November 7, 2025 · Form 4 insider transaction
Woelfel Jessica sold 632 shares of Ormat Technologies, Inc. at $112.36 per share, a transaction worth $71.0K. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 3 days after the transaction.
This represents the difference between the number of SARs exercised (1,000) and the number of shares issued as a result of the exercise (368). The number of shares to be issued under a SAR exercise is determined by multiplying the number of SARs being exercised by the difference between the market value on the date of exercise ($112.36) and the exercise price ($71.15).