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ORMAT TECHNOLOGIES, INC. — Director's Dealing 2025
Aug 25, 2025
6968_dirs_2025-08-25_e3f4efba-f809-4b8d-bca9-878570b31ef1.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ORMAT TECHNOLOGIES, INC. (ORA)
CIK: 0001296445
Period of Report: 2025-08-22
Reporting Person: Ginzburg Assi (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-08-22 | Common Stock | M | 25524 | $68.34 | Acquired | 59349 | Direct |
| 2025-08-22 | Common Stock | D | 18458 | $94.71 | Disposed | 40891 | Direct |
| 2025-08-22 | Common Stock | S | 7066 | $94.71 | Disposed | 33825 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-08-22 | Stock Appreciation Rights (SARs) | $68.34 | M | 25524 | Disposed | 2026-05-12 | Common Stock (25524) | Direct |
Footnotes
F1: Represents the exercise of Stock Appreciation Rights ("SARs") expiring on May 12, 2026, for which the reporting person exercised all 25,524 shares, disposed of 18,458 shares to the issuer to cover the exercise price of the SARs, and sold the remaining 7,066 shares acquired upon exercise in the open market on August 22, 2025.
F2: Each SAR represents the right to receive shares of ORA common stock with a value equal to the amount by which the market value of the shares in respect of which the SAR is exercised exceeds the grant price set forth in the SAR, multiplied by the number of shares in respect of which the SAR is exercised.