Every Form 4 that Fervo Energy Company (FRVO) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow FRVO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FRVO filings page.
Fervo Energy Co insiders reported a series of conversions of preferred stock into Class A Common Stock on May 14, 2026. Investment entities affiliated with Technology Impact Fund and Technology Impact Growth Fund II converted multiple series of preferred stock, receiving Class A shares at a stated price of $0.00 per share.
These conversions included 14,962,430 Class A shares held by Technology Impact Growth Fund II, LP, 12,055,467 Class A shares held by Technology Impact Fund, LP, 5,448,761 Class A shares held by TIGF II Direct Strategies LLC - Series 5, and 1,760,732 Class A shares held by TIGF II Direct Strategies LLC - Series 7. Footnotes state that these preferred shares converted into Class A Common Stock immediately prior to completion of the issuer’s initial public offering pursuant to their terms, and that certain managers may be deemed to beneficially own these securities but disclaim beneficial ownership beyond their pecuniary interest.
Fervo Energy Co director and 10% owner Ion Yadigaroglu reported a large conversion of preferred stock into Class A common shares linked to the company’s initial public offering. Investment entities associated with him converted Series B, C-1, C-3, D-1, D-3 and E-1 Preferred Stock into a total of 34,227,390 shares of Class A Common Stock immediately before the IPO, leaving no remaining holdings in those preferred series.
After these transactions, the Class A position held by these entities consists of 12,055,467 shares for Technology Impact Fund, LP, 14,962,430 shares for Technology Impact Growth Fund, II, L.P., 5,448,761 shares for TIGF II Direct Strategies LLC - Series 5 and 1,760,732 shares for TIGF II Direct Strategies LLC - Series 7. Yadigaroglu, as a manager of the related general partner and management entities, shares voting and disposition power over these holdings but disclaims beneficial ownership except for his pecuniary interest.
Separately, he received a direct grant of 9,259 restricted stock units, each representing one Class A share, which will vest in full on the earlier of Fervo’s 2027 annual meeting or May 14, 2027. These transactions are non-cash conversions and awards rather than open-market trades.
Lowe Robert Ferrall III reported acquisition or exercise transactions in this Form 4 filing.
Fervo Energy Co director Lowe Robert Ferrall III received a grant of 9,259 restricted stock units. Each RSU represents a 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.
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.
Jessica Rodgers Uhl reported acquisition or exercise transactions in this Form 4 filing.
Fervo Energy Co director Jessica Rodgers Uhl received a grant of 9,259 Restricted Stock Units. Each RSU represents a right to receive one share of Class A Common Stock. Following the grant, she holds 9,259 RSUs directly.
The RSUs will vest in full on the earlier of the company’s 2027 Annual Meeting or May 14, 2027, aligning the director’s compensation with future company performance and board service over this period.
WHITMAN MARGARET C reported acquisition or exercise transactions in this Form 4 filing.
Fervo Energy Co director Margaret C. Whitman received a grant of 9,259 restricted stock units. Each RSU represents a contingent right to receive one share of Fervo’s Class A Common Stock. The RSUs vest in full on the earlier of the company’s 2027 annual meeting or May 14, 2027. Following this award, Whitman holds 9,259 RSUs directly, reflecting a compensation-related equity grant rather than an open-market trade.
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.