Ormat Technologies (ORA) director awarded 899 new restricted stock units

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

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.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Wong Byron G.

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 RSUs vesting date: June 2, 2027 RSU-to-share ratio: 1 share per RSU +1 more

4 metrics

RSUs granted 899 units Grant on June 2, 2026 to director Byron G. Wong

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

RSU-to-share ratio 1 share per RSU Each RSU converts into one Ormat common share upon vesting

Post-grant RSU holdings 899 units Total restricted stock units held directly after the transaction

Key Terms

Restricted Stock Units, vesting, grant, award, or other acquisition, Common Stock

4 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.

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.

grant, award, or other acquisition financial

"Transaction code A is described as Grant, award, or other acquisition"

Common Stock financial

"Each RSU represents the right to receive one share of ORA 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 →

06/04/2026 - 07:14 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^*

Wong Byron G.

(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 Byron G. Wong report on Form 4?

Byron G. Wong reported receiving 899 restricted stock units as equity compensation. Each unit converts into one share of Ormat Technologies common stock when it vests. This award vests fully on June 2, 2027, and reflects a routine director compensation grant.

How many restricted stock units were granted to Ormat director Byron Wong?

Byron Wong was granted 899 restricted stock units according to the Form 4 filing. These RSUs are derivative securities that convert into Ormat common shares upon vesting, giving him the right to receive 899 shares if the vesting conditions are satisfied.

When do Byron Wong’s 899 Ormat RSUs reported on Form 4 vest?

The 899 restricted stock units vest 100% on June 2, 2027. This date is described as the one-year anniversary of the grant, meaning the entire award becomes deliverable in common shares at once rather than in installments over multiple years.

What does each restricted stock unit reported by ORA’s director represent?

Each restricted stock unit represents the right to receive one share of Ormat Technologies common stock upon vesting. The Form 4 footnotes clarify this one-for-one relationship, so 899 RSUs correspond to 899 potential common shares if all vesting conditions are met.

Is Byron Wong’s Form 4 transaction a market purchase or sale of ORA shares?

The transaction is a grant of 899 restricted stock units, not a market purchase or sale. The Form 4 uses code “A” for a grant, award, or other acquisition and shows a price of zero, indicating compensation rather than an open-market stock trade.