Ormat director granted 899 restricted stock units
Wong Byron G. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Wong Byron G. reported acquisition or exercise transactions in this Form 4 filing.
Ormat Technologies director Byron G. Wong reported an equity award of 899 restricted stock units (RSUs). These RSUs were granted as compensation and carry no purchase price. Each RSU represents the right to receive one share of Ormat common stock upon vesting.
The filing states that this block of 899 RSUs will vest 100% on June 2, 2027, the one-year anniversary of the grant date. Following this grant, Wong holds 899 RSUs directly, highlighting a modest, routine alignment of his compensation with future company performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 899 | $0.00 | $0.00 |
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
Key Terms
Restricted Stock Units financial
vesting financial
grant, award, or other acquisition financial
Common Stock financial
FAQ
What insider transaction did ORA director Byron G. Wong report on Form 4?
How many restricted stock units were granted to Ormat director Byron Wong?
When do Byron Wong’s 899 Ormat RSUs reported on Form 4 vest?
What does each restricted stock unit reported by ORA’s director represent?
AI-generated analysis. How Rhea-AI works. Not financial advice.