Form 4: Ormat Technologies Director Karin Corfee Reports Stock Transactions
SEC Form 4 Filing
Director Karin Corfee reports acquisition and disposal of Ormat Technologies stock and restricted stock units.
Summary
- On May 9, 2024, Karin Corfee, a director of Ormat Technologies, Inc., reported transactions involving the company's stock.
- Corfee acquired 1,447 shares of common stock and disposed of 2,908 shares.
- Additionally, Corfee acquired 1,753 restricted stock units on May 8, 2024, which vest on May 8, 2025.
- 1,447 restricted stock units vested on May 9, 2024.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the trading activities of key personnel.
Stakeholder Impact
- The transactions may provide insights to stakeholders regarding the director's view of the company's stock value.
Key Dates
| Date | Description |
|---|---|
| 05/08/2024 | Acquisition of 1,753 restricted stock units. |
| 05/09/2024 | Acquisition of 1,447 shares of common stock and disposal of 2,908 shares; vesting of 1,447 restricted stock units. |
| 05/10/2024 | Date of signature for the report. |
| 05/08/2025 | Vesting date for 1,753 restricted stock units. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.