Fervo director granted RSUs and stock options
Fervo Energy Co director Anne M. Cleary received new equity awards in the form of restricted stock units and stock options.
Rhea-AI Filing Summary
Fervo Energy Co director Anne M. Cleary received new equity awards in the form of restricted stock units and stock options. She was granted 9,259 RSUs, each representing one share of Class A Common Stock, which will vest in full on the earlier of the company’s 2027 annual meeting or May 14, 2027. She was also granted options on 43,164 shares of Class A Common Stock at an exercise price of $5.91 per share, vesting in 12 substantially equal monthly installments starting January 23, 2026 and expiring on January 25, 2036. Both awards are reported as direct beneficial ownership and are compensation-related acquisitions rather than open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 52,423 shares
Grant/Award
2 txns
Insider
Cleary Anne M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 9,259 | $0.00 | $0.00 |
| Grant/Award | Stock Option | 43,164 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option — 43,164 contracts (Direct);
Restricted Stock Units — 9,259 contracts (Direct)
Footnotes (4)
- F1. This transaction occurred prior to the Issuer's registration of a class of equity securities under Section 12 of the Securities Exchange Act of 1934, as amended, in connection with the Issuer's initial public offering, and is reported herein pursuant to Rule 16a-2(a).
- F2. The stock option will vest in 12 substantially equal monthly installments starting on January 23, 2026.
- F3. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F4. The RSUs will vest in full on the earlier of the Issuer's 2027 Annual Meeting or May 14, 2027.
Key Figures
RSU grant size: 9,259 units
Option grant size: 43,164 options
Option exercise price: $5.91 per share
+5 more
8 metrics
RSU grant size
9,259 units
Restricted Stock Units representing Class A Common Stock
Option grant size
43,164 options
Stock options on Class A Common Stock
Option exercise price
$5.91 per share
Conversion or exercise price for stock options
RSU vesting date
Earlier of 2027 Annual Meeting or May 14, 2027
RSUs vest in full on the earlier of these dates
Option vesting schedule start
January 23, 2026
Vests in 12 substantially equal monthly installments from this date
Option expiration date
January 25, 2036
Stock options scheduled expiration
RSUs held after transaction
9,259 units
Total RSUs following the grant
Options held after transaction
43,164 options
Total options following the grant
Key Terms
Restricted Stock Units, Stock Option, Rule 16a-2(a), initial public offering, +2 more
6 terms
Restricted Stock Units financial
"security_title: Restricted Stock Units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Stock Option financial
"security_title: Stock Option"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
Rule 16a-2(a) regulatory
"reported herein pursuant to Rule 16a-2(a)"
initial public offering financial
"in connection with the Issuer's initial public offering"
An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.
Section 12 of the Securities Exchange Act of 1934 regulatory
"registration of a class of equity securities under Section 12 of the Securities Exchange Act of 1934"
Class A Common Stock financial
"underlying_security_title: Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did FRVO director Anne M. Cleary report?
Anne M. Cleary reported receiving equity awards, not open-market trades. She was granted 9,259 restricted stock units and stock options on 43,164 shares of Fervo Energy Co Class A Common Stock as compensation, all recorded as direct beneficial ownership.
How many FRVO restricted stock units were granted to Anne M. Cleary?
She received 9,259 restricted stock units. Each RSU represents a contingent right to receive one share of Fervo Energy Co Class A Common Stock, subject to vesting conditions tied to the company’s 2027 annual meeting or May 14, 2027, whichever occurs first.
What are the key terms of Anne M. Cleary’s FRVO stock option grant?
She was granted options on 43,164 shares at a $5.91 exercise price. These options vest in 12 substantially equal monthly installments starting January 23, 2026 and are scheduled to expire on January 25, 2036, assuming standard continued-service conditions.
When do Anne M. Cleary’s FRVO RSUs vest?
The RSUs vest in full by 2027, subject to service. They are scheduled to vest on the earlier of Fervo Energy Co’s 2027 annual meeting or May 14, 2027, after which each vested RSU converts into one share of Class A Common Stock.
Are Anne M. Cleary’s FRVO transactions open-market buys or sells?
No, both transactions are classified as compensation grants. The Form 4 uses transaction code A, described as a grant or award acquisition, and the data show no open-market purchases or sales of Fervo Energy Co stock in these entries.
How many FRVO derivative awards does Anne M. Cleary hold after these grants?
Following these awards, she holds 9,259 RSUs and 43,164 options. These positions reflect direct beneficial ownership of compensation-related derivative securities tied to Fervo Energy Co Class A Common Stock, with vesting and expiration terms defined in the filing and footnotes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
