STOCK TITAN

Fervo Energy (FRVO) director awarded 9,259 RSUs vesting by 2027

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Fervo Energy Co director Robert Richard Keehan II received a grant of 9,259 restricted stock units (RSUs). The award was made on May 14, 2026 and is recorded as a compensation-related acquisition, not an open-market purchase or sale.

Each RSU represents a contingent right to receive one share of Fervo’s Class A Common Stock. The RSUs will vest in full on the earlier of the company’s 2027 annual meeting or May 14, 2027. After this grant, Keehan directly holds 9,259 RSUs tied to Class A Common Stock.

Positive

  • None.

Negative

  • None.
Insider Keehan II Robert Richard
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Units 9,259 $0.00 --
Holdings After Transaction: Restricted Stock Units — 9,259 shares (Direct, null)
Footnotes (1)
  1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock. The RSUs will vest in full on the earlier of the Issuer's 2027 Annual Meeting or May 14, 2027.
RSUs granted 9,259 units Restricted Stock Units granted on May 14, 2026
Grant price per RSU $0.0000 Equity compensation grant, not open-market purchase
Underlying shares 9,259 shares Class A Common Stock underlying the RSUs
Post-grant RSU holdings 9,259 units Total RSUs held directly after the transaction
Vesting date 2027 annual meeting or May 14, 2027 Full vesting trigger for the RSUs
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.
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.
RSU financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
vest financial
"The RSUs will vest in full on the earlier of the Issuer's 2027 Annual Meeting or May 14, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
SEC Form 4
FORM 4UNITED 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*
Keehan II Robert Richard

(Last)(First)(Middle)
C/O FERVO ENERGY COMPANY
811 MAIN STREET, 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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)05/14/2026A9,259 (2) (2)Class A Common Stock9,259$09,259D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
2. The RSUs will vest in full on the earlier of the Issuer's 2027 Annual Meeting or May 14, 2027.
Remarks:
/s/ Gustavo Torres, Attorney-in-Fact05/18/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did Fervo Energy (FRVO) report for Robert Richard Keehan II?

Fervo Energy reported a grant of 9,259 restricted stock units to director Robert Richard Keehan II. The RSUs were awarded on May 14, 2026 as equity compensation, not as an open-market stock purchase or sale.

How many Fervo Energy (FRVO) RSUs were granted in this Form 4 filing?

The filing shows a grant of 9,259 restricted stock units. These RSUs give a contingent right to receive an equal number of Fervo Energy Class A Common Stock shares, subject to vesting conditions described in the footnotes.

When do the reported Fervo Energy (FRVO) RSUs vest for Robert Richard Keehan II?

The RSUs vest in full on the earlier of Fervo’s 2027 annual meeting or May 14, 2027. Vesting must occur before the RSUs convert into Class A Common Stock shares for the reporting person.

Is the Fervo Energy (FRVO) Form 4 transaction a stock purchase or sale?

No, the Form 4 reports a compensation-related RSU grant, not a market trade. The transaction uses code “A” for grant or award, with zero price per unit, indicating an equity compensation award rather than a buy or sell order.

What does each Fervo Energy (FRVO) RSU represent in this filing?

Each RSU represents a contingent right to receive one share of Class A Common Stock. The shares are only delivered if vesting conditions are met, linking director compensation to Fervo Energy’s equity over time.

What is Robert Richard Keehan II’s RSU position after this Fervo Energy (FRVO) transaction?

After the reported grant, Keehan holds 9,259 restricted stock units directly. All of these RSUs relate to Fervo Energy’s Class A Common Stock and remain subject to the vesting schedule detailed in the filing footnotes.