Form 4: Ormat Technologies Director Wong Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


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

Summary

  • On May 8, 2025, Director Byron G. Wong acquired 1,753 shares of Ormat Technologies (ORA) common stock at $0 per share.
  • On the same day, Wong disposed of 8,659 shares of common stock.
  • Following these transactions, Wong beneficially owns 8,659 shares of common stock.
  • On May 7, 2025, Wong acquired 1,766 Restricted Stock Units (RSUs) which convert to common stock.
  • These RSUs will vest 100% on May 7, 2026.
  • On May 8, 2025, Wong also disposed of 1,753 Restricted Stock Units (RSUs) which convert to common stock.
  • Following these transactions, Wong beneficially owns 1,766 RSUs.

Sentiment

Score: 5

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

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions, which are common for directors and officers of publicly traded companies. These filings provide transparency into the trading activities of company insiders.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders by slightly diluting the stock.

Key Dates

DateDescription
05/07/2025Acquisition of 1,766 Restricted Stock Units
05/08/2025Acquisition of 1,753 shares of common stock and disposal of 8,659 shares of common stock and disposal of 1,753 Restricted Stock Units
05/09/2025Date of signature for the Form 4 filing
05/07/2026Vesting date for 1,766 Restricted Stock Units

Keywords

Ormat Technologies, ORA, Byron G. Wong, Form 4, Stock, Restricted Stock Units, Director, Beneficial Ownership, Transaction

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