Form 4: Director Byron G. Wong Exercises Ormat RSU Grant

Ormat Technologies director Byron G. Wong acquired 1,766 shares of common stock following the vesting of restricted stock units.

Summary

• Director Byron G. Wong acquired 1,766 shares of Ormat Technologies (ORA) common stock.
• The acquisition resulted from the vesting of 1,766 restricted stock units (RSUs) granted previously.
• The transaction occurred on May 7, 2026, representing the first-year anniversary of the original grant.
• Following this transaction, the director holds a total of 10,425 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director equity compensation.

Positives

• Director maintains a direct equity stake in the company, aligning interests with shareholders.

Negatives

• None identified.

Risks

• None identified.

Future Outlook

No forward-looking guidance provided in this filing.

Industry Context

StockSavvy.ai notes that this is a routine disclosure of equity compensation vesting for a corporate director, which is standard practice for publicly traded companies in the renewable energy sector.

Comparison to Industry Standards

• The transaction follows standard corporate governance practices regarding director compensation and equity vesting schedules.

Stakeholder Impact

• Minimal impact on shareholders as this represents standard equity compensation vesting.

Key Dates

Keywords

Ormat Technologies, ORA, Form 4, Insider Trading, Restricted Stock Units, Byron G. Wong