Form 4: Ormat Technologies Director Wong Sells Shares
SEC Form 4
Director Byron G. Wong of Ormat Technologies, Inc. (ORA) sold 1,266 shares of common stock at $74.98 per share on September 20, 2024.
Summary
- On September 20, 2024, Byron G. Wong, a director of Ormat Technologies, Inc. (ORA), sold 1,266 shares of the company's common stock.
- The sale price was $74.98 per share.
- Following the transaction, Wong directly owns 6,906 shares of Ormat Technologies common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. A director selling shares is not inherently positive or negative without further context.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in the company's stock. The sale could be for personal financial management reasons and may not necessarily reflect a negative outlook on the company.
Stakeholder Impact
- The sale of shares by a director could potentially create uncertainty among shareholders, although the relatively small number of shares sold may limit the impact.
Key Dates
| Date | Description |
|---|---|
| 09/20/2024 | Date of transaction: Byron G. Wong sold shares of Ormat Technologies. |
| 09/23/2024 | Date of signature on the Form 4 filing. |
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.