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Ormat Technologies (ORA) director Angel Isaac awarded 1,245 RSUs vesting 2027

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

Rhea-AI Filing Summary

Angel Isaac reported acquisition or exercise transactions in this Form 4 filing.

ORMAT TECHNOLOGIES, INC. reported that director Angel Isaac received a grant of 1,245 Restricted Stock Units (RSUs) on June 2, 2026. Each RSU represents the right to receive one share of Ormat common stock when it vests.

The entire RSU grant is scheduled to vest 100% on June 2, 2027, the one-year anniversary of the grant date. Following this grant, Isaac holds 1,245 RSUs directly. This is a compensation-related equity award, not an open‑market share purchase or sale.

Positive

  • None.

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  • None.
Insider Angel Isaac
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Units 1,245 $0.00 --
Holdings After Transaction: Restricted Stock Units — 1,245 shares (Direct, null)
Footnotes (1)
  1. Each Restricted Stock Unit (RSU) represents the right to receive one share of ORA common stock upon vesting. This portion of RSUs will vest (100%) on June 2, 2027, the one-year anniversary of the date of grant.
RSUs granted 1,245 units Restricted Stock Units granted to director Angel Isaac on June 2, 2026
RSU price $0.0000 per unit Grant/award acquisition, no purchase price paid
Underlying common shares 1,245 shares Each RSU represents one share of Ormat common stock
Vesting date June 2, 2027 100% of this RSU portion vests on the one-year anniversary of grant
RSUs held after grant 1,245 units Total Restricted Stock Units directly held following the reported transaction
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.
vesting financial
"This portion of RSUs will vest (100%) on June 2, 2027, the one-year anniversary of the date of grant."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Grant, award, or other acquisition financial
"Transaction code A described as Grant, award, or other acquisition for RSUs."
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SEC Form 4
FORM 4UNITED 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*
Angel Isaac

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

(Street)
RENO NEVADA 89511

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ORMAT TECHNOLOGIES, INC. [ ORA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/02/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)06/02/2026A1,245 (2) (2)Common Stock1,245$01,245D
Explanation of Responses:
1. Each Restricted Stock Unit (RSU) represents the right to receive one share of ORA common stock upon vesting.
2. This portion of RSUs will vest (100%) on June 2, 2027, the one-year anniversary of the date of grant.
/s/ Jessica Woelfel, as attorney-in-fact06/04/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Ormat Technologies (ORA) disclose for Angel Isaac?

Ormat disclosed that director Angel Isaac received a grant of 1,245 Restricted Stock Units. These equity awards are part of compensation and give him the right to receive Ormat common shares when the units vest, rather than reflecting an open-market stock purchase.

How many Restricted Stock Units did Ormat director Angel Isaac receive?

Angel Isaac received 1,245 Restricted Stock Units. Each RSU corresponds to one share of Ormat common stock upon vesting, so the grant represents potential future ownership of 1,245 shares if vesting conditions are met and the units settle in stock.

When do Angel Isaac’s Ormat (ORA) RSUs vest according to the filing?

The filing states that 100% of this portion of RSUs will vest on June 2, 2027. That date is the one-year anniversary of the June 2, 2026 grant, after which Isaac becomes entitled to receive Ormat common shares for these units.

Does Angel Isaac have to pay a purchase price for the 1,245 Ormat RSUs?

No, the transaction shows a price per unit of $0.0000, indicating a compensation grant, not a purchase. RSUs are typically awarded at no cost, with value realized when they vest and convert into common shares, subject to any applicable taxes.

How many Ormat RSUs does Angel Isaac hold after this Form 4 transaction?

After this grant, Angel Isaac holds 1,245 Restricted Stock Units directly. The filing shows total derivative securities following the transaction equal to 1,245 RSUs, all tied to Ormat common stock on a one-to-one basis upon vesting and settlement.

Is Angel Isaac’s Ormat RSU grant an open-market stock trade?

No, the Form 4 identifies the transaction as a grant or award acquisition coded “A,” not an open-market buy or sell. It is a compensation-related award of RSUs, which may later convert into shares when the units vest under the specified schedule.