ORA ORMAT TECHNOLOGIES, INC. Insider Trading

EVP Benyosef Ofer sells full 9,429-share position at ORA for $1.2M via scheduled 10b5-1 plan

Benyosef Ofer, EVP of Energy Storage & Business Development at ORMAT TECHNOLOGIES, liquidated his entire 9,429-share holding through three separate transactions on 2026-05-13, with the largest tranche of 9,429 shares sold at $131.02 per share for $1,235,387.58. This transaction is part of a pre-arranged 10b5-1 trading plan, meaning it was scheduled in advance rather than discretionary. The stock has appreciated +15.6% over the past 30 days and +11.3% over 90 days, trading at $131.52 with a 52-week high of $138.52. Given the scheduled nature of this plan, no inference about timing quality can be drawn from the transaction itself or prior trading patterns.

Then-CFO Assi sells 17,776 shares for $2.4M; retains 1,970 shares; stock +15.6% in 30 days

Ginzburg Assi, who was CFO at the time of filing, executed 4 separate sales totaling 17,776 shares for $2,395,233.08 on 2026-05-14, reducing his stake from 19.7K shares to 2.0K shares. The timing context is mixed: the stock is currently at $131.52, up 15.6% over the past 30 days and 11.3% over 90 days, placing it 5.0% below its 52-week high of $138.52. His prior 3 sales at ORA produced 90-day returns of +7.6%, +16.6%, and +12.5%, none of which represents favorable timing for a seller. The company's fundamentals show strong growth: annual revenue of $403.9M (+12.5% year-over-year), net income of $44.1M, and a market cap of $8.1B, though the P/E of 63.23 reflects elevated valuation. The substantial reduction in his direct holding and the scale of the transaction warrant monitoring, particularly given the continued upward price momentum post-filing.

Director Angel Isaac sells 18,018 ORA shares at $112.42 (2.0M total); reduces stake 37.8%; extended rally near 52-week highs

Angel Isaac, Director of ORMAT TECHNOLOGIES, sold 18,018 shares (18.0K shares) on 2025-11-07 at $112.42, reducing his holdings from 47,668 shares to 29,650 shares—a -37.8% reduction. The sale occurred near the company's 52-week peak at $114.75, with current price at $114.47, only -0.2% from the high. The stock is up 10.1% over 30 days and 28.8% over 90 days. Across his same-ticker history at ORA, Isaac's 5 prior sells (all in September 2023) demonstrated a 90-day well-timed rate of 5 of 5 (100%)—all resulted in subsequent declines. While the current sale comes after sustained strength and Isaac retains 29,650 shares, his historical pattern of precise downside timing at this ticker warrants attention as the stock approaches resistance at 52-week extremes.

CFO Ginzburg sells 20,000 ORA shares ($2.3M) at $112.72, reducing holdings 81.7%; stock now -0.2% from 52-week high.

Ginzburg Assi, Chief Financial Officer of Ormat Technologies, sold 20,000 shares for $2,254,500.00 on 2025-11-07 at $112.72, reducing his holdings from 24,482 shares to 4,482 shares—a material 81.7% reduction. The sale occurred near the stock's 52-week peak of $114.75 (current price $114.47 is -0.2% from that high), and the stock has surged 28.8% over the prior 90 days and 10.1% over the prior 30 days. His prior open-market sell at ORA on 2025-09-18 showed a +16.5% return in the following 30 days, indicating the previous sale did not precede a pullback. With a market cap of $6,957,691,730.24 and a P/E of 52.27, the valuation appears stretched; a CFO's decision to divest most of his remaining position while price momentum remains strong is noteworthy, though the recent outperformance and proximity to 52-week highs provide context for the timing.

EVP Benyosef Ofer sells 9,890 shares of ORA at $115.00 (10b5-1 plan)

Benyosef Ofer, EVP of Energy Storage & Business Development at Ormat Technologies, sold 9,890 shares at $115.00 on 2025-11-05, reducing his holdings from 11,511 shares to 1,621 shares—a reduction of 85.9% versus pre-transaction holdings. This transaction is governed by a pre-arranged 10b5-1 trading plan, meaning it was scheduled in advance and does not reflect a discretionary decision made in response to current market conditions or company developments. The substantial reduction in his direct equity stake warrants monitoring, though the mechanical nature of the 10b5-1 execution limits inference about his present views on the company's trajectory.

CEO Doron sold 14,994 shares of ORA at $94.71 (total $1.4M) via pre-arranged 10b5-1 plan.

Blachar Doron, Chief Executive Officer, sold 14,994 shares at $94.71 on 2025-09-29 as part of a pre-arranged 10b5-1 trading plan, reducing his holdings from 50,413 shares to 35,419 shares (a reduction of 29.7% of pre-transaction holdings). The 10b5-1 structure indicates this transaction was scheduled in advance and not a discretionary trading decision. While the sale represents a material reduction in CEO holdings, the prearranged nature means it does not reflect real-time judgment about current valuation or near-term prospects. The CEO retains a substantial position of 35,419 shares post-transaction.

CFO Ginzburg sells 9,343 ORA shares at $93.31; reduces stake 27.6% to 24,482 shares post-sale

CFO Assi Ginzburg sold 9,343 shares of ORMAT on 2025-09-18 at $93.31, reducing his holdings from 33,825 to 24,482 shares—a substantial -27.6% reduction in position size. The stock is currently trading at $92.67, -2.3% from the 52-week high of $94.85, and the 90-day performance is +7.4%, indicating the stock has appreciated since the sale. His prior sale at this same ticker (2025-08-22) showed a similar -2.3% 30-day return, establishing a consistent pattern in recent transactions. The company's fundamentals show solid execution: $234.0M in latest quarterly revenue, $28.0M net income, and 6.1% annual revenue growth, though the P/E of 42.90 reflects a premium valuation relative to growth rates.

CFO Ginzburg sells 7,066 ORA shares at $94.71; retains 33,825 shares post-transaction

Ginzburg Assi, Chief Financial Officer of Ormat Technologies, sold 7,066 shares at $94.71 on 2025-08-22, representing a 17.3% reduction in his holdings from 40,891 to 33,825 shares. The sale occurred near the 52-week high of $94.85, with the stock currently trading at $92.65, having gained 28.0% over the prior 90 days. While the magnitude of the sale is material for a CFO position, the retention of 33,825 shares indicates continued significant alignment with the company. The transaction occurs within the context of strong recent stock performance and a P/E of 42.89 applied to a $5.6B market cap company showing 6.1% annual revenue growth and healthy profitability of $28.0M in the latest quarter.

ORIX Corp sold 3.70M ORA shares at $75.38 on 2024-12-13; stake reduced 55.4% to 2.98M shares

ORIX Corp divested 3,700,000 shares of ORMAT TECHNOLOGIES, INC. on 2024-12-13 at $75.38, reducing its holding from 6,676,077 shares to 2,976,077 shares—a reduction of 55.4% in stake size. The sale totaled $278,906,000.00. This material reduction in a major shareholder position warrants investor attention, particularly given the company's strong recent fundamentals: ORMAT reported annual revenue growth of +13.0%, a latest-quarter net income of $22,082,000.00, and a market cap of $4,384,548,135.00. Since the transaction, ORA has declined 8.5% over 30 days and 13.5% from its 52-week high of $83.84, trading at $72.50 versus the sale price of $75.38. The substantial exit by a significant institutional holder—executed at a price near the 52-week peak—may signal a reassessment of valuation or strategic positioning despite solid operational performance.