Form 4: Ormat Technologies Director Stanley Stern Reports Stock Transactions
SEC Form 4
Director Stanley Stern reports acquisition and disposal of Ormat Technologies (ORA) common stock and restricted stock units.
Summary
- On May 8, 2025, Stanley Stern, a director of Ormat Technologies, Inc. (ORA), reported a transaction involving common stock.
- Stern acquired 1,753 shares of common stock and disposed of 6,684 shares.
- Following the reported transactions, Stern beneficially owns 6,684 shares of common stock.
- On May 7, 2025, Stern acquired 1,766 Restricted Stock Units (RSUs) which vest on May 7, 2026.
- On May 8, 2025, Stern disposed of 1,753 Restricted Stock Units (RSUs) which vested on May 8, 2025.
- Following the reported transactions, Stern beneficially owns 1,766 Restricted Stock Units (RSUs).
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 Form 4 filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the trading activities of company directors.
Stakeholder Impact
- The transactions may provide insights to stakeholders regarding the director's view on the company's stock.
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 and disposal of 6,684 shares of common stock. Disposal of 1,753 Restricted Stock Units. |
| 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, Stanley Stern, Form 4, Director, Stock Transaction, Restricted Stock Units, Beneficial Ownership
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.