Represents shares of common stock sold in the open market on May 15, 2026."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
transaction code regulatory
"transaction_code_description": "Sale in open market or private transaction""
FAQ
What insider transaction did Ormat Technologies (ORA) report on this Form 4?
Ormat Technologies reported that director Stanley Stern executed an open-market sale of 577 shares of common stock. The transaction occurred on May 15, 2026 at a price of $130.17 per share, reflecting a relatively small adjustment to his overall holdings.
Was the Ormat Technologies (ORA) insider transaction a buy or a sell?
The insider transaction was a sell. Director Stanley Stern carried out an open-market sale of 577 Ormat Technologies common shares at $130.17 per share on May 15, 2026, according to the Form 4 filing’s transaction code and description.
What type of security was involved in the Ormat Technologies (ORA) insider sale?
The transaction involved Ormat Technologies common stock. Director Stanley Stern sold 577 common shares in an open-market sale at $130.17 per share on May 15, 2026, and now directly owns 6,050 common shares after the trade.