Form 4: Director David Granot Sells Entire Stake in Ormat

Ormat Technologies director David Granot has liquidated his entire remaining position in the company through open market sales.

Summary

• Director David Granot sold a total of 3,519 shares of Ormat Technologies common stock.
• The sales occurred in two tranches on May 20 and May 21, 2026.
• 1,753 shares were sold at $132.70 per share on May 20.
• 1,766 shares were sold at $134.425 per share on May 21.
• Following these transactions, the director holds zero shares of the company.

Sentiment

Score: 4

Explanation: StockSavvy.ai views this as slightly negative due to the complete exit of a board member, which can signal a lack of future confidence or a change in personal investment strategy.

Positives

• The transactions were executed at market prices, indicating liquidity in the stock.

Negatives

• A director has completely exited their equity position in the company.

Risks

• Complete divestment by a board member may be perceived negatively by the market as a lack of long-term alignment or confidence.

Future Outlook

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

Industry Context

StockSavvy.ai notes that while insider selling is common for liquidity or personal financial planning, the total liquidation of a director's position is a notable event that warrants investor attention regarding board sentiment.

Comparison to Industry Standards

• Insider sales are standard practice for executives and directors, though full liquidation is less common than partial sales.

Stakeholder Impact

• Shareholders may view the total exit of a director as a signal to re-evaluate their own position.

Key Dates

Recommendation

While the sale of 3,519 shares is relatively small in the context of a large-cap company's total float, the complete exit of a director is a signal that investors should monitor for further board-level changes or disclosures.

Keywords

Ormat Technologies, ORA, Insider Trading, Form 4, Director Sale, Equity Divestment