Ormat Technologies Files 2025 Proxy Statement
Ticker: ORA · Form: DEF 14A · Filed: Mar 27, 2025 · CIK: 1296445
| Field | Detail |
|---|---|
| Company | Ormat Technologies, INC. (ORA) |
| Form Type | DEF 14A |
| Filed Date | Mar 27, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, executive-compensation, governance
TL;DR
Ormat's proxy statement is out - shareholders vote on exec pay & board matters soon.
AI Summary
Ormat Technologies, Inc. filed its definitive proxy statement on March 27, 2025, for the fiscal year ending December 31, 2024. The filing details executive compensation, board member information, and proposals to be voted on at the upcoming annual meeting. Key individuals like Isaac Angel and Doron Blachar are listed as members with compensation data for the covered years.
Why It Matters
This filing provides shareholders with crucial information regarding the company's governance, executive pay, and voting matters, enabling informed participation in corporate decisions.
Risk Assessment
Risk Level: low — This is a routine proxy filing providing information to shareholders and does not inherently introduce new risks.
Key Numbers
- 2024-12-31 — Fiscal Year End (The period covered by the financial information in the proxy statement.)
- 20250327 — Filing Date (The date Ormat Technologies filed this definitive proxy statement.)
Key Players & Entities
- Ormat Technologies, Inc. (company) — Filer of the DEF 14A
- Isaac Angel (person) — Board Member
- Doron Blachar (person) — Board Member
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, or Definitive Proxy Statement, is used by companies to solicit proxies from shareholders for an upcoming annual or special meeting, providing details on matters to be voted upon, including director elections and executive compensation.
Who are the key individuals mentioned in relation to compensation or board membership?
Isaac Angel and Doron Blachar are mentioned as members, with their compensation and stock award information detailed for various fiscal years, including 2024.
What is the fiscal year end for Ormat Technologies?
Ormat Technologies' fiscal year ends on December 31.
When was this definitive proxy statement filed?
This definitive proxy statement was filed on March 27, 2025.
What is the SIC code for Ormat Technologies?
The Standard Industrial Classification (SIC) code for Ormat Technologies is 4911, which corresponds to Electric Services.
Filing Details
This Form DEF 14A (Form DEF 14A) was filed with the SEC on March 27, 2025 by Isaac Angel regarding ORMAT TECHNOLOGIES, INC. (ORA).