Woelfel Jessica 4

What Happened
Jessica Woelfel, Ormat Technologies' General Counsel, Chief Compliance Officer and Corporate Secretary, sold a total of 3,927 shares of ORA common stock in open-market transactions for aggregate proceeds of about $432,196. The sales broke down as: 427 shares @ $107.37 ($45,847), 834 shares @ $110.37 ($92,049), and 2,666 shares @ $110.39 ($294,300). All transactions are recorded as sales (S).

Key Details

• Transaction dates and prices:
  • 2026-03-25: 427 shares @ $107.37 (F1) — $45,847
  • 2026-03-25: 834 shares @ $110.37 (F2) — $92,049
  • 2026-03-26: 2,666 shares @ $110.39 (F3) — $294,300
• Total shares sold: 3,927; total proceeds: ~$432,196.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnotes:
  • F1/F3: Sales on 3/25 and 3/26 made pursuant to a prearranged Rule 10b5-1 trading plan (adopted 06/30/2025; modified 11/25/2025).
  • F2: 834-share sale on 3/25 was an automatic sell-to-cover to satisfy tax withholding for RSUs that vested on 03/21/2026 (non-discretionary).
• Filing: Form 4 filed 2026-03-26 — within the normal 2-business-day reporting window (timely).

Context
Two of the sales were executed under a pre-established 10b5-1 plan (preplanned, automated trading), and one was a mandatory sell-to-cover for tax withholding on vested restricted stock units. These are common, non-discretionary insider sales and do not by themselves indicate management sentiment about the company. Purchases generally convey stronger signals than routine or tax-driven sales.