Ormat Technologies (ORA) director awarded 899 RSUs vesting June 2, 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Barniv Ravit reported acquisition or exercise transactions in this Form 4 filing.
ORMAT TECHNOLOGIES, INC. director Ravit Barniv received a grant of 899 Restricted Stock Units, each representing one share of ORA common stock upon vesting. The entire RSU award is scheduled to vest 100% on June 2, 2027, one year after the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Barniv Ravit
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)
- 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: 899 units
Underlying common shares: 899 shares
Vesting date: June 2, 2027
+2 more
5 metrics
RSUs granted
899 units
Restricted Stock Units granted to director Ravit Barniv
Underlying common shares
899 shares
One ORA common share per RSU upon vesting
Vesting date
June 2, 2027
RSUs vest 100% on one-year anniversary of grant
Price per RSU
$0.00
No exercise or purchase price for RSU grant
Holdings after grant
899 RSUs
Total Restricted Stock Units following this transaction
Key Terms
Restricted Stock Units, RSU, vesting, vest
4 terms
Restricted Stock Units financial
"Each Restricted Stock Unit (RSU) represents the right to receive one share"
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"
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
"represents the right to receive one share of ORA common stock upon vesting"
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.
vest financial
"This portion of RSUs will vest (100%) on June 2, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did ORA director Ravit Barniv report on this Form 4?
Ravit Barniv reported receiving 899 Restricted Stock Units in ORMAT TECHNOLOGIES, INC. Each RSU represents one share of ORA common stock upon vesting, reflecting a stock-based award rather than an open-market purchase or sale.
How many Restricted Stock Units did Ravit Barniv receive from ORMAT TECHNOLOGIES (ORA)?
Ravit Barniv received 899 Restricted Stock Units from ORMAT TECHNOLOGIES, INC. These RSUs correspond to 899 underlying shares of common stock, which will be delivered only if the units vest under the stated vesting schedule.
When do the granted ORA Restricted Stock Units to Ravit Barniv vest?
The granted RSUs to Ravit Barniv will vest 100% on June 2, 2027. This date is the one-year anniversary of the grant date specified in the filing, meaning the entire award vests in a single tranche at that time.
What does each ORA Restricted Stock Unit granted to Ravit Barniv represent?
Each Restricted Stock Unit represents the right to receive one share of ORMAT TECHNOLOGIES, INC. common stock upon vesting. No purchase price is required per unit, so shares are issued if and when the vesting condition is satisfied.