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Ormat Technologies (ORA) director awarded 899 RSUs vesting in 2027

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

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.

Positive

  • None.

Negative

  • None.
Insider STERN STANLEY
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Units 899 $0.00 --
Holdings After Transaction: Restricted Stock Units — 899 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 899 units Restricted Stock Units granted to director on June 2, 2026
Underlying shares 899 shares Common stock deliverable upon RSU vesting
Award price $0.0000 per unit Grant/award acquisition, compensation-related
Holdings after transaction 899 RSUs Total derivative holdings from this grant following transaction
Grant date June 2, 2026 Transaction date for RSU award
Vesting date June 2, 2027 100% of RSUs vest on one-year anniversary of grant
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.
Common Stock financial
"Each Restricted Stock Unit (RSU) represents the right to receive one share of ORA common stock upon vesting."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
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Form 4 Insider Transactions: What Each Field Means →
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*
STERN STANLEY
(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)06/02/2026A899 (2) (2)Common Stock899$0899D
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Ormat Technologies (ORA) director Stanley Stern report?

Stanley Stern reported receiving a grant of 899 Restricted Stock Units as equity compensation. These RSUs give him the right to receive 899 shares of Ormat common stock upon vesting, rather than reflecting any open-market stock purchase or sale.

How many Ormat Technologies (ORA) RSUs were granted to director Stanley Stern?

He was granted 899 Restricted Stock Units. Each RSU corresponds to one share of Ormat common stock upon vesting, so the award represents potential ownership of 899 shares if vesting conditions are met and the units settle in stock.

When do Stanley Stern’s Ormat Technologies (ORA) RSUs vest?

The 899 Restricted Stock Units will vest 100% on June 2, 2027. This date is the one-year anniversary of the June 2, 2026 grant, meaning all units vest together rather than in installments over multiple years.

Did Stanley Stern buy or sell Ormat Technologies (ORA) shares on the market in this Form 4?

No, the filing reflects a grant of Restricted Stock Units, not an open-market trade. The transaction code is a compensation-related award, so there is no reported market purchase or sale of Ormat common stock here.

What is Stanley Stern’s reported position after this Ormat Technologies (ORA) RSU grant?

After the transaction, his reported derivative holdings from this grant total 899 Restricted Stock Units. These RSUs are tied to future delivery of Ormat common shares upon vesting, rather than current ownership of already-issued stock.