Ormat Technologies (ORA) director converts 1,766 RSUs into common stock holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ORMAT TECHNOLOGIES, INC. director Karin Corfee exercised Restricted Stock Units that vested into 1,766 shares of common stock. These RSUs represented the right to receive one common share per unit, and on May 7, 2026, 100% of the units vested. Following this conversion, Corfee holds 6,427 common shares directly. The filing shows no open-market purchases or sales, only the vesting and settlement of equity compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,766 shares exercised/converted
Mixed
2 txns
Insider
Corfee Karin
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,766 | $0.00 | -- |
| Exercise | Common Stock | 1,766 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 6,427 shares (Direct, null)
Footnotes (1)
- Each Restricted Stock Unit ("RSU") represents the right to receive one share of ORA common stock upon vesting. On May 7, 2026, the first-year anniversary of the grant, 100% of the Restricted Stock Units vested.
Key Figures
RSUs exercised: 1,766 units
Common shares received: 1,766 shares
Shares held after transaction: 6,427 shares
+2 more
5 metrics
RSUs exercised
1,766 units
Restricted Stock Units converted into common stock on May 7, 2026
Common shares received
1,766 shares
Shares issued upon RSU vesting and conversion
Shares held after transaction
6,427 shares
Director’s direct common stock holdings following RSU settlement
Transaction code
M
Exercise or conversion of derivative security as reported in Form 4
Exercise price per RSU
$0.00
RSUs converted with reported price per unit of 0.0000
Key Terms
Restricted Stock Units, RSU, derivative security
3 terms
Restricted Stock Units financial
"Each Restricted Stock Unit ("RSU") represents the right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSU financial
"Each Restricted Stock Unit ("RSU") represents the right to receive one share"
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transaction did ORA director Karin Corfee report on this Form 4?
Karin Corfee reported the vesting and exercise of 1,766 Restricted Stock Units into Ormat Technologies common stock. Each RSU converted into one share upon vesting, reflecting routine equity compensation rather than an open-market trade or discretionary stock purchase.
What do the Restricted Stock Units in the ORA Form 4 represent?
Each Restricted Stock Unit represents the right to receive one share of Ormat Technologies common stock upon vesting. On May 7, 2026, 100% of these RSUs vested, triggering their conversion into 1,766 shares held directly by director Karin Corfee.