Ormat Technologies (ORA) director receives 899 RSU grant as stock compensation

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Corfee Karin reported acquisition or exercise transactions in this Form 4 filing.

ORMAT TECHNOLOGIES, INC. director Karin Corfee received a grant of 899 Restricted Stock Units as equity compensation. Each RSU represents the right to receive one share of ORA common stock upon vesting. This entire RSU grant will vest 100% on June 2, 2027, and Corfee now holds 899 RSUs following the award.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Corfee Karin

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)

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 units RSU-to-share ratio: 1:1 Vesting date: June 2, 2027 +2 more

5 metrics

RSUs granted 899 units Grant to director Karin Corfee

RSU-to-share ratio 1:1 Each RSU equals one ORA common share upon vesting

Vesting date June 2, 2027 100% of RSUs vest on this date

Holdings after grant 899 RSUs Total Restricted Stock Units following transaction

Grant price per RSU $0.0000 Equity award, not a cash purchase

Key Terms

Restricted Stock Units, RSU, vesting

3 terms

Restricted Stock Units financial

"Each Restricted Stock Unit (RSU) represents the right to receive one share"

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.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Form 4 Insider Transactions: What Each Field Means →

06/04/2026 - 07:09 PM

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^*

Corfee Karin

(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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did ORA director Karin Corfee report on this Form 4?

Karin Corfee reported receiving 899 Restricted Stock Units as an equity award. These RSUs are a form of stock-based compensation and do not involve an open-market share purchase or sale, but they can convert into common shares once the vesting conditions are met.

How many Restricted Stock Units did Karin Corfee receive from Ormat Technologies (ORA)?

Karin Corfee received 899 Restricted Stock Units from Ormat Technologies. Each unit represents the right to receive one share of ORA common stock upon vesting, giving her potential future ownership of 899 shares if all units vest and are settled in stock.

When do Karin Corfee’s 899 RSUs from Ormat Technologies vest?

The 899 RSUs granted to Karin Corfee vest 100% on June 2, 2027. This vesting date is the one-year anniversary of the grant date specified in the filing, after which the units can convert into ORA common stock, subject to plan terms.

What does each ORA Restricted Stock Unit represent in Karin Corfee’s award?

Each Restricted Stock Unit in Karin Corfee’s award represents the right to receive one share of Ormat Technologies common stock. Once the RSUs vest, they can be settled in shares under the company’s equity plan, aligning director compensation with shareholder interests.

Did Karin Corfee buy or sell Ormat Technologies (ORA) shares on the market?

Karin Corfee did not buy or sell ORA shares on the open market in this filing. She received a grant of 899 RSUs as compensation, which is classified as an acquisition through a grant or award rather than a market purchase or sale.