Ormat director granted 899 RSUs in new Form 4
Marom Michal reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Marom Michal reported acquisition or exercise transactions in this Form 4 filing.
ORMAT TECHNOLOGIES, INC. director Michal Marom received a grant of 899 Restricted Stock Units on June 2, 2026. Each RSU represents one share of ORA common stock upon vesting. This entire RSU grant is scheduled to vest 100% on June 2, 2027, and Marom now holds 899 RSUs directly.
Positive
- None.
Negative
- None.
Insights
Director received 899 RSUs as routine equity compensation.
Director Michal Marom was granted 899 Restricted Stock Units tied to ORA common stock. RSUs are a common form of non-cash compensation that align a director’s interests with shareholders by delivering stock upon vesting.
This grant vests in full on June 2, 2027, one year after the grant date. There were no open-market purchases or sales in this filing, making it a routine compensation event rather than a trading signal for investors.
Insider Trade Summary
Grant/Award: 899 shares
Grant/Award
1 txn
Insider
Marom Michal
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 899 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 899 contracts (Direct)
Footnotes (2)
- F1. Each Restricted Stock Unit (RSU) represents the right to receive one share of ORA common stock upon vesting.
- F2. 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 RSUs
Underlying shares: 899 shares
Grant price: $0.00 per unit
+2 more
5 metrics
RSUs granted
899 RSUs
Grant to director on June 2, 2026
Underlying shares
899 shares
ORA common stock underlying RSU grant
Grant price
$0.00 per unit
RSU grant acquisition price
Vesting date
June 2, 2027
100% of RSUs vest on this date
RSUs after transaction
899 RSUs
Total RSUs held directly after grant
Key Terms
Restricted Stock Units, RSU, vesting, Common Stock
4 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units""
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
"This portion of RSUs will vest (100%) on June 2, 2027"
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
"underlying_security_title: "Common Stock""
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.
FAQ
What equity award did ORA director Michal Marom receive in this Form 4?
Director Michal Marom received a grant of 899 Restricted Stock Units tied to ORA common stock. These RSUs are a form of stock-based compensation that convert into shares when vesting conditions are met, aligning director incentives with shareholder outcomes over time.
When do Michal Marom’s 899 ORA Restricted Stock Units vest?
The 899 ORA Restricted Stock Units vest 100% on June 2, 2027. This date is the one-year anniversary of the June 2, 2026 grant. Once vested, each RSU entitles the director to receive one share of ORA common stock, subject to company procedures.
Does this ORA Form 4 show any stock being bought or sold?
No, this Form 4 reports only an RSU grant, not open-market trades. The 899 Restricted Stock Units were awarded as compensation at a price of $0.00 per unit and will convert into common shares upon vesting, without indicating a buy or sell decision.
How many ORA Restricted Stock Units does Michal Marom hold after this grant?
After the reported transaction, Michal Marom holds 899 Restricted Stock Units directly. These RSUs correspond to 899 underlying shares of ORA common stock upon vesting, providing future equity exposure instead of immediate stock ownership at the time of the grant.
What does each ORA Restricted Stock Unit represent for Michal Marom?
Each Restricted Stock Unit represents the right to receive one share of ORA common stock when it vests. For this grant, all 899 RSUs are scheduled to vest on June 2, 2027, effectively converting into 899 shares if standard vesting conditions are satisfied.
AI-generated analysis. How Rhea-AI works. Not financial advice.
