Ormat Technologies (ORA) director granted 899 RSUs vesting in 2027
Filing Impact
Filing Sentiment
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 Trade Summary
1 transaction reported
Mixed
1 txn
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)
- 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
RSU grant size: 899 units
RSUs following transaction: 899 units
Vest date: June 2, 2027
+1 more
4 metrics
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
Key Terms
Restricted Stock Units, vest, grant, award, or other acquisition
3 terms
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"
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.