FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).See Instruction 10.

UNITED STATES

SECURITIES AND

EXCHANGE

COMMISSION

Washington, D.C. 20549

OMB APPROVAL

OMB Number:

3235-0287

Estimated average burden

hours per response:

0.5

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person* Angel, Isaac

(Last)(First) (Middle)

c/o Ormat Technologies, Inc.

6140 Plums St.

  1. Issuer Name and Ticker or Trading Symbol Ormat Technologies, Inc. [ORA]
  2. Date of Earliest Transaction (Month/Day/Year) 09/07/2023

5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_X_ Director

___ 10% Owner

___ Officer (give title

___ Other (specify below)

below)

(Street)

Reno NV 89519-6075

(City)

(State)

(Zip)

4. If Amendment, Date Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable

Line)

_X_ Form Filed by One Reporting Person

___ Form Filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)

Common Stock

Common Stock

Common Stock

Common Stock

2. Transaction

2A. Deemed

3.

4. Securities

5. Amount of Securities

6.

7. Nature

Date (Month /

Execution

Transaction

Acquired (A) or

Beneficially Owned

Ownership

of Indirect

Day / Year)

Date, if any

Code

Disposed of (D)

Following Reported

Form:

Beneficial

(Month / Day /

(Instr. 8)

(Instr. 3, 4 and 5)

Transaction(s)

Direct (D)

Ownership

Year)

(A)

(Instr. 3 and 4)

or Indirect

(Instr. 4)

(I)

or

(Instr. 4)

Code V

Amount

(D)

Price

09/07/2023

M

3,345

A

$55.16

45,278

D

09/07/2023

D

2,477

D

$74.48

74.48

D

09/07/2023

S

439

A

$75.08

42,362

D

(1) (2)

09/07/2023

S

429

D

$75.57

41,933

D

(2) (3)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned

(e.g., puts, calls, warrants, options, convertible securities)

1. Title of

2.

3.

3A.

4.

5.

6. Date Exercisable and

7. Title and

8. Price

9. Number

10.

11. Nature

Derivative

Conversion

Transaction

Deemed

Transaction

Number

Expiration Date

Amount of

of

of

Ownership

of Indirect

Security

or Exercise

Date

Execution

Code

of

(Month / Day / Year)

Securities

Derivative

Derivative

Form of

Beneficial

(Instr. 3)

Price of

(Month /

Date, if

(Instr. 8)

Derivative

Underlying

Security

Securities

Derivative

Ownership

Derivative

Day / Year)

any

Securities

Derivative

(Instr. 5)

Beneficially

Security:

(Instr. 4)

Security

(Month /

Acquired

Security

Owned

Direct (D)

Day /

(A) or

(Instr. 3 and 4)

Following

or Indirect

Year)

Disposed

Reported

(I)

of (D)

Transaction

(Instr. 4)

(Instr. 3,

(s)

4, and 5)

(Instr. 4)

Amount

or

Number

Date

Expiration

of

Code V

(A) (D)

Exercisable

Date

Title

Shares

Stock

$55.16

09/07/2023

M

3,345

11/07/2018

11/07/2023

Common

3,345

$0.00

0

D

Appreciation

Stock

Rights

(SARs)

Explanation of Responses:

  1. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.41 to $75.39, inclusive. The reporting person undertakes to provide to Ormat Technologies, Inc. (the "Company"), any securityholder of the Company or the staff of the Securities and Exchange Commission ("SEC Staff"), upon request, full information regarding the number of shares sold at each price within the range specified herein.
  2. These sales were made pursuant to a Rule 10b5-1 plan adopted by the reporting person on April 2, 2023.
  3. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.41 to $76.05, inclusive. The reporting person undertakes to provide to the Company, any securityholder of the Company or the SEC Staff, upon request, full information regarding the number of shares sold at each price within the range specified herein.

Signatures

/s/ Ehud Ben Yemini as Attorney -in-Fact

**Signature of Reporting Person

09/11/2023

Date

Reporting Owners

Reporting Owner Name / Address

Angel, Isaac

c/o Ormat Technologies, Inc. 6140 Plums St.

Reno NV 89519-6075

Relationships

Director 10% Owner Officer Other

X

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

  • If the form is filed by more than one reporting person, see Instruction 4(b)(v).
  • Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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Ormat Technologies Inc. published this content on 12 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 September 2023 08:41:05 UTC.