Ormat Technologies (ORA) director Angel Isaac awarded 1,245 RSUs vesting 2027
Filing Impact
Filing Sentiment
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.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
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)
- 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.
Key Figures
RSUs granted: 1,245 units
RSU price: $0.0000 per unit
Underlying common shares: 1,245 shares
+2 more
5 metrics
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
Key Terms
Restricted Stock Units, RSU, vesting, Grant, award, or other acquisition
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.
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."
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.