GRADL CHRISTIAN enters FERVO ENERGY CO with 20.14K shares plus derivative instruments

Holding both equity and derivatives at entry signals strong long-term conviction in the company.

Direct Derivatives

GRADL CHRISTIAN

Filed: 5/12/2026ACC: 0001628280-26-034290

InsiderGRADL CHRISTIANCIK 2128749

→

IssuerFERVO ENERGY COCIK 1853868

Officer· SVP, GeoBlock Factory

Since May 2026

20.14K

Baseline shares

100% direct

20.14K

Direct ownership

1 position

1.05M

Derivative underlying

8 instruments

Security positions

All direct

Non-Derivative Holdings1

Class A Common Stock

Direct

Shares owned20.14K

Total

20.14K direct20.14K

Security Title	Shares Owned	Ownership Type
Class A Common Stock	20.14K	Direct
Total	20.14K	20.14K direct

Derivative Holdings8

Stock Option

Direct

Underlying security

Class A Common Stock

Underlying shares

71.94K

Shares owned

N/A

Exercise price

0.24

Expiration

—

Exercise window

—

Stock Option

Direct

Underlying security

Class A Common Stock

Underlying shares

71.94K

Shares owned

N/A

Exercise price

5.91

Expiration

—

Exercise window

—

Stock Option

Direct

Underlying security

Class A Common Stock

Underlying shares

251.79K

Shares owned

N/A

Exercise price

1.36

Expiration

—

Exercise window

—

Stock Option

Direct

Underlying security

Class A Common Stock

Underlying shares

323.73K

Shares owned

N/A

Exercise price

1.31

Expiration

—

Exercise window

—

Stock Option

Direct

Underlying security

Class A Common Stock

Underlying shares

107.91K

Shares owned

N/A

Exercise price

2.95

Expiration

—

Exercise window

—

Stock Option

Direct

Underlying security

Class A Common Stock

Underlying shares

35.97K

Shares owned

N/A

Exercise price

0.40

Expiration

—

Exercise window

—

Stock Option

Direct

Underlying security

Class A Common Stock

Underlying shares

143.88K

Shares owned

N/A

Exercise price

0.24

Expiration

—

Exercise window

—

Stock Option

Direct

Underlying security

Class A Common Stock

Underlying shares

43.16K

Shares owned

N/A

Exercise price

0.47

Expiration

—

Exercise window

—

Total

Underlying

1.05M

Owned

0.00

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Stock Option Direct	Class A Common Stock	0.24	—	—	71.94K	N/A
Stock Option Direct	Class A Common Stock	5.91	—	—	71.94K	N/A
Stock Option Direct	Class A Common Stock	1.36	—	—	251.79K	N/A
Stock Option Direct	Class A Common Stock	1.31	—	—	323.73K	N/A
Stock Option Direct	Class A Common Stock	2.95	—	—	107.91K	N/A
Stock Option Direct	Class A Common Stock	0.40	—	—	35.97K	N/A
Stock Option Direct	Class A Common Stock	0.24	—	—	143.88K	N/A
Stock Option Direct	Class A Common Stock	0.47	—	—	43.16K	N/A
Total					1.05M	0.00