Marom Michal 4

What Happened

• Marom Michal, a director of Ormat Technologies, was awarded 899 restricted stock units (RSUs) on June 2, 2026. The grant is recorded at $0.00 per share (derivative award), with no immediate cash exchanged. Each RSU represents the right to one share of ORA common stock upon vesting.

Key Details

• Transaction date: 2026-06-02; Grant type: Award/Grant (code A); Amount: 899 RSUs; Price shown: $0.00.
• Vesting: This portion of RSUs vests 100% on June 2, 2027 (one-year anniversary of grant).
• Shares owned after transaction: Not reported in the provided filing excerpt.
• Footnotes: F1 — each RSU equals one share upon vesting; F2 — full vesting on 6/2/2027.
• Filing: Form 4 filed 2026-06-04 (appears timely based on the reported transaction date).

Context

• RSU grants are compensation/retention awards, not open‑market purchases or sales. They don’t represent immediate shares or a cash outlay; shares will be delivered only upon vesting (subject to company policies and applicable tax withholding).
• Such awards are common for executives and directors and are not direct indicators of personal buying or selling sentiment.