Form 4: Ormat Technologies Director Wong Reports Stock Transactions
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
| 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 8,659 shares of common stock and 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, Byron G. Wong, Form 4, Stock, Restricted Stock Units, Director, Beneficial Ownership, Transaction
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