Form 4: Ormat Technologies Director Wong Acquires and Disposes of Shares Through Restricted Stock Units

Director Byron G. Wong reports acquisition and disposal of Ormat Technologies (ORA) common stock through the vesting and exercise of restricted stock units.

Summary

• On May 9, 2024, Director Byron G. Wong acquired 1,447 shares of Ormat Technologies (ORA) common stock through the vesting of restricted stock units.
• The same day, Wong disposed of 1,447 shares of common stock.
• Following these transactions, Wong directly owns 6,337 shares of Ormat Technologies common stock.
• On May 8, 2024, Wong acquired 1,753 restricted stock units, each representing the right to receive one share of ORA common stock upon vesting.
• Following these transactions, Wong directly owns 1,753 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The reporting person will continue to hold and manage their equity stake in the company.

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 have a minimal direct impact on stakeholders, as they represent routine insider trading activity.

Key Dates