4/A: ORMAT Technologies Director Amends Share Ownership Filing, Correcting Previously Reported Holdings

ORMAT Technologies Director David Granot has filed an amended Form 4 to correct an administrative error regarding his beneficial ownership of common stock, revising the post-transaction holdings from 2,479 to 1,641 shares.

Summary

• David Granot, a Director of ORMAT Technologies, Inc. (ORA), filed an amended Form 4/A on June 23, 2025.
• The amendment corrects an administrative error in a previous Form 4 filing dated June 20, 2025.
• The original filing inadvertently reported the amount of securities beneficially owned as 2,479 shares.
• The true and correct amount of securities beneficially owned following the reported transaction is 1,641 shares.
• The transaction involved the sale of 1,072 shares of Common Stock on June 18, 2025, at a price of $85 per share.

Sentiment

Score: 5

Explanation: The document is an amendment correcting an administrative error in a previous insider transaction filing. While the initial error is a minor negative, the prompt correction demonstrates compliance and transparency, leading to a neutral overall sentiment.

Negatives

• An administrative error led to an incorrect reporting of beneficial ownership in the initial Form 4 filing.

Risks

• Potential for administrative errors in SEC filings, which could lead to misrepresentation of insider holdings if not promptly corrected.

Future Outlook

The document is an amendment to a past transaction and does not contain any forward-looking statements or guidance regarding the company's future performance or strategy.

Management Comments

• The document states that the original Form 4 filing contained an 'administrative error' which 'inadvertently reported' an incorrect amount of beneficially owned securities.

Industry Context

This filing is a routine insider transaction disclosure amendment and does not provide information relevant to broader industry trends or the competitive landscape.

Comparison to Industry Standards

• This document is a compliance filing correcting an insider transaction report and does not contain information suitable for comparison to industry-specific financial or operational benchmarks.

Stakeholder Impact

• Shareholders: Provides accurate information regarding director shareholdings, ensuring transparency and compliance with SEC regulations.

Next Steps

• The document does not specify any future actions or milestones beyond the correction of the filing.

Key Dates

Keywords

ORMAT Technologies, ORA, SEC Form 4/A, Beneficial Ownership, Insider Transaction, Director Holdings, Stock Sale, Compliance, Administrative Error