Form 4: Director David Granot Receives RSU Grant at Ormat

Ormat Technologies director David Granot was granted 899 restricted stock units vesting in one year.

Summary

• Director David Granot received a grant of 899 Restricted Stock Units (RSUs) on June 2, 2026.
• Each RSU represents the right to receive one share of Ormat Technologies (ORA) common stock.
• The grant is scheduled to vest in full on June 2, 2027.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial health.

Positives

• Alignment of director interests with long-term shareholder value through equity-based compensation.

Negatives

• None identified.

Risks

• Standard market risks associated with equity ownership and potential share price volatility.

Future Outlook

The RSUs are subject to a one-year vesting period, with full vesting occurring on June 2, 2027.

Industry Context

StockSavvy.ai notes that equity grants to directors are standard corporate governance practices designed to incentivize long-term oversight and alignment with shareholder interests in the renewable energy sector.

Comparison to Industry Standards

• The grant of RSUs to non-executive directors is consistent with standard compensation practices for publicly traded companies in the energy sector.
• The one-year cliff vesting schedule is a common practice for director equity awards.

Stakeholder Impact

• Minimal impact on shareholders as the grant represents a standard component of director compensation.

Next Steps

• Vesting of 899 RSUs on June 2, 2027.

Key Dates

Keywords

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