Form 4: Director Karin Corfee Receives RSU Grant at Ormat

Director Karin Corfee was granted 899 Restricted Stock Units (RSUs) by Ormat Technologies, Inc. on June 2, 2026.

Summary

• Director Karin Corfee received a grant of 899 Restricted Stock Units (RSUs).
• Each RSU represents the right to receive one share of Ormat Technologies, Inc. (ORA) common stock.
• 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 outlook.

Positives

• Alignment of director interests with shareholders through equity-based compensation.

Negatives

• None identified.

Risks

• None identified.

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 non-employee directors are standard corporate governance practice to ensure long-term alignment with shareholder value in the renewable energy sector.

Comparison to Industry Standards

• The grant of RSUs to directors is consistent with standard compensation practices for publicly traded companies in the energy sector.

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