Director Sells All Direct Shares for $470K Amidst 52-Week Highs

summarizeSummary

A director of Ormat Technologies sold all of their directly held shares for $470,018, fully divesting their direct stake while the stock trades near its 52-week high.

check_boxKey Events

• Director Divests All Direct Holdings

  Director Granot David sold 3,519 shares of common stock in two open market transactions on May 20 and May 21, 2026.

• Total Sale Value of $470,018

  The transactions generated total proceeds of $470,018, with shares sold at prices ranging from $132.70 to $134.43.

• Complete Exit of Direct Shares

  Following these sales, the director holds 0 directly owned shares, indicating a full divestment of their direct stake.

• Sale Near 52-Week Highs

  The sales occurred while Ormat Technologies' stock is trading near its 52-week high of $138.515.

auto_awesomeAnalysis

Director David Granot sold all of his directly held shares, totaling $470,018, over two days. This complete divestment by a director, especially while the stock is trading near its 52-week high, can be interpreted as a lack of conviction in future upside or a decision to lock in gains. This transaction contributes to a net insider distribution trend observed over the past 90 days.