STERN STANLEY 4
4 · ORMAT TECHNOLOGIES, INC. · Filed Sep 30, 2025
Insider Transaction Report
Form 4
STERN STANLEY
Director
Transactions
- Sale
Common Stock
2025-09-30$95.98/sh−400$38,392→ 4,861 total - Disposition to Issuer
Common Stock
2025-09-26$94.83/sh−981$93,028→ 5,490 total - Exercise/Conversion
Stock Appreciation Rights (SARs)
2025-09-26−1,210→ 0 totalExercise: $76.87From: 2020-11-07Exp: 2025-11-06→ Common Stock (1,210 underlying) - Sale
Common Stock
2025-09-26$94.83/sh−229$21,716→ 5,261 total - Exercise/Conversion
Common Stock
2025-09-26$76.87/sh+1,210$93,013→ 6,471 total
Footnotes (2)
- [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).