Ormat's Top Legal Executive Reduces Stake in Renewable Energy Giant

Rhea-AI Filing Summary

Jessica Woelfel, General Counsel, Chief Compliance Officer, and Corporate Secretary of Ormat Technologies (NYSE: ORA), reported insider sales transactions executed on June 18, 2025, pursuant to a pre-established 10b5-1 trading plan from December 2024.

The transactions involved two separate sales of common stock:

• Sale of 251 shares at $82 per share
• Sale of 313 shares at $85 per share

Following these transactions, Woelfel retains direct beneficial ownership of 5,926 shares of Ormat Technologies common stock. The sales were executed according to a predetermined trading plan, which helps demonstrate compliance with insider trading regulations and provides an affirmative defense against potential allegations of trading on material non-public information.

Insider Trade Summary

Net Seller: 564 shares ($47,187)

Net Sell 2 txns

Insider Woelfel Jessica

Role GC, CCO, and CS

Sold 564 shs ($47K)

Type	Security	Shares	Price	Value
Sale	Common Stock	251	$82.00	$21K
Sale	Common Stock	313	$85.00	$27K

Holdings After Transaction: Common Stock — 6,239 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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 NV 89511

(City) (State) (Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
06/18/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	06/18/2025		S(1)		251	D	$82	6,239	D
Common Stock	06/18/2025		S(1)		313	D	$85	5,926	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 June 18, 2025, pursuant to a 10b5-1 Plan Dated 12/02/2024.

	/s/ Jessica Woelfel	06/20/2025
	** 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.

FAQ

How many shares of ORA stock did Jessica Woelfel sell on June 18, 2025?

Jessica Woelfel sold a total of 564 shares of ORA common stock on June 18, 2025, split into two transactions: 251 shares at $82 per share and 313 shares at $85 per share.

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

Jessica Woelfel serves as General Counsel (GC), Chief Compliance Officer (CCO), and Corporate Secretary (CS) at Ormat Technologies, Inc.

Was ORA insider Jessica Woelfel's stock sale part of a pre-planned trading plan?

Yes, the stock sale was executed pursuant to a Rule 10b5-1 trading plan that was established on December 2, 2024, as indicated in the filing's explanatory notes.

How many shares of ORA stock does Jessica Woelfel own after the June 18, 2025 transactions?

Following the reported transactions, Jessica Woelfel directly owns 5,926 shares of Ormat Technologies (ORA) common stock.

What was the total value of ORA shares sold by Jessica Woelfel in this Form 4 filing?

The total value of shares sold was approximately $47,187 (251 shares at $82 per share = $20,582, plus 313 shares at $85 per share = $26,605).