Form 4: Director David Granot Exercises Ormat RSU Grant

Ormat Technologies director David Granot acquired 1,766 shares of common stock following the vesting of restricted stock units.

Summary

• Director David Granot acquired 1,766 shares of Ormat Technologies (ORA) common stock.
• The acquisition occurred on May 7, 2026, upon the full vesting of restricted stock units (RSUs).
• The shares were acquired at a price of $0 per share as part of an equity compensation plan.
• Following this transaction, the director's total direct beneficial ownership increased to 3,407 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing standard administrative equity compensation for a director.

Positives

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

Negatives

• None identified.

Risks

• None identified.

Future Outlook

Not applicable as this is a routine disclosure of equity compensation vesting.

Industry Context

StockSavvy.ai notes that routine RSU vesting for board members is a standard corporate governance practice and does not typically signal a change in strategic direction or market sentiment.

Comparison to Industry Standards

• The transaction follows standard equity compensation practices for publicly traded companies in the energy sector.
• The reporting of RSU vesting is consistent with SEC disclosure requirements for corporate insiders.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine equity compensation event.

Next Steps

• None indicated.

Key Dates

Keywords

Ormat Technologies, ORA, Form 4, Insider Trading, Restricted Stock Units, Director Ownership