Form 4: Ormat Technologies Director Sells Shares on Open Market

A director of Ormat Technologies, David Granot, sold 1,256 shares of common stock on the open market at a price of $82 per share.

Summary

• David Granot, a director at Ormat Technologies, sold 1,256 shares of common stock on December 2, 2024.
• The shares were sold on the open market at a price of $82 per share.
• Following the transaction, Mr. Granot directly owns 3,576 shares of Ormat Technologies common stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock sale by a director, with no indication of positive or negative sentiment.

Industry Context

This is a routine Form 4 filing, which is common for corporate insiders who trade company stock. It provides transparency into the transactions of company directors.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the United States, ensuring transparency of insider trading.
• The sale of 1,256 shares by a director is not unusual and is within the normal range of insider transactions.

Stakeholder Impact

• The stock sale by a director may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the company's operations or financial position.

Key Dates

Keywords

Ormat Technologies, David Granot, stock sale, director, open market, share transaction