Form 4: Ormat Technologies Director Karin Corfee Reports Stock Transactions
SEC Form 4
Director Karin Corfee reports acquisition and disposal of Ormat Technologies stock and restricted stock units.
Summary
- On May 8, 2025, Director Karin Corfee acquired 1,753 shares of Ormat Technologies common stock through the vesting of restricted stock units.
- On the same day, Corfee disposed of 4,661 shares of common stock.
- Following these transactions, Corfee directly owns 4,661 shares of common stock.
- On May 7, 2025, Corfee acquired 1,766 restricted stock units, which vest on May 7, 2026.
- Corfee also disposed of 1,753 restricted stock units on May 8, 2025, upon vesting.
- After the reported transactions, Corfee directly owns 1,766 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company director, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence for publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company director.
Key Dates
| Date | Description |
|---|---|
| 05/07/2025 | Acquisition of 1,766 Restricted Stock Units |
| 05/08/2025 | Acquisition of 1,753 shares of common stock through vesting of Restricted Stock Units and disposal of 4,661 shares of common stock |
| 05/09/2025 | Date of signature for the Form 4 filing |
| 05/07/2026 | Vesting date for 1,766 Restricted Stock Units |
Keywords
Ormat Technologies, ORA, Form 4, Karin Corfee, Director, Stock, Restricted Stock Units, Beneficial Ownership, Transaction
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