Fervo Energy (FRVO) director granted 9,259 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lowe Robert Ferrall III
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)
- 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.
Key Figures
RSUs granted: 9,259 units
Underlying shares: 9,259 shares
Vesting date: Earlier of 2027 annual meeting or May 14, 2027
3 metrics
RSUs granted
9,259 units
Award of restricted stock units to director
Underlying shares
9,259 shares
Each RSU equals one Class A common share
Vesting date
Earlier of 2027 annual meeting or May 14, 2027
Full vesting trigger for RSU award
Key Terms
Restricted Stock Units, Class A Common Stock, vest in full, contingent right
4 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.
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.
vest in full financial
"The RSUs will vest in full on the earlier of the Issuer's 2027 Annual Meeting or May 14, 2027."
contingent right financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
FAQ
What did Fervo Energy Co (FRVO) disclose in this Form 4 filing?
Fervo Energy Co reported that director Lowe Robert Ferrall III received 9,259 restricted stock units. These RSUs are a form of equity compensation and each unit can convert into one share of Class A common stock if the vesting conditions are satisfied.
When do the granted RSUs for Fervo Energy (FRVO) vest?
The RSUs will vest in full on the earlier of Fervo Energy’s 2027 annual meeting or May 14, 2027. This single vesting date structure means the director’s entire 9,259-unit award becomes eligible to settle into shares at that specified future time.
What does each restricted stock unit represent for Fervo Energy (FRVO)?
Each restricted stock unit represents a contingent right to receive one share of Fervo Energy’s Class A common stock. The units themselves are not shares until they vest and settle, aligning the director’s potential ownership directly with the company’s common equity.
Is the RSU transaction for Fervo Energy (FRVO) a market purchase or sale?
The transaction is a grant or award acquisition of 9,259 RSUs, not a market purchase or sale. It reflects equity compensation for the director, awarded at no cash cost per unit, rather than an open-market trade of existing Fervo Energy common shares.