Ormat Technologies (ORA) director adds 2,445 shares as RSUs fully vest

Rhea-AI Filing Summary

ORMAT TECHNOLOGIES, INC. director Angel Isaac exercised restricted stock units that vested into common shares. On May 7, 2026, 2,445 restricted stock units converted into 2,445 shares of common stock at a stated price of $0.00 per share. Following this vesting, Isaac directly holds 32,095 shares of Ormat common stock.

Insider Trade Summary

2,445 shares exercised/converted

Mixed 2 txns

Insider Angel Isaac

Role null

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	2,445	$0.00	--
Exercise	Common Stock	2,445	$0.00	--

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock — 32,095 shares (Direct, null)

Footnotes (1)

1. Each Restricted Stock Unit ("RSU") represents the right to receive one share of ORA common stock upon vesting. On May 7, 2026, the first-year anniversary of the grant, 100% of the Restricted Stock Units vested.

Key Figures

RSUs exercised: 2,445 units Shares received: 2,445 shares Post-transaction holdings: 32,095 shares +1 more

4 metrics

RSUs exercised 2,445 units Restricted Stock Units converted into common stock on May 7, 2026

Shares received 2,445 shares Common Stock acquired from RSU vesting on May 7, 2026

Post-transaction holdings 32,095 shares Common Stock directly owned by Angel Isaac after transaction

RSU conversion price $0.00 per unit Stated conversion price for Restricted Stock Units

Key Terms

Restricted Stock Units, derivative security, Common Stock

3 terms

Restricted Stock Units financial

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

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.

derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

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.

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^*

Angel Isaac

(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)
05/07/2026

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
Common Stock	05/07/2026		M(1)(2)		2,445	A	$0	32,095	D

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)	05/07/2026		M			2,445	(2)	(2)	Common Stock	2,445	$0	0	D

Explanation of Responses:

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

2. On May 7, 2026, the first-year anniversary of the grant, 100% of the Restricted Stock Units vested.

	/s/ Jessica Woelfel, as attorney-in-fact	05/11/2026
	** 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 insider transaction did Ormat Technologies (ORA) director Angel Isaac report?

Angel Isaac reported an acquisition through vesting of restricted stock units. On May 7, 2026, 2,445 RSUs converted into 2,445 shares of Ormat common stock, increasing Isaac’s directly held position to 32,095 shares after the transaction.

Was the Ormat Technologies (ORA) insider transaction a market purchase or sale?

The transaction was not an open-market buy or sell. It was an exercise and vesting of 2,445 restricted stock units into common shares at a stated price of $0.00 per share, reflecting equity compensation rather than a discretionary trade in the market.

How many Ormat Technologies (ORA) shares does Angel Isaac own after this Form 4?

After the reported vesting, Angel Isaac directly holds 32,095 shares of Ormat common stock. This total reflects the addition of 2,445 shares received from the conversion of restricted stock units that fully vested on May 7, 2026, the grant’s first anniversary.

What happened to the restricted stock units reported by Ormat Technologies (ORA) director?

All 2,445 restricted stock units vested and were converted into common stock. The derivative position in those RSUs went to zero, with the units now represented entirely as 2,445 additional shares of Ormat common stock held directly by Angel Isaac after the transaction.

Does the Ormat Technologies (ORA) Form 4 show any tax withholding or share sales?

The Form 4 does not show any tax withholding or share sales. It reports only the exercise and conversion of 2,445 restricted stock units into 2,445 common shares, with no separate dispositions, leaving Isaac with 32,095 directly held Ormat shares afterward.