Ormat director granted 899 restricted stock units
STERN STANLEY reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
STERN STANLEY reported acquisition or exercise transactions in this Form 4 filing.
ORMAT TECHNOLOGIES, INC. director Stanley Stern reported a compensation-related grant of 899 Restricted Stock Units (RSUs). Each RSU represents the right to receive one share of Ormat common stock upon vesting, so this award aligns his incentives with shareholders through future equity.
The RSU grant was made on June 2, 2026 and will vest 100% on June 2, 2027, the one-year anniversary of the grant date. Following this transaction, Stern’s reported derivative holdings from this grant total 899 RSUs, with no open‑market purchases or sales disclosed in this filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 899 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each Restricted Stock Unit (RSU) represents the right to receive one share of ORA common stock upon vesting.
- F2. This portion of RSUs will vest (100%) on June 2, 2027, the one-year anniversary of the date of grant.
Key Figures
Key Terms
Restricted Stock Units financial
RSU financial
vesting financial
Common Stock financial
FAQ
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What insider transaction did Ormat Technologies (ORA) director Stanley Stern report?
How many Ormat Technologies (ORA) RSUs were granted to director Stanley Stern?
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What is Stanley Stern’s reported position after this Ormat Technologies (ORA) RSU grant?
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