ORMAT TECHNOLOGIES, INC. — Director's Dealing 2026

Mar 5, 2026

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington,

D.C.

20549

OMB APPROVAL

OMB Number: 3235-0287

Estimated average burden

hours per response: 0.5

☐ Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

☑ Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

1. Name and Address of Reporting Person* Woelfel Jessica			2. Issuer Name and Ticker or Trading Symbol ORMAT TECHNOLOGIES, INC. [ORA]					5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below)
(Last) (First) (Middle) C/O ORMAT TECHNOLOGIES, INC. 6884 SIERRA CENTER PARKWAY			3. Date of Earliest Transaction (Month/Day/Year) 03/02/2026
(Street) RENO NV 89511			4. If Amendment, Date of Original Filed (Month/Day/Year)					6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, 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/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)		5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)
Common Stock		03/02/2026		S(1)		869	D	$104.59	5,792	D
Common Stock		03/03/2026		S(2)		2,359	D	$105.16	3,433	D

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2

| Table II - Derivative Securities Acquired, 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 Securities
Underlying Derivative
Security (Instr. 3 and
4) | | 8. Price
of Derivative
Security
(Instr. 5) | 9. Number
of derivative
Securities
Beneficially Owned
Following
Reported
Transaction(s)
(Instr. 4) | 10. Ownership
Form:
Direct (D)
or Indirect
(I) (Instr.
4) | 11. Nature
of Indirect
Beneficial
Ownership
(Instr. 4) |
| | | | | Code | V | (A) | (D) | Date
Exercisable | Expiration Date | Title | Amount
or Number
of Shares | | | | |
| | | | | | | | | | | | | | | | |

Explanation of Responses:
1. Represents shares of common stock sold in the open market on March 2, 2026, in order to satisfy the reporting person's tax withholding obligations in connection with the vesting of Restricted Stock Units on March 1, 2026.
2. Represents shares of common stock sold in the open market on March 3, 2026, pursuant to a 10b5-1 Plan adopted by the reporting person on 06/30/2025, Modified 11/25/2025.

Remarks:

/s/ Jessica Woelfel
** Signature of Reporting Person

March 4, 2026
Date