Ormat director exercises 1,766 RSUs into shares
Ormat Technologies director David Granot exercised restricted stock units into common shares.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Ormat Technologies director David Granot exercised restricted stock units into common shares. On May 7, 2026, he converted 1,766 Restricted Stock Units into 1,766 shares of Ormat common stock at a stated price of $0.00 per share, reflecting routine equity compensation vesting. Following this transaction, Granot directly holds 3,407 shares of Ormat common stock. The filing shows no open‑market purchases or sales, only the vesting and settlement of previously granted RSUs, which is a standard form of non-cash director compensation.
Insider Trade Summary
1,766 shares exercised/converted
Exercise
2 txns
Insider
Granot David
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,766 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,766 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Common Stock — 3,407 shares (Direct)
Footnotes (2)
- F1. Each Restricted Stock Unit ("RSU") represents the right to receive one share of ORA common stock upon vesting.
- F2. 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
Share holdings after transaction: 3,407 shares
+2 more
5 metrics
RSUs exercised
1,766 units
Restricted Stock Units converted to common stock on May 7, 2026
Common shares received
1,766 shares
Shares issued upon RSU vesting and exercise
Share holdings after transaction
3,407 shares
Director’s direct common stock holdings following RSU conversion
Exercise price per share
$0.00 per share
Stated transaction price for RSU conversion
Exercise/vesting date
May 7, 2026
First anniversary of the RSU grant when 100% vested
Key Terms
Restricted Stock Units, RSU, derivative security, Form 4
4 terms
Restricted Stock Units financial
"Each Restricted Stock Unit ("RSU") represents the right to receive one share of ORA common stock upon vesting."
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 of ORA common stock upon vesting."
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.
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Ormat Technologies (ORA) report for David Granot?
Ormat Technologies reported that director David Granot exercised 1,766 Restricted Stock Units into 1,766 shares of common stock. This reflects vesting of previously granted equity compensation, with no open-market buying or selling indicated in the filing.
What are the terms of the Restricted Stock Units reported for Ormat Technologies (ORA)?
Each Restricted Stock Unit represents the right to receive one Ormat common share upon vesting. According to the footnotes, 100% of these RSUs vested on May 7, 2026, the first anniversary of the grant, triggering the share issuance reported.
Is the May 7, 2026 Form 4 for Ormat Technologies (ORA) a routine compensation event?
Yes, the Form 4 reflects a routine compensation event. It shows director equity awards vesting and converting into 1,766 common shares, with no indication of discretionary buying or selling activity in the open market by the reporting person.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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