Assi Ginzburg - 21 Mar 2026 Form 4 Insider Report for ORMAT TECHNOLOGIES, INC. (ORA)

Reporting relationship: Chief Financial Officer
Issuer ticker: ORA
Reported as of: 21 Mar 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 25 Mar 2026, 06:06:40 UTC
Prior SEC filing: 03 Mar 2026
Next SEC filing: 15 May 2026
Source filing: View source filing
Reporting owner signature: /s/ Jessica Woelfel - as attorney-in-fact

Key filing fact

Assi Ginzburg filed Form 4 for ORMAT TECHNOLOGIES, INC. (ORA) on 25 Mar 2026.

Key facts

This page summarizes Assi Ginzburg's Form 4 filing for ORMAT TECHNOLOGIES, INC. (ORA).
4 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 25 Mar 2026, 06:06.

Change

Previous filing in this sequence was filed on 03 Mar 2026.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001361024 Primary reporting owner

Ginzburg Assi

Relationship: Chief Financial Officer
Address: C/O ORMAT TECHNOLOGIES, INC., 6884 SIERRA CENTER PARKWAY, RENO
Signature: /s/ Jessica Woelfel - as attorney-in-fact
Signature date: 24 Mar 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ORA transaction

Common Stock

Options Exercise

Transaction value
Shares: +1,064
Change %: +11%
Price: $0.000000^*
Shares after: 10,576
Date: 21 Mar 2026
Ownership: Direct
Footnotes: F1

ORA transaction

Common Stock

Options Exercise

Transaction value
Shares: +6,611
Change %: +63%
Price: $0.000000^*
Shares after: 17,187
Date: 21 Mar 2026
Ownership: Direct
Footnotes: F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ORA transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares: -1,064
Change %: -50%
Price: $0.000000^*
Shares after: 1,064
Date: 21 Mar 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,064
Exercise price
Footnotes: F1

ORA transaction Derivative

Restricted Stock Units

Award

Transaction value
Shares: +2,205
Change %
Price: $0.000000^*
Shares after: 2,205
Date: 21 Mar 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,205
Exercise price
Footnotes: F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

This portion of restricted stock units (the "RSUs") vested on March 21, 2026, being the third anniversary of the grant date. Each RSU represents the right to receive one share of ORA common stock upon vesting; these RSUs were granted on March 21, 2023, and vest 25% on each of the first, second, third and fourth anniversaries of the grant date.

Footnote F2

On March 21, 2023, the reporting person was granted performance stock units (with a target amount of 6,413), each of which represents the right to receive one share of ORA common stock upon vesting (the "PSUs"). Pursuant to their terms, the PSUs are not deemed vested until they are both performance-vested and time-vested. The PSUs performance vest on the third anniversary of the grant date, based on the issuer's achievement of the performance goals (50% relative total stockholder return ("relative TSR") and 50% megawatt capacity ("MW capacity")) between the grant date and such third anniversary, in certain amounts (between 0% and 150% of target on the relative TSR goals, and between 0% and 200% of target on the MW capacity goals), and time vest 75% on the third anniversary of the grant date, and 25% on the fourth anniversary, based on the reporting person's continued service.

Footnote F3

On March 21, 2026, the third anniversary of the grant date of the PSUs, the PSUs performance vested, based on achievement of 75% on the relative TSR goals and 200% on the MW capacity goals. 75% (6,611 PSUs) were immediately paid out, as they were time-vested based on the reporting person's continued service since the grant date. The remaining 25% (2,205 PSUs) remain subject to time-vesting until the fourth anniversary of the grant date, based on the reporting person's continued service, and are thus represented as RSUs. Each RSU represents the right to receive one share of ORA common stock upon vesting.