Ormat Technologies (ORA) GC sells 3,927 shares in 10b5-1 and tax-related trades

Rhea-AI Filing Summary

Ormat Technologies, Inc. general counsel, chief compliance officer, and corporate secretary Jessica Woelfel reported open-market sales of a total of 3,927 shares of common stock. The transactions occurred on March 25–26, 2026 at prices around $107–$110 per share.

Part of the March 25 activity was an automatic sell-to-cover transaction mandated by an award agreement to satisfy tax withholding on restricted stock units that vested on March 21, 2026. The remaining sales on March 25 and March 26 were executed under a pre-arranged Rule 10b5-1 trading plan adopted on June 30, 2025 and modified on November 25, 2025.

Following these sales, Woelfel directly holds 3,433 shares of Ormat common stock.

SEC Form 4

FORM 4

UNITED 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).

X

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^*

Woelfel Jessica

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	GC, CCO, and CS

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/25/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/25/2026		S(1)		427	D	$107.37	6,933	D
Common Stock	03/25/2026		S(2)		834	D	$110.37	6,099	D
Common Stock	03/26/2026		S(3)		2,666	D	$110.39	3,433	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares of common stock sold in the open market on March 25, 2026, pursuant to a 10b5-1 Plan adopted by the reporting person on 06/30/2025, Modified 11/25/2025.

2. Represents shares of common stock sold in the open market on March 25, 2026, as part of an automatic sell-to-cover transaction, which was non-discretionary and mandated by the applicable award agreement, in order to satisfy the reporting person's tax withholding obligations in connection with the vesting of restricted stock units on March 21, 2026.

3. Represents shares of common stock sold in the open market on March 26, 2026, pursuant to a 10b5-1 Plan adopted by the reporting person on 06/30/2025, Modified 11/25/2025.

	/s/ Jessica Woelfel	03/26/2026
	** Signature of Reporting Person	Date
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) report for Jessica Woelfel?

Ormat Technologies reported that executive Jessica Woelfel sold 3,927 shares of common stock. The transactions were open-market sales over two days, including an automatic sell-to-cover for tax withholding and sales under a pre-arranged Rule 10b5-1 trading plan.

On what dates did Ormat’s Jessica Woelfel sell ORA shares and at what prices?

Jessica Woelfel sold Ormat common shares on March 25 and March 26, 2026. Reported sale prices were approximately $107.37, $110.37, and $110.39 per share, reflecting routine open-market transactions over a narrow trading range during those two days.

How many Ormat (ORA) shares did Jessica Woelfel sell and how many does she still hold?

Jessica Woelfel sold a total of 3,927 Ormat common shares in these reported transactions. After completing the sales, she directly holds 3,433 shares of Ormat Technologies common stock, as disclosed in the filing’s post-transaction ownership figures.

Were Jessica Woelfel’s ORA share sales under a Rule 10b5-1 trading plan?

Yes. The Form 4 notes that sales on March 25 and March 26, 2026 were executed under a Rule 10b5-1 trading plan. The plan was adopted on June 30, 2025 and modified on November 25, 2025, indicating pre-planned, systematic selling activity.

What is the tax-related component of Jessica Woelfel’s Ormat (ORA) stock sales?

Part of the March 25, 2026 sales was an automatic sell-to-cover transaction. This non-discretionary sale was mandated by an award agreement to cover tax withholding obligations arising from the vesting of restricted stock units on March 21, 2026.

What role does Jessica Woelfel hold at Ormat Technologies (ORA)?

Jessica Woelfel serves as Ormat Technologies’ general counsel, chief compliance officer, and corporate secretary. The Form 4 identifies these executive roles while detailing her recent open-market sales and resulting ownership of Ormat common stock.