Fervo Energy CEO exchanges 10,000 shares for Class B

Each Class B share is convertible at any time into one Class A share for no additional consideration, subject to satisfaction of certain conditions.

Available on EDGAR 11/04/2026 - 06:07 PM EST Accepted by SEC EDGAR 11/04/2026 - 06:06 PM EST

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Form Type

Rhea-AI Filing Summary

Fervo Energy Co (FRVO) Chief Executive Officer and director Timothy Michael Latimer exchanged 10,000 shares of Class A Common Stock, acquired upon a stock-option exercise on October 23, 2026, for an equal number of Class B Common Stock shares on November 2, 2026, under the Equity Award Exchange Right Agreement. No cash was paid. His reported direct holdings after the exchange were 6,307,923 Class B shares and zero Class A shares.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Latimer Timothy Michael

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Grant/Award	Class B Common Stock ^{F2, F1}	10,000	$0.00	$0.00
Disposition	Class A Common Stock ^F1	10,000	$0.00	$0.00

Holdings After Transaction: Class B Common Stock — 6,307,923 contracts (Direct); Class A Common Stock — 0 shares (Direct)

Footnotes (2)

F1. On November 2, 2026, the Reporting Person exchanged 10,000 shares of Class A Common Stock, which were acquired upon the exercise of a stock option on October 23, 2026, for an equal number of shares of Class B Common Stock pursuant to the Equity Award Exchange Right Agreement between the Reporting Person and the Issuer. No cash was paid in the exchange.
F2. Class B Common Stock is convertible at any time, for no additional consideration and subject to the satisfaction of certain conditions, into one share of Class A Common Stock. The Class B Common Stock does not expire and will automatically convert upon certain transfers and other conditions, as set forth in the Issuer's Amended Charter.

Key Figures

Class A shares exchanged: 10,000 shares Class B shares received: 10,000 shares Class B shares after exchange: 6,307,923 shares +1 more

4 metrics

Class A shares exchanged 10,000 shares Exchanged on November 2, 2026

Class B shares received 10,000 shares Received in exchange on November 2, 2026

Class B shares after exchange 6,307,923 shares Reported direct holdings following the transaction

Class A shares after exchange 0 shares Reported direct holdings following the transaction

Key Terms

Equity Award Exchange Right Agreement, convertible at any time, Amended Charter

3 terms

Equity Award Exchange Right Agreement technical

"pursuant to the Equity Award Exchange Right Agreement"

convertible at any time technical

"Class B Common Stock is convertible at any time"

Amended Charter technical

"as set forth in the Issuer's Amended Charter"

FAQ

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How many FRVO shares did Timothy Michael Latimer exchange?

On November 2, 2026, Chief Executive Officer and director Timothy Michael Latimer exchanged 10,000 Class A Common Stock shares for an equal number of Class B Common Stock shares under the Equity Award Exchange Right Agreement. No cash was paid; his reported direct holdings afterward were 6,307,923 Class B shares and zero Class A shares.

What are the conversion terms for FRVO Class B shares?

Fervo Energy Co's Class B Common Stock is convertible at any time, for no additional consideration and subject to satisfaction of certain conditions, into one share of Class A Common Stock. The Class B shares do not expire and automatically convert upon certain transfers and other conditions, as set forth in the company's Amended Charter.

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Form 4 Insider Transactions: What Each Field Means →

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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 for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Latimer Timothy Michael

(Last)

(First)

(Middle)

C/O FERVO ENERGY CO.

811 MAIN ST. , SUITE 1700

(Street)

HOUSTON

TEXAS

77002

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Fervo Energy Co [ FRVO ]

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

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/02/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	11/02/2026		D⁽¹⁾		10,000	D	$0	0	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B Common Stock	⁽²⁾	11/02/2026		A⁽¹⁾		10,000		⁽²⁾	⁽²⁾	Class A Common Stock	10,000	$0	6,307,923	D

Explanation of Responses:

1. On November 2, 2026, the Reporting Person exchanged 10,000 shares of Class A Common Stock, which were acquired upon the exercise of a stock option on October 23, 2026, for an equal number of shares of Class B Common Stock pursuant to the Equity Award Exchange Right Agreement between the Reporting Person and the Issuer. No cash was paid in the exchange.

2. Class B Common Stock is convertible at any time, for no additional consideration and subject to the satisfaction of certain conditions, into one share of Class A Common Stock. The Class B Common Stock does not expire and will automatically convert upon certain transfers and other conditions, as set forth in the Issuer's Amended Charter.

	/s/ Gustavo Torres, Attorney-in-Fact	11/04/2026
	** Signature of Reporting Person	Date
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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR