Jessica Woelfel - 21 Mar 2025 Form 4 Insider Report for ORMAT TECHNOLOGIES, INC. (ORA)

Role
GC, CCO, and CS
Signature
/s/ Jessica Woelfel
Issuer symbol
ORA
Transactions as of
21 Mar 2025
Net transactions value
-$11,964
Form type
4
Filing time
25 Mar 2025, 16:28:13 UTC
Previous filing
20 Mar 2025
Next filing
20 Jun 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ORA Common Stock Options Exercise $0 +563 +9.2% $0.000000 6,657 21 Mar 2025 Direct F1, F2
transaction ORA Common Stock Sale $11,964 -167 -2.5% $71.64 6,490 24 Mar 2025 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ORA Restricted Stock Units Options Exercise $0 -563 -33% $0.000000 1,126 21 Mar 2025 Common Stock 563 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents the right to receive one share of ORA common stock upon vesting.
F2 This portion of Restricted Stock Units vested on March 21, 2025, being the second anniversary of the date of grant. These Restricted Stock Units were granted on March 21, 2023, and vest 25% on the first, second, third and fourth anniversary of the grant date.
F3 Represents shares of common stock sold in the open market on March 24, 2025, in order to satisfy the reporting person's tax withholding obligations in connection with the vesting of Restricted Stock Units on March 21, 2025.