Form 4: Ormat Technologies Director Dafna Sharir Reports Stock Transactions

Director Dafna Sharir reported transactions involving Ormat Technologies common stock and stock appreciation rights on August 23, 2024.

Summary

• On August 23, 2024, Dafna Sharir, a director of Ormat Technologies, reported several transactions involving the company's common stock.
• These transactions included the exercise of stock appreciation rights (SARs) and the subsequent sale of common stock.
• Specifically, 1,621 SARs were exercised at a price of $53.16, resulting in the acquisition of 1,621 shares of common stock.
• Sharir also disposed of 1,188 shares at $72.52 and 433 shares at $74.91.
• Following these transactions, Sharir directly owns 3,561 shares of Ormat Technologies common stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common in publicly traded companies. It provides transparency to investors regarding the actions of company leadership.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.

Key Dates