Assi Ginzburg - 22 Aug 2025 Form 4 Insider Report for ORMAT TECHNOLOGIES, INC. (ORA)

Signature
/s/ Jessica Woelfel - as attorney-in-fact
Issuer symbol
ORA
Transactions as of
22 Aug 2025
Net transactions value
-$673,068
Form type
4
Filing time
25 Aug 2025, 18:44:08 UTC
Previous filing
25 Mar 2025
Next filing
22 Sep 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Ginzburg Assi Chief Financial Officer C/O ORMAT TECHNOLOGIES, INC., 6884 SIERRA CENTER PARKWAY, RENO /s/ Jessica Woelfel - as attorney-in-fact 25 Aug 2025 0001361024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ORA Common Stock Options Exercise $1,744,310 +25,524 +75% $68.34 59,349 22 Aug 2025 Direct F1, F2
transaction ORA Common Stock Disposed to Issuer $1,748,157 -18,458 -31% $94.71 40,891 22 Aug 2025 Direct F1, F2
transaction ORA Common Stock Sale $669,221 -7,066 -17% $94.71 33,825 22 Aug 2025 Direct F1, F2

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 Stock Appreciation Rights (SARs) Options Exercise $0 -25,524 -100% $0.000000 0 22 Aug 2025 Common Stock 25,524 $68.34 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the exercise of Stock Appreciation Rights ("SARs") expiring on May 12, 2026, for which the reporting person exercised all 25,524 shares, disposed of 18,458 shares to the issuer to cover the exercise price of the SARs, and sold the remaining 7,066 shares acquired upon exercise in the open market on August 22, 2025.
F2 Each SAR represents the right to receive shares of ORA common stock with a value equal to the amount by which the market value of the shares in respect of which the SAR is exercised exceeds the grant price set forth in the SAR, multiplied by the number of shares in respect of which the SAR is exercised.