Assi Ginzburg, CFO of Ormat Technologies (NASDAQ:ORA), sold common stock worth approximately $2,395,233 on May 14.
The sales were executed at weighted average prices between $133.118 and $135.019 per share, just below the 52-week high of $138.51.
Ginzburg sold 2,559 shares at an average price of $133.118 and 15,217 shares at an average price of $135.019.
Prior to the sales, he acquired 5,502 shares at $71.15 each through the exercise of Stock Appreciation Rights (SARs).
Following the transactions, Ginzburg directly holds 1,970 shares. The company has paid dividends for 22 consecutive years.
