Gustavo Torres Jr reports an option exercise at Fervo Energy
By AlphaYouPublished Form 4
Torres Gustavo Jr.
Reporting filer
Gustavo Torres Jr reports an option exercise, not an open-market purchase or sale, in Fervo Energy Co. Form 4 filed Oct 28, 2026 lists 2 entries.
- Disclosed
- Oct 28, 2026
Reported details
2 entries| Security | Owner | Date | Code | Action | Quantity | Price | Following holdings | Reporting delay | Filed terms and references |
|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Torres Gustavo Jr. | 2026-10-26 | M | Exercise or conversion | 15000 | 1.37 | 155,764 | 2 days | Filed terms
|
| Stock Option (derivative) | Torres Gustavo Jr. | 2026-10-26 | M | Exercise or conversion | 15000 | 0 | 154,297 | 2 days | Filed terms
|
Class A Common Stock
- Owner
- Torres Gustavo Jr.
- Date
- 2026-10-26
- Code
- M
- Action
- Exercise or conversion
- Quantity
- 15000
- Price
- 1.37
- Following holdings
- 155,764
- Reporting delay
- 2 days
- Filed terms and references
Filed terms
- security Title: Class A Common Stock
- transaction Date: 2026-10-26
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: M
- equity Swap Involved: 0
- transaction Timeliness:
- transaction Shares: 15000
- transaction Price Per Share: 1.37
- transaction Acquired Disposed Code: A
- shares Owned Following Transaction: 155764
- direct Or Indirect Ownership: D
Stock Option (derivative)
- Owner
- Torres Gustavo Jr.
- Date
- 2026-10-26
- Code
- M
- Action
- Exercise or conversion
- Quantity
- 15000
- Price
- 0
- Following holdings
- 154,297
- Reporting delay
- 2 days
- Filed terms and references
Filed terms
- security Title: Stock Option
- conversion Or Exercise Price: 1.37
- transaction Date: 2026-10-26
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: M
- equity Swap Involved: 0
- transaction Timeliness:
- transaction Shares: 15000
- transaction Price Per Share: 0
- transaction Acquired Disposed Code: D
- id: F1
- expiration Date: 2034-05-13
- underlying Security Title: Class A Common Stock
- underlying Security Shares: 15000
- shares Owned Following Transaction: 154297
- direct Or Indirect Ownership: D
Purchases, sales, grants and option exercises are different transactions. The reported code identifies the action; it does not establish a motive.
Filing context
- Quantities and prices are shown in the units filed. No trade value is inferred from their product.
- Torres Gustavo Jr.: Chief Legal Officer.
- F1: The option vested as to 25% of the underlying shares on May 1, 2025 and vests in 36 equal monthly installments thereafter.
Original sources
Prepared automatically from public filing data. Report a correction.