Stanley Stern - Sep 26, 2025 Form 4 Insider Report for ORMAT TECHNOLOGIES, INC. (ORA)

Role
Director
Signature
/s/ Jessica Woelfel - as attorney-in-fact
Stock symbol
ORA
Transactions as of
Sep 26, 2025
Transactions value $
-$60,124
Form type
4
Date filed
9/30/2025, 09:56 PM
Previous filing
Aug 29, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
STERN STANLEY Director C/O ORMAT TECHNOLOGIES, INC., 6884 SIERRA CENTER PARKWAY, RENO /s/ Jessica Woelfel - as attorney-in-fact 2025-09-30 0001098567

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ORA Common Stock Options Exercise $93K +1.21K +23% $76.87 6.47K Sep 26, 2025 Direct F1
transaction ORA Common Stock Disposed to Issuer -$93K -981 -15.16% $94.83 5.49K Sep 26, 2025 Direct F2
transaction ORA Common Stock Sale -$21.7K -229 -4.17% $94.83 5.26K Sep 26, 2025 Direct
transaction ORA Common Stock Sale -$38.4K -400 -7.6% $95.98 4.86K Sep 30, 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ORA Stock Appreciation Rights (SARs) Options Exercise $0 -1.21K -100% $0.00 0 Sep 26, 2025 Common Stock 1.21K $76.87 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the exercise of Stock Appreciation Rights ("SARs") expiring on November 6, 2025, for which the reporting person exercised all 1,210 shares.
F2 This represents the difference between the number of SARs exercised (1,210) and the number of shares issued as a result of the exercise (229). The number of shares to be issued under a SAR exercise is determined by multiplying the number of SARs being exercised by the difference between the market value on the date of exercise ($94.83) and the exercise price ($76.87).