---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-014303"
form_type: "8-K"
ticker: "ORA"
cik: "0001296445"
company_name: "ORMAT TECHNOLOGIES, INC."
filed_at: "2022-06-06T23:59:59+00:00"
generated_at: "2026-06-25T04:14:01.034930+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Ormat shareholders elect two new independent directors, approve amended incentive plan

## Summary
- Shareholders elected Michal Marom and Karin Corfee to board, replacing Dan Falk and Albertus Bruggink.
- Marom will chair audit committee and serve on compensation committee; Corfee brings 30 years energy industry experience.
- Approved amended 2018 Incentive Compensation Plan increasing shares authorized and implementing one-year minimum vesting.
- One-third of board now represented by women.
- All nine director nominees elected; auditor ratification and say-on-pay passed.

## SEC filing metadata
- accession: 0001437749-22-014303
- form_type: 8-K
- ticker: ORA
- cik: 0001296445
- company_name: ORMAT TECHNOLOGIES, INC.
- filed_at: 2022-06-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 5.07, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1296445/000143774922014303/0001437749-22-014303-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1296445/000143774922014303/ora20220603_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-014303
- JSON: https://secwatch.observer/filing/0001437749-22-014303.json
- Plain text: https://secwatch.observer/filing/0001437749-22-014303.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.