November 10, 2025 · Form 4 insider transaction
Woelfel Jessica sold 1,168 shares of Ormat Technologies, Inc. at $115.00 per share, a transaction worth $134.3K. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 0 days after the transaction.
This represents the difference between the number of SARs exercised (1,889) and the number of shares issued as a result of the exercise (721). 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 ($115.00) and the exercise price ($71.15).