ORMAT TECHNOLOGIES, INC. — Director's Dealing 2025

Aug 20, 2025

FORM 4

Checkthisbox if no longer subject to Section 16. Form 4 or Form 5 obligationsmay continue. See Instruction 1(b).

Checkthisbox to indicate that a transaction wasmade pursuant to a contract, instruction or written plan that isintended to satisfy the affirmative defense conditionsof Rule 10b5-1(c). See Instruction 10.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

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STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the SecuritiesExchange Act of 1934, or Section 30(h) of the Investment Company Act of 1940

* 1. Name and Addressof Reporting Person Wong, Byron G.			2. Issuer Name and Ticker or Trading Symbol Ormat Technologies, Inc. [ORA]	5. Relationship of Reporting Person(s) to Issuer (Checkall applicable)
(Last) (First) (Middle) c/o Ormat Technologies, Inc. 6884 Sierra Center Parkway			3. Date of Earliest Transaction (Month/Day/Year) 08/18/2025	X Director 10%Owner Officer (give title below) ___ Other (specify below)
(Street) Reno NV 89511			4. If Amendment, Date Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (CheckApplicable Line) X Form Filed byOne Reporting Person ___ Form Filed by More than One Reporting Person
(City)	(State)	(Zip)

Table I - Non-Derivative SecuritiesAcquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)	2. Transaction Date (Month / Day / Year)	2A. Deemed Execution Date, if any (Month / Day /	3. Transaction Code (Instr. 8)	4. SecuritiesAcquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities BeneficiallyOwned Following Reported Transaction(s)	6. Ownership Form:	7. Nature of Indirect Beneficial
		Year)	Code	V Amount	(A) or (D)	Price	(Instr. 3 and 4)	Direct (D) or Indirect (I) (Instr. 4)	Ownership (Instr. 4)
Common Stock	08/18/2025		M (1) (3)	1,210	A	\$76.87	9,869	D
Common Stock	08/18/2025		D(1) (3)	1,018	D	\$91.395	8,851	D
Common Stock	08/18/2025		(1) (3) S	192	D	\$91.395	8,659	D
Common Stock	08/18/2025		M (2) (3)	1,315	A	\$67.54	9,974	D
Common Stock	08/18/2025		D(2) (3)	972	D	\$91.395	9,002	D
Common Stock	08/18/2025		(2) (3) S	343	D	\$91.395	8,659	D

Table II - Derivative SecuritiesAcquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month / Day / Year)	3A. Deemed Execution Date, if any (Month / Day / Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)		6. Date Exercisable and Expiration Date (Month / Day / Year)		7. Title and Amount of SecuritiesUnderlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of Derivative Securities Beneficially Owned Following Reported	10. Ownership Form of Derivative Security: Direct (D) or Indirect	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code		V (A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares		Transaction(s) (Instr. 4)	(I) (Instr. 4)
StockAppreciation Rights(SARs)	\$76.87	08/18/2025		M			1,210		11/07/2020 11/06/2025 Common	Stock	1,210	\$0.00	0	D
StockAppreciation Rights(SARs)	\$67.54	08/18/2025		M			1,315		11/04/2021 11/04/2026 Common	Stock	1,315	\$0.00	0	D

Explanation of Responses:

(1) Representsthe exercise of StockAppreciation Rights("SARs") expiring on November 6, 2025, for which the reporting person exercised all 1,210 shares, disposed of 1,018 sharesto the issuer to cover the exercise price of the SARs, and sold the remaining 192 sharesacquired upon exercise in the open market on August 18, 2025.

(2) Representsthe exercise of SARsexpiring on November 4, 2026, for which the reporting person exercised all 1,315 shares, disposed of 972 sharesto the issuer to cover the exercise price of the SARs, and sold the remaining 343 sharesin the open market on August 18, 2025.

(3) Each SARrepresentsthe right to receive sharesof ORA common stockwith a value equal to the amount by which the market value of the sharesin respect of which the SARisexercised exceedsthe grant price set forth in the SAR, multiplied by the number of sharesin respect of which the SARisexercised.

Signatures

/s/ Jessica Woelfel - asattorney-in-fact	08/20/2025
**Signature of Reporting Person	Date

Reporting Owners

	Relationships
Reporting Owner Name / Address		Director 10%Owner Officer Other
Wong, Byron G. c/o Ormat Technologies, Inc. 6884 Sierra Center Parkway Reno NV 89511	X

Reminder: Report on a separate line for each classof securitiesbeneficially owned directly or indirectly.

* If the form isfiled by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatementsor omissionsof factsconstitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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