Ormat (ORA) executive Jessica Woelfel reports planned and tax-related stock sales

Rhea-AI Filing Summary

Ormat Technologies executive Jessica Woelfel, the company's GC, CCO, and CS, reported two open-market sales of common stock. On March 2, 2026, she sold 869 shares at $104.59 per share to cover tax withholding tied to Restricted Stock Units that vested on March 1, 2026. On March 3, 2026, she sold 2,359 shares at $105.16 per share under a pre-arranged Rule 10b5-1 trading plan. After these transactions, she directly owned 3,433 Ormat shares.

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
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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)
03/02/2026

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	03/02/2026		S(1)		869	D	$104.59	5,792	D
Common Stock	03/03/2026		S(2)		2,359	D	$105.16	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 2, 2026, in order to satisfy the reporting person's tax withholding obligations in connection with the vesting of Restricted Stock Units on March 1, 2026.

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

	/s/ Jessica Woelfel	03/04/2026
	** 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.

FAQ

What insider transactions did ORA’s Jessica Woelfel report on this Form 4?

Jessica Woelfel reported two sales of Ormat common stock. She sold 869 shares at $104.59 on March 2, 2026, and 2,359 shares at $105.16 on March 3, 2026, both as open-market transactions disclosed in this Form 4 filing.

Why did ORA executive Jessica Woelfel sell shares in early March 2026?

One sale of 869 Ormat shares on March 2, 2026, covered tax withholding from recently vested Restricted Stock Units. A second sale of 2,359 shares on March 3, 2026, was executed under a pre-established Rule 10b5-1 trading plan adopted and later modified by Woelfel.

How many Ormat (ORA) shares does Jessica Woelfel own after these transactions?

After completing the reported transactions, Jessica Woelfel directly owns 3,433 shares of Ormat common stock. This reflects the remaining balance following the March 2, 2026 and March 3, 2026 open-market sales disclosed in the Form 4 insider trading report.

Were Jessica Woelfel’s ORA stock sales part of a Rule 10b5-1 plan?

Yes, the March 3, 2026 sale of 2,359 Ormat shares was executed under a Rule 10b5-1 trading plan. The plan was originally adopted on June 30, 2025 and later modified on November 25, 2025, as described in the Form 4 footnote disclosure.

Did any of Jessica Woelfel’s ORA share sales relate to tax withholding?

Yes. The March 2, 2026 sale of 869 Ormat common shares was made to satisfy tax withholding obligations. Those obligations arose from the vesting of Restricted Stock Units on March 1, 2026, and the shares were sold in the open market to cover those taxes.

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

Jessica Woelfel serves as an officer of Ormat Technologies with the titles General Counsel, Chief Compliance Officer, and Corporate Secretary. Her Form 4 filing reports personal transactions in Ormat common stock while disclosing her executive positions at the company.