Form 4: Director Isaac Angel Receives RSU Grant at Ormat

Director Isaac Angel was granted 1,245 restricted stock units by Ormat Technologies, Inc. on June 2, 2026.

Summary

• Director Isaac Angel received a grant of 1,245 Restricted Stock Units (RSUs).
• Each RSU represents the right to receive one share of Ormat Technologies, Inc. (ORA) common stock upon vesting.
• The RSUs are scheduled to vest in full on June 2, 2027, one year after the grant date.

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 will vest on June 2, 2027, subject to the director's continued service.

Industry Context

StockSavvy.ai notes that equity grants to directors are standard corporate governance practices in the renewable energy sector to ensure board alignment with company performance.

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 retention mechanism for board members.

Corporate Governance

Stakeholder Impact

• Minimal impact on shareholders; represents standard director compensation.

Next Steps

• Vesting of the 1,245 RSUs on June 2, 2027.

Key Dates

Keywords

Ormat Technologies, ORA, Director, Restricted Stock Units, Insider Transaction, Equity Compensation