ORA · Ormat Technologies, Inc. · Insider Trading

Represents shares of common stock sold in the open market on July 1, 2026, in order to satisfy the reporting person's tax withholding obligations in connection with the vesting of RSUs on June 30, 2026.

This portion of restricted stock units (the "RSUs") vested on June 30, 2026, being the first anniversary of the grant date. Each RSU represents the right to receive one share of ORA common stock upon vesting; these RSUs were granted on June 30, 2025, and vest 33.3% on each of the first, second, and third anniversaries of the grant date.

This portion of restricted stock units (the "RSUs") vested on June 30, 2026, being the first anniversary of the grant date. Each RSU represents the right to receive one share of ORA common stock upon vesting; these RSUs were granted on June 30, 2025, and vest 33.3% on each of the first, second, and third anniversaries of the grant date.

Each Restricted Stock Unit (RSU) represents the right to receive one share of ORA common stock upon vesting.

This portion of RSUs will vest (100%) on June 2, 2027, the one-year anniversary of the date of grant.

Each Restricted Stock Unit (RSU) represents the right to receive one share of ORA common stock upon vesting.

This portion of RSUs will vest (100%) on June 2, 2027, the one-year anniversary of the date of grant.

Each Restricted Stock Unit (RSU) represents the right to receive one share of ORA common stock upon vesting.

This portion of RSUs will vest (100%) on June 2, 2027, the one-year anniversary of the date of grant.

Each Restricted Stock Unit (RSU) represents the right to receive one share of ORA common stock upon vesting.

This portion of RSUs will vest (100%) on June 2, 2027, the one-year anniversary of the date of grant.

Each Restricted Stock Unit (RSU) represents the right to receive one share of ORA common stock upon vesting.

This portion of RSUs will vest (100%) on June 2, 2027, the one-year anniversary of the date of grant.

Each Restricted Stock Unit (RSU) represents the right to receive one share of ORA common stock upon vesting.

This portion of RSUs will vest (100%) on June 2, 2027, the one-year anniversary of the date of grant.

Each Restricted Stock Unit (RSU) represents the right to receive one share of ORA common stock upon vesting.

This portion of RSUs will vest (100%) on June 2, 2027, the one-year anniversary of the date of grant.

Each Restricted Stock Unit (RSU) represents the right to receive one share of ORA common stock upon vesting.

This portion of RSUs will vest (100%) on June 2, 2027, the one-year anniversary of the date of grant.

Represents shares of common stock sold in the open market on May 27, 2026.

The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $138.38 to $138.49, inclusive. The reporting person undertakes to provide to Company, any securityholder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range specified herein.

Represents shares of common stock sold in the open market on May 21, 2026.

Represents shares of common stock sold in the open market on May 20, 2026.

Represents shares of common stock sold in the open market on May 19, 2026.

Represents shares of common stock sold in the open market on May 15, 2026.

Represents shares of common stock sold in the open market on May 14, 2026.

The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $133.02 to $133.21, inclusive. The reporting person undertakes to provide to Company, any securityholder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range specified herein.

This represents the difference between the number of SARs exercised (5,502) and the number of shares issued as a result of the exercise (2,559). 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 ($133.118, see footnote 4) and the exercise price ($71.15).

Represents shares of common stock sold in the open market on May 14, 2026.

The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $135.00 to $135.265, inclusive. The reporting person undertakes to provide to Company, any securityholder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range specified herein.

This represents the exercise of Stock Appreciation Rights ("SAR") expiring on March 1, 2028, for which the reporting person exercised all 5,502 shares.

This represents the exercise of Stock Appreciation Rights ("SAR") expiring on 03/01/2028, for which the reporting person exercised 1,101 shares; the reporting previously exercised 3,300 shares on November 5, 2025.

This Form 4 reports pre-transaction beneficial ownership of 8,930 shares of Common Stock, which differs by 2 shares from the post-transaction beneficial ownership total reported on the filer's most recent prior Form 4 filed on March 24, 2026. This discrepancy is attributable to a rounding / calculation error, and does not reflect any unreported acquisition or disposition of securities. The correct pre-transaction total is 8,930 shares as reported herein.

This represents the difference between the number of SARs exercised (1,101) and the number of shares issued as a result of the exercise (499). 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 ($131.02) and the exercise price ($71.15).

Represents shares of common stock sold in the open market on May 13, 2026.

Represents shares of common stock sold in the open market on May 13, 2026 pursuant to a 10b5-1 Plan adopted by the reporting person on 06/26/2025, Modified 12/12/2025.

Represents shares of common stock sold in the open market on May 11, 2026, pursuant to a 10b5-1 Plan adopted by the reporting person on 11/18/2025.

Each Restricted Stock Unit ("RSU") represents the right to receive one share of ORA common stock upon vesting.

On May 7, 2026, the first-year anniversary of the grant, 100% of the Restricted Stock Units vested.

Each Restricted Stock Unit ("RSU") represents the right to receive one share of ORA common stock upon vesting.

On May 7, 2026, the first-year anniversary of the grant, 100% of the Restricted Stock Units vested.

Each Restricted Stock Unit ("RSU") represents the right to receive one share of ORA common stock upon vesting.

On May 7, 2026, the first-year anniversary of the grant, 100% of the Restricted Stock Units vested.

Each Restricted Stock Unit ("RSU") represents the right to receive one share of ORA common stock upon vesting.

On May 7, 2026, the first-year anniversary of the grant, 100% of the Restricted Stock Units vested.

Each Restricted Stock Unit ("RSU") represents the right to receive one share of ORA common stock upon vesting.

On May 7, 2026, the first-year anniversary of the grant, 100% of the Restricted Stock Units vested.

Each Restricted Stock Unit ("RSU") represents the right to receive one share of ORA common stock upon vesting.

On May 7, 2026, the first-year anniversary of the grant, 100% of the Restricted Stock Units vested.

Each Restricted Stock Unit ("RSU") represents the right to receive one share of ORA common stock upon vesting.

On May 7, 2026, the first-year anniversary of the grant, 100% of the Restricted Stock Units vested.

Each Restricted Stock Unit ("RSU") represents the right to receive one share of ORA common stock upon vesting.

On May 7, 2026, the first-year anniversary of the grant, 100% of the Restricted Stock Units vested.

Each Restricted Stock Unit ("RSU") represents the right to receive one share of ORA common stock upon vesting.

On May 7, 2026, the first-year anniversary of the grant, 100% of the Restricted Stock Units vested.

Each Restricted Stock Unit ("RSU") represents the right to receive one share of ORA common stock upon vesting.

On May 7, 2026, the first-year anniversary of the grant, 100% of the Restricted Stock Units vested.

Each Restricted Stock Unit ("RSU") represents the right to receive one share of ORA common stock upon vesting.

On May 7, 2026, the first-year anniversary of the grant, 100% of the Restricted Stock Units vested.

Each Restricted Stock Unit ("RSU") represents the right to receive one share of ORA common stock upon vesting.

On May 7, 2026, the first-year anniversary of the grant, 100% of the Restricted Stock Units vested.

Each Restricted Stock Unit ("RSU") represents the right to receive one share of ORA common stock upon vesting.

On May 7, 2026, the first-year anniversary of the grant, 100% of the Restricted Stock Units vested.

Each Restricted Stock Unit ("RSU") represents the right to receive one share of ORA common stock upon vesting.

On May 7, 2026, the first-year anniversary of the grant, 100% of the Restricted Stock Units vested.

Each Restricted Stock Unit ("RSU") represents the right to receive one share of ORA common stock upon vesting.

On May 7, 2026, the first-year anniversary of the grant, 100% of the Restricted Stock Units vested.

Each Restricted Stock Unit ("RSU") represents the right to receive one share of ORA common stock upon vesting.

On May 7, 2026, the first-year anniversary of the grant, 100% of the Restricted Stock Units vested.

Represents shares of common stock sold in the open market on March 26, 2026, pursuant to a 10b5-1 Plan adopted by the reporting person on 06/30/2025, Modified 11/25/2025.

Represents shares of common stock sold in the open market on March 25, 2026, pursuant to a 10b5-1 Plan adopted by the reporting person on 06/30/2025, Modified 11/25/2025.

Represents shares of common stock sold in the open market on March 25, 2026, as part of an automatic sell-to-cover transaction, which was non-discretionary and mandated by the applicable award agreement, in order to satisfy the reporting person's tax withholding obligations in connection with the vesting of restricted stock units on March 21, 2026.

Represents shares of common stock sold in the open market on March 24, 2026, as part of an automatic sell-to-cover transaction, which was non-discretionary and mandated by the applicable award agreement, in order to satisfy the reporting person's tax withholding obligations in connection with the vesting of RSUs on March 21, 2026.

On March 21, 2023, the reporting person was granted performance stock units (with a target amount of 3,395), each of which represents the right to receive one share of ORA common stock upon vesting (the "PSUs"). Pursuant to their terms, the PSUs are not deemed vested until they are both performance-vested and time-vested. The PSUs performance vest on the third anniversary of the grant date, based on the issuer's achievement of the performance goals (50% relative total stockholder return ("relative TSR") and 50% megawatt capacity ("MW capacity")) between the grant date and such third anniversary, in certain amounts (between 0% and 150% of target on the relative TSR goals, and between 0% and 200% of target on the MW capacity goals), and time vest 75% on the third anniversary of the grant date, and 25% on the fourth anniversary, based on the reporting person's continued service.

On March 21, 2026, the third anniversary of the grant date of the PSUs, the PSUs performance vested, based on achievement of 75% on the relative TSR goals and 200% on the MW capacity goals. 75% (3,500 PSUs) were immediately paid out, as they were time-vested based on the reporting person's continued service since the grant date. The remaining 25% (1,168 PSUs) remain subject to time-vesting until the fourth anniversary of the grant date, based on the reporting person's continued service, and are thus represented as RSUs. Each RSU represents the right to receive one share of ORA common stock upon vesting.

This portion of restricted stock units (the "RSUs") vested on March 21, 2026, being the third anniversary of the grant date. Each RSU represents the right to receive one share of ORA common stock upon vesting; these RSUs were granted on March 21, 2023, and vest 25% on each of the first, second, third and fourth anniversaries of the grant date.

On March 21, 2023, the reporting person was granted performance stock units (with a target amount of 6,413), each of which represents the right to receive one share of ORA common stock upon vesting (the "PSUs"). Pursuant to their terms, the PSUs are not deemed vested until they are both performance-vested and time-vested. The PSUs performance vest on the third anniversary of the grant date, based on the issuer's achievement of the performance goals (50% relative total stockholder return ("relative TSR") and 50% megawatt capacity ("MW capacity")) between the grant date and such third anniversary, in certain amounts (between 0% and 150% of target on the relative TSR goals, and between 0% and 200% of target on the MW capacity goals), and time vest 75% on the third anniversary of the grant date, and 25% on the fourth anniversary, based on the reporting person's continued service.

On March 21, 2026, the third anniversary of the grant date of the PSUs, the PSUs performance vested, based on achievement of 75% on the relative TSR goals and 200% on the MW capacity goals. 75% (6,611 PSUs) were immediately paid out, as they were time-vested based on the reporting person's continued service since the grant date. The remaining 25% (2,205 PSUs) remain subject to time-vesting until the fourth anniversary of the grant date, based on the reporting person's continued service, and are thus represented as RSUs. Each RSU represents the right to receive one share of ORA common stock upon vesting.