Ormat Technologies (ORA) director receives 1,766 shares as Restricted Stock Units vest

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

ORMAT TECHNOLOGIES, INC. director Stanley Stern reported the vesting and settlement of restricted stock units into common shares. On May 7, 2026, 1,766 Restricted Stock Units vested and were converted into 1,766 shares of common stock. Following this equity-based compensation event, Stern holds 6,627 shares of Ormat common stock directly.

Insider Trade Summary

1,766 shares exercised/converted

Mixed 2 txns

Insider STERN STANLEY

Role null

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	1,766	$0.00	--
Exercise	Common Stock	1,766	$0.00	--

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock — 6,627 shares (Direct, null)

Footnotes (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 vested: 1,766 units Common shares acquired: 1,766 shares Shares held after transaction: 6,627 shares +1 more

4 metrics

RSUs vested 1,766 units Restricted Stock Units vested on May 7, 2026

Common shares acquired 1,766 shares Shares received upon RSU conversion on May 7, 2026

Shares held after transaction 6,627 shares Direct Ormat common stock holdings post-transaction

Exercise price per RSU $0.00 per unit Conversion of Restricted Stock Units into common stock

Key Terms

Restricted Stock Units, RSU, derivative security, vested

4 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.

RSU financial

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

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.

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.

vested financial

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

Form 4 Insider Transactions: What Each Field Means →

05/11/2026 - 07:00 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^*

STERN STANLEY

(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)
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)
Common Stock	05/07/2026		M⁽¹⁾⁽²⁾		1,766	A	$0	6,627	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)
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⁾	05/07/2026		M			1,766	⁽²⁾	⁽²⁾	Common Stock	1,766	$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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Ormat Technologies (ORA) director Stanley Stern report?

Stanley Stern reported an equity compensation event, not an open-market trade. On May 7, 2026, 1,766 Restricted Stock Units vested and converted into 1,766 Ormat common shares, increasing his directly held position to 6,627 shares after the transaction.

How many Ormat Technologies (ORA) shares did Stanley Stern acquire in this Form 4?

Stanley Stern acquired 1,766 Ormat common shares through the vesting of Restricted Stock Units. Each RSU represented the right to receive one share upon vesting, and 100% of the RSUs vested on May 7, 2026 according to the filing’s footnotes.

What are Restricted Stock Units in the Ormat Technologies (ORA) Form 4 filing?

Restricted Stock Units are equity awards that convert into common shares when they vest. In this case, each RSU entitled Stanley Stern to receive one Ormat common share, and 1,766 RSUs fully vested on May 7, 2026, resulting in 1,766 new shares.

What is Stanley Stern’s Ormat Technologies (ORA) shareholding after this transaction?

After the RSU vesting and conversion, Stanley Stern directly holds 6,627 Ormat common shares. This figure reflects his position immediately following the May 7, 2026 settlement of 1,766 Restricted Stock Units into common stock reported in the Form 4.

Was the Ormat Technologies (ORA) Form 4 a buy or sell transaction?

The Form 4 does not show an open-market buy or sell. It reports an RSU exercise/conversion, where 1,766 Restricted Stock Units vested and became 1,766 Ormat common shares, a routine equity compensation event rather than a discretionary purchase or sale.