Angel Isaac 4
4 · ORMAT TECHNOLOGIES, INC. · Filed Jun 4, 2026
Research Summary
AI-generated summary of this filing
Ormat (ORA) Director Angel Isaac Receives 1,245 RSU Award
What Happened
- Angel Isaac, a director of Ormat Technologies, was awarded 1,245 restricted stock units (RSUs) on June 2, 2026. The filing shows an acquisition at $0.00 (transaction code A — award/grant); these are derivative awards rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-02; Form 4 filed: 2026-06-04 (timely filing).
- Security: 1,245 RSUs (each RSU = right to receive one share upon vesting).
- Reported price: $0.00 (indicates grant/award, not a cash purchase).
- Vesting: 100% of this portion vests on June 2, 2027 (one-year cliff) per footnote.
- Shares owned after transaction: not specified in the filing.
- Transaction type: A (award/grant); no 10b5-1 plan, tax-withholding, or late-filing flags noted.
Context
- RSU grants are a common form of executive/director compensation; they convert to actual shares only upon vesting, so this is not an immediate purchase of stock. This grant should be viewed as compensation rather than a direct bullish or bearish trading signal.
Insider Transaction Report
Form 4
Angel Isaac
Director
Transactions
- Award
Restricted Stock Units
[F1][F2]2026-06-02+1,245→ 1,245 total→ Common Stock (1,245 underlying)
Footnotes (2)
- [F1]Each Restricted Stock Unit (RSU) represents the right to receive one share of ORA common stock upon vesting.
- [F2]This portion of RSUs will vest (100%) on June 2, 2027, the one-year anniversary of the date of grant.
Signature
/s/ Jessica Woelfel, as attorney-in-fact|2026-06-04