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Ormat Technologies (ORA) director granted 899 RSUs vesting in 2027

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Granot David reported acquisition or exercise transactions in this Form 4 filing.

ORMAT TECHNOLOGIES, INC. director David Granot reported a new equity compensation award. He received a grant of 899 Restricted Stock Units, each representing the right to receive one share of Ormat common stock upon vesting. These RSUs vest 100% on June 2, 2027, which is the one-year anniversary of the grant date. Following this grant, Granot holds 899 RSUs directly, and the filing does not report any open-market stock purchases or sales, only this compensation-related award.

Positive

  • None.

Negative

  • None.
Insider Granot David
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)
  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.
RSU grant size 899 units Restricted Stock Units granted to director David Granot
RSUs following transaction 899 units Total Restricted Stock Units held directly after grant
Vest date June 2, 2027 100% vesting date for the 899 RSUs
RSU-to-share ratio 1 RSU = 1 share Each RSU represents one share of Ormat common stock upon vesting
Restricted Stock Units financial
"He received a grant of 899 Restricted Stock Units, each representing the right"
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.
vest financial
"These RSUs vest 100% on June 2, 2027, which is the one-year anniversary"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
grant, award, or other acquisition financial
"The transaction is coded as a grant or award acquisition of 899 RSUs"
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SEC Form 4
FORM 4UNITED 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*
Granot David

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)06/02/2026A899 (2) (2)Common Stock899$0899D
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-fact06/04/2026
** Signature of Reporting PersonDate
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 ORA director David Granot report on this Form 4?

Director David Granot reported receiving 899 Restricted Stock Units as equity compensation. The award is reported as a grant acquisition, not an open-market trade, and increases his direct RSU holdings to 899 units linked to Ormat common stock.

Is the David Granot Form 4 for ORA a stock purchase or sale?

The Form 4 for David Granot does not show a stock purchase or sale. It reports a grant of 899 Restricted Stock Units as compensation, with no open-market buying or selling of Ormat Technologies common shares in this filing.

When do David Granot’s 899 ORA Restricted Stock Units vest?

David Granot’s 899 Restricted Stock Units vest 100% on June 2, 2027. The filing states this date is the one-year anniversary of the grant, after which each vested unit converts into one share of Ormat common stock.

How many ORA Restricted Stock Units does David Granot hold after this grant?

After this grant, David Granot holds 899 Restricted Stock Units. The Form 4 states a total of 899 derivative securities following the transaction, all directly owned and tied to Ormat Technologies common stock upon vesting.

What does each Restricted Stock Unit represent for ORA in this Form 4?

Each Restricted Stock Unit represents the right to receive one share of Ormat Technologies common stock upon vesting. The filing’s footnote explains this 1:1 relationship between RSUs and common shares for director David Granot’s 899-unit award.

Is the ORA Form 4 grant to David Granot a routine compensation award?

The transaction is coded as a grant or award acquisition of 899 RSUs, indicating equity compensation. The filing presents it as a standard director award rather than a discretionary market trade, with full vesting scheduled for June 2, 2027.