Ormat Insider Ginzburg Reports Ownership Change

TL;DR

**Ormat insider Ginzburg filed a Form 4, signaling a change in their stock ownership.**

AI Summary

This Form 4 filing indicates that Assi Ginzburg, an insider, reported changes in beneficial ownership of securities in Ormat Technologies, Inc. (ORA) on March 21, 2026. While the filing itself doesn't detail the specific transaction (buy or sell), it signals that an executive or director at Ormat has adjusted their holdings. This matters to investors because insider transactions can sometimes signal management's confidence (or lack thereof) in the company's future prospects, potentially influencing stock price.

Why It Matters

Insider transaction filings like this can provide clues about how company executives view the stock's value, which can be a signal for other investors.

Risk Assessment

Risk Level: low — This filing is purely informational and does not inherently pose a direct financial risk, but rather provides data for investor analysis.

Analyst Insight

An investor should look for the full details of the transaction within the Form 4 document to determine if Ginzburg Assi bought or sold shares, and then consider the size and context of the transaction to gauge its potential significance.

Key Players & Entities

• Ginzburg Assi (person) — Reporting Person
• Ormat Technologies, Inc. (company) — Issuer of securities
• 0001361024 (person) — CIK of Ginzburg Assi
• 0001296445 (company) — CIK of Ormat Technologies, Inc.

FAQ

Filing Documents

• rdgdoc.html (4)
• rdgdoc.xml (4) — 10KB
• 0001437749-26-009681.txt ( ) — 12KB

From the Filing

SEC FORM 4 SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 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. 1. Name and Address of Reporting Person * Ginzburg Assi (Last) (First) (Middle) C/O ORMAT TECHNOLOGIES, INC. 6884 SIERRA CENTER PARKWAY (Street) RENO NEVADA 89511 (City) (State) (Zip) UNITED STATES (Country) 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) Chief Financial Officer 2a. Foreign Trading Symbol 3. Date of Earliest Transaction (Month/Day/Year) 03/21/2026 6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person 4. If Amendment, Date of Original Filed (Month/Day/Year) 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) Price Common Stock 03/21/2026 M (1) 1,064 A $ 0 10,576 D Common Stock 03/21/2026 M (2) (3) 6,611 A $ 0 17,187 D 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 Restricted Stock Units (1) 03/21/2026 M 1,064 (1) (1) Common Stock 1,064 $ 0 1,064 D Restricted Stock Units (2) (3) 03/21/2026 A 2,205 (2) (3) (2) (3) Common Stock 2,205 $ 0 2,205 D Explanation of Responses: 1. This portion of restricted stock units (the "RSUs") vested on March 21, 2026, being the third anniversary of the grant date. Each RSU represents the right to receive one share of ORA common stock upon vesting; these RSUs were granted on March 21, 2023, and vest 25% on each of the first, second, third and fourth anniversaries of the grant date. 2. On March 21, 2023, the reporting person was granted performance stock units (with a target amount of 6,413), each of which represents the right to receive one share of ORA common stock upon vesting (the "PSUs"). Pursuant to their terms, the PSUs are not deemed vested until they are both performance-vested and time-vested. The PSUs performance vest on the third anniversary of the grant date, based on the issuer's achievement of the performance goals (50% relative total stockholder return ("relative TSR") and 50% megawatt capacity ("MW capacity")) between the grant date and such third anniversary, in certain amounts (between 0% and 150% of target on the relative TSR goals, and between 0% and 200% of target on the MW capacity goals), and time vest 75% on the third anniversary of the grant date, and 25% on the fourth anniversary, based on the reporting person's continued service. 3. On March 21, 2026, the third anniversary of the grant date of the PSUs, the PSUs performance vested, based on achievement of 75% on the relative TSR goals and 200% on the MW capacity goals. 75% (6,611 PSUs) were immediately paid out, as they were time-vested based on the reporting person's continued service since the grant date. The remaining 25% (2,205 PSUs) remain subject to time-vesting until the fourth anniversary of the grant date, based on the reporting perso

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