Harel reports 7.1% stake in Ormat Technologies

Harel Insurance Investments & Financial Services Ltd. reports beneficial ownership of 4,367,852 shares of Ormat Technologies, Inc. common stock on a Schedule 13G/A, representing 7.1% of the outstanding class.

Rhea-AI Filing Summary

Harel Insurance Investments & Financial Services Ltd. reports beneficial ownership of 4,367,852 shares of Ormat Technologies, Inc. common stock on a Schedule 13G/A, representing 7.1% of the outstanding class. The percentage is based on 61,451,752 Ormat shares outstanding as of May 1, 2026.

Of the reported shares, 4,315,944 are held for members of the public through various funds and policies managed by Harel subsidiaries, while 51,908 shares are held for Harel’s own account. Harel reports 0 sole voting and dispositive power and 4,367,852 shared voting and shared dispositive power, reflecting decisions made by independently managed subsidiaries.

Key Figures

Beneficial ownership: 4,367,852 shares Ownership percentage: 7.1% Shares outstanding: 61,451,752 shares +4 more

7 metrics

Beneficial ownership 4,367,852 shares Shares of Ormat common stock reported as beneficially owned by Harel

Ownership percentage 7.1% Percentage of Ormat common stock class beneficially owned by Harel

Shares outstanding 61,451,752 shares Ormat common shares outstanding as of May 1, 2026

Public investors’ holdings via Harel 4,315,944 shares Held for members of the public through funds and policies managed by Harel subsidiaries

Harel own-account holdings 51,908 shares Ormat shares beneficially held for Harel’s own account

Shared voting power 4,367,852 shares Number of Ormat shares over which Harel has shared voting power

Shared dispositive power 4,367,852 shares Number of Ormat shares over which Harel has shared dispositive power

Key Terms

beneficially owned, dispositive power, shared voting power, provident funds, +1 more

5 terms

beneficially owned financial

"Of the 4,367,852 shares of Common Stock reported in this Statement as beneficially owned"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

dispositive power financial

"Sole Dispositive Power 0.00 8 | Shared Dispositive Power 4,367,852.00"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

shared voting power financial

"Shared Voting Power 4,367,852.00"

Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.

provident funds financial

"held for members of the public through, among others, provident funds and/or mutual funds"

Schedule 13G regulatory

"shares of Common Stock reported in this Statement as beneficially owned by the Reporting Person"

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What percentage of Ormat Technologies (ORA) does Harel Insurance report owning?

Harel Insurance reports beneficial ownership of 7.1% of Ormat Technologies’ common stock. This is based on 4,367,852 shares held relative to 61,451,752 Ormat shares outstanding as of May 1, 2026.

How many Ormat Technologies (ORA) shares does Harel Insurance beneficially own?

Harel Insurance reports beneficial ownership of 4,367,852 Ormat common shares. Of these, 4,315,944 are held for public investors through managed funds and policies, and 51,908 shares are held for Harel’s own account.

How much voting power does Harel Insurance have in Ormat Technologies (ORA)?

Harel Insurance reports 0 sole voting power and 4,367,852 shares of shared voting power in Ormat. Voting and investment decisions are made by independently managed subsidiaries holding shares for various public funds and policies.

How many Ormat Technologies (ORA) shares are outstanding for the ownership calculation?

The 7.1% ownership reported by Harel Insurance is calculated using 61,451,752 Ormat common shares outstanding as of May 1, 2026, as referenced from Ormat’s Quarterly Report on Form 10-Q filed May 7, 2026.

How many Ormat (ORA) shares does Harel Insurance hold for its own account?

Harel Insurance states that only 51,908 Ormat shares are beneficially held for its own account. The remaining 4,315,944 shares are held for members of the public through various managed funds and insurance-related products.

Does Harel Insurance claim full beneficial ownership of all Ormat (ORA) shares reported?

Harel Insurance clarifies that this filing should not be construed as an admission that it beneficially owns more than 51,908 Ormat shares, since 4,315,944 shares are held for public investors via independently managed subsidiaries.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 07/29/2026 - 06:22 AM Accepted by SEC EDGAR 07/29/2026 - 06:22 AM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

ORMAT TECHNOLOGIES, INC.

(Name of Issuer)

Common Stock, $0.001 par value per share

(Title of Class of Securities)

686688102

(CUSIP Number)

06/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 686688102

1

Names of Reporting Persons

Harel Insurance Investments & Financial Services Ltd.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

ISRAEL

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 4,367,852.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 4,367,852.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

4,367,852.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.1 %

12

Type of Reporting Person (See Instructions)

CO

Comment for Type of Reporting Person: With regard to Rows (6), (8) and (9), please see Item 4. Row (11) is based on 61,451,752 shares of Common Stock issued and outstanding as of May 1, 2026 (as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 7, 2026).

SCHEDULE 13G

Item 1.
(a)	Name of issuer: ORMAT TECHNOLOGIES, INC.
(b)	Address of issuer's principal executive offices: 6884 Sierra Center Parkway, Reno, Nevada, 89511
Item 2.
(a)	Name of person filing: Harel Insurance Investments & Financial Services Ltd.
(b)	Address or principal business office or, if none, residence: 3 Aba Hillel Street, Ramat Gan 52118, Israel
(c)	Citizenship: Israel
(d)	Title of class of securities: Common Stock, $0.001 par value per share
(e)	CUSIP No.: 686688102
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: Of the 4,367,852 shares of Common Stock reported in this Statement as beneficially owned by the Reporting Person, (i) 4,315,944 shares of Common Stock are held for members of the public through, among others, provident funds and/or mutual funds and/or pension funds and/or insurance policies and/or exchange traded funds, which are managed by subsidiaries of the Reporting Person, each of which subsidiaries operates under independent management and makes independent voting and investment decisions and (ii) 51,908 Ordinary Shares are beneficially held for its own account. Consequently, this Statement shall not be construed as an admission by the Reporting Person that it is the beneficial owner of more than 51,908 Ordinary Shares covered by this Statement.
(b)	Percent of class: See Row (11) of the cover page of the Reporting Person above.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: See Row (6) of the cover page of the Reporting Person above and note in Item 4 above.
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: See Row (8) of the cover page of the Reporting Person above and note in Item 4 above.
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Harel Insurance Investments & Financial Services Ltd.

Signature:	/s/ Alon Kaufman
Name/Title:	Alon Kaufman/Vice President
Date:	07/28/2026