STERN STANLEY 4

What Happened

• Stanley Stern, a director of Ormat Technologies, sold 577 shares of Ormat common stock in an open-market transaction on May 15, 2026. The shares were sold at $130.17 per share for a total proceeds of approximately $75,108. This was a sale (transaction code S), which is often a routine disposition and not necessarily a signal about company prospects.

Key Details

• Transaction date: 2026-05-15
• Price per share: $130.17; Shares sold: 577; Total value: ~$75,108
• Transaction type: Open-market sale (footnote F1: confirms shares sold in the open market)
• Shares owned after transaction: Not disclosed in the filing
• Filing timeliness: Report filed 2026-05-15 with Period of Report 2026-05-15 — appears to be filed promptly; no late-filing indication
• No 10b5-1 plan, option exercise, gift, or tax-withholding notation was indicated in the provided filing details

Context

• Sales by directors can be for many personal reasons (portfolio rebalancing, liquidity needs, diversification) and are not by themselves definitive indicators of management’s view. For retail investors, purchases generally carry more informational weight; this filing documents a routine open-market sale by a director.