Form 4: Ormat Technologies Director Dafna Sharir Reports Stock Transactions

Sentiment:

SEC Form 4


Director Dafna Sharir reports acquisition and disposal of Ormat Technologies (ORA) stock and restricted stock units.

Summary

  • On May 9, 2024, Dafna Sharir, a director of Ormat Technologies, Inc. (ORA), reported transactions involving the company's stock and restricted stock units.
  • Sharir acquired 1,753 restricted stock units on May 8, 2024, which will vest on May 8, 2025.
  • On May 9, 2024, 1,447 restricted stock units vested and were converted into common stock.
  • Sharir disposed of 1,447 shares of common stock on May 9, 2024.
  • Following these transactions, Sharir directly owns 4,247 shares of common stock and 1,753 restricted stock units.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership by a director.
  • The transactions do not directly impact employees, customers, suppliers, or creditors.

Key Dates

DateDescription
05/08/2024Acquisition of 1,753 restricted stock units.
05/09/2024Vesting of 1,447 restricted stock units and disposal of 1,447 shares of common stock.
05/10/2024Date of filing the Form 4.
05/08/2025Vesting date for the acquired 1,753 restricted stock units.

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