Keehan II Robert Richard 4

What Happened
Robert Keehan II, a director of Fervo Energy Co (FRVO), received an award of 9,259 restricted stock units (RSUs) on May 14, 2026. The RSUs were granted at a reported price of $0.00 (total reported value $0) and are a derivative award representing the right to receive one share of Class A common stock per RSU upon vesting. This is an award/grant (transaction code A), not an open‑market purchase or sale.

Key Details

• Transaction date: May 14, 2026; Form 4 filed May 18, 2026 (filed within the normal 2-business‑day window).
• Security and amount: 9,259 RSUs (derivative instrument); reported acquisition price $0.00 (reported value $0).
• Vesting: RSUs vest in full on the earlier of the issuer's 2027 Annual Meeting or May 14, 2027 (see footnotes).
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• Notes: Footnote F1 confirms each RSU converts to one share of Class A common stock upon settlement; F2 states the vesting schedule above. Transaction reported as an award/grant (A).

Context
RSUs are compensated equity awards that convert into shares (or cash equivalent) when they vest; they do not require an immediate cash outlay by the recipient. Grants like this are common for directors and executives as part of compensation and do not by themselves indicate a buy or sell signal.