Ormat Technologies (ORA) Director Michal Marom Sells 3,080 Shares

What Happened

• Michal Marom (listed in the filing as Marom Michal), a director of Ormat Technologies (ORA), sold 3,080 shares of ORA common stock in an open-market transaction on May 19, 2026.
• The shares were sold at $130.97 per share for total proceeds of approximately $403,403. This was a sale (transaction code S), which is often routine insider selling rather than a bullish purchase signal.

Key Details

• Transaction date and price: May 19, 2026 — 3,080 shares sold at $130.97 per share.
• Total value: Approximately $403,403.
• Shares owned after transaction: Not provided in the summary supplied here — see the Form 4 “Amount of Securities Owned Following Reported Transaction” for the post-sale holding.
• Footnote: F1 indicates these shares were sold in the open market on May 19, 2026.
• Filing timeliness: Report filed May 21, 2026 (within the typical two-business-day Form 4 reporting window), so it appears timely.

Context

• This was a straightforward open-market sale of existing shares — not an option exercise, award, or gift. Sales do not by themselves indicate management’s view of long-term prospects; they may reflect diversification, liquidity needs, or routine portfolio management.
• No 10% owner, 10b5-1 plan, or tax-withholding notation was provided in the supplied details; check the full Form 4 for any additional commentary or schedules.