0001628280-26-034286.txt : 20260512 0001628280-26-034286.hdr.sgml : 20260512 20260512192453 ACCESSION NUMBER: 0001628280-26-034286 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20260512 FILED AS OF DATE: 20260512 DATE AS OF CHANGE: 20260512 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Latimer Timothy Michael CENTRAL INDEX KEY: 0002128758 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-43285 FILM NUMBER: 26970371 MAIL ADDRESS: STREET 1: 4620 MCKINNEY STREET CITY: HOUSTON STATE: TX ZIP: 77023 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Fervo Energy Co CENTRAL INDEX KEY: 0001853868 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] ORGANIZATION NAME: 01 Energy & Transportation EIN: 823168838 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 910 LOUISIANA STREET STREET 2: SUITE 4440 CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 713-965-4291 MAIL ADDRESS: STREET 1: 910 LOUISIANA STREET STREET 2: SUITE 4440 CITY: HOUSTON STATE: TX ZIP: 77002 3 1 wk-form3_1778628290.xml FORM 3 X0607 3 2026-05-12 0 0001853868 Fervo Energy Co FRVO 0002128758 Latimer Timothy Michael false C/O FERVO ENERGY COMPANY 811 MAIN STREET, SUITE 1700 HOUSTON TX 77002 1 1 1 0 Chief Executive Officer Class B Common Stock Class A Common Stock 6297924 D Stock Option 1.31 2033-07-13 Class B Common Stock 1402830 D Stock Option 5.91 2035-12-28 Class B Common Stock 2391947 D Stock Option 11.80 2036-03-05 Class B Common Stock 2431497 D Stock Option 11.80 2036-03-05 Class B Common Stock 7294493 D The Class B Common Stock is convertible at any time, subject to the satisfaction of certain conditions, into one share of Class A Common Stock. The Class B Common Stock will automatically convert upon certain transfers and other conditions, as set forth in the Issuer's Amended Charter. The stock option is fully vested and exercisable. The stock option will vest as to 25% of the underlying shares on December 29, 2026, and will vest thereafter in 36 substantially equal monthly installments. The stock option vests upon satisfaction of both a milestone-based condition and a service-based condition. The milestone-based condition is achievement of a commercial operation date of Cape Phase 1 no later than January 1, 2027, as set forth in the grant agreement (the "Operational Milestone Date"). The service-based condition is satisfied as to 25% of the underlying shares on the Operational Milestone Date and as to the remaining shares in 36 substantially equal successive monthly installments over the three-year period thereafter The stock option vests and becomes exercisable upon satisfaction of both a milestone-based condition and a service-based condition. The milestone-based condition is achievement of the Market Capitalization Milestone Condition (as set forth in the grant agreement). The service-based condition is satisfied as to 25% of the underlying shares on the Market Capitalization Milestone Date and as to the remaining shares in 36 substantially equal successive monthly installments over the three-year period thereafter. Exhibit 24 - Power of Attorney. /s/ Gustavo Torres, Attorney-in-Fact 2026-05-12 EX-24 2 fvro-latimerxpoa.htm EX-24 Document
Exhibit 24
SECTION 16 POWER OF ATTORNEY
With respect to holdings of and transactions in securities issued by Fervo (the “Company”), the undersigned hereby constitutes and appoints the individuals named on Schedule A attached hereto and as may be amended from time to time, or any of them signing singly, with full power of substitution and resubstitution, to act as the undersigned’s true and lawful attorney-in-fact to:
1. prepare, execute in the undersigned’s name and on the undersigned’s behalf, and submit to the United States Securities and Exchange Commission (the “SEC”) a Form ID, including amendments thereto, and any other documents necessary or appropriate to obtain and/or regenerate codes and passwords enabling the undersigned to make electronic filings with the SEC of reports required by Section 16(a) of the Securities Exchange Act of 1934, as amended, or any rule or regulation of the SEC;
2. execute for and on behalf of the undersigned, Forms 3, 4, and 5 in accordance with Section 16 of the Securities Exchange Act of 1934, as amended, and the rules thereunder;
3. do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 3, 4, or 5, complete and execute any amendment or amendments thereto, and timely file such form with the SEC and any stock exchange or similar authority; and
4. take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact’s discretion.
The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution and resubstitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorneys-in-fact substitute or substitutes, shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers herein granted.
The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Company assuming, any of the undersigned’s responsibilities to comply with Section 16 of the Securities Exchange Act of 1934, as amended.
This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4, and 5 with respect to the undersigned’s holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact.
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of April 2, 2026.
Signature:
/s/ Tim Latimer
Name: Tim Latimer


Exhibit 24
Schedule A

Individuals Appointed as Attorney-in-Fact with Full Power of Substitution and Resubstitution

1Tim Latimer, CEO
2David Ulrey, CFO
3Gustavo Torres, VP General Counsel