Ginzburg Assi 4
4 · ORMAT TECHNOLOGIES, INC. · Filed Aug 25, 2025
Insider Transaction Report
Form 4
Ginzburg Assi
Chief Financial Officer
Transactions
- Exercise/Conversion
Stock Appreciation Rights (SARs)
2025-08-22−25,524→ 0 totalExercise: $68.34From: 2020-05-12Exp: 2026-05-12→ Common Stock (25,524 underlying) - Disposition to Issuer
Common Stock
2025-08-22$94.71/sh−18,458$1,748,157→ 40,891 total - Sale
Common Stock
2025-08-22$94.71/sh−7,066$669,221→ 33,825 total - Exercise/Conversion
Common Stock
2025-08-22$68.34/sh+25,524$1,744,310→ 59,349 total
Footnotes (2)
- [F1]Represents the exercise of Stock Appreciation Rights ("SARs") expiring on May 12, 2026, for which the reporting person exercised all 25,524 shares, disposed of 18,458 shares to the issuer to cover the exercise price of the SARs, and sold the remaining 7,066 shares acquired upon exercise in the open market on August 22, 2025.
- [F2]Each SAR represents the right to receive shares of ORA common stock with a value equal to the amount by which the market value of the shares in respect of which the SAR is exercised exceeds the grant price set forth in the SAR, multiplied by the number of shares in respect of which the SAR is exercised.