Ormat Technologies (ORA) director granted 899 Restricted Stock Units vesting in 2027

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.

Insights

Equity Compensation Analyst

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

1 transaction reported

Mixed 1 txn

Insider Marom Michal

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)

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 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.

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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).

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^*

Marom Michal

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/02/2026

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

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
Restricted Stock Units	(1)	06/02/2026		A		899		(2)	(2)	Common Stock	899	$0	899	D

Explanation of Responses:

1. Each Restricted Stock Unit (RSU) represents the right to receive one share of ORA common stock upon vesting.

2. This portion of RSUs will vest (100%) on June 2, 2027, the one-year anniversary of the date of grant.

	/s/ Jessica Woelfel, as attorney-in-fact	06/04/2026
	** 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.
* Form 4: SEC 1474 (03-26)

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.