Form 4: Director Byron G. Wong Sells 4,500 Shares of Ormat

Ormat Technologies director Byron G. Wong sold 4,500 shares of common stock at an average price of $134.32.

Summary

• Director Byron G. Wong sold 4,500 shares of Ormat Technologies, Inc. (ORA) common stock.
• The transaction occurred on May 13, 2026, at a price of $134.32 per share.
• Following this transaction, the director retains beneficial ownership of 5,925 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it is a standard disclosure of an individual director's personal financial management.

Positives

• The director maintains a remaining stake of 5,925 shares, indicating continued alignment with the company.

Negatives

• The sale represents a reduction in the director's direct equity position in the company.

Risks

• Insider selling can sometimes be perceived by the market as a lack of confidence in near-term stock performance.

Future Outlook

No forward-looking guidance or strategic outlook was provided in this filing.

Industry Context

StockSavvy.ai notes that routine insider selling is common among corporate directors and does not necessarily reflect a change in the company's fundamental outlook or operational health.

Comparison to Industry Standards

• Insider transactions are standard regulatory disclosures and are common across the renewable energy and utility sectors.

Stakeholder Impact

• Minimal impact expected on shareholders as this is a routine disclosure of a director's personal transaction.

Key Dates

Keywords

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