Form 4: Director Karin Corfee Exercises Ormat RSU Grant

Director Karin Corfee acquired 1,766 shares of Ormat Technologies common stock following the vesting of restricted stock units.

Summary

• Director Karin Corfee acquired 1,766 shares of Ormat Technologies (ORA) common stock on May 7, 2026.
• The acquisition resulted from the vesting of 1,766 restricted stock units (RSUs) granted previously.
• Following this transaction, the director holds a total of 6,427 shares of common stock directly.
• The RSUs vested at a price of $0 per share as part of a standard equity compensation plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director equity compensation.

Positives

• Director maintains a direct equity stake in the company, aligning interests with shareholders.
• The transaction represents the fulfillment of previously granted equity compensation.

Negatives

• None identified.

Risks

• General market risks associated with holding equity in Ormat Technologies.

Future Outlook

No forward-looking guidance provided in this filing.

Industry Context

StockSavvy.ai notes that this is a routine disclosure of equity compensation vesting for a corporate director, which is standard practice in the renewable energy and geothermal sector.

Comparison to Industry Standards

• The transaction follows standard corporate governance practices for equity-based director compensation.
• The disclosure complies with SEC Section 16(a) reporting requirements.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard equity vesting event.

Next Steps

• No future actions or milestones mentioned.

Key Dates

Keywords

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