SEC FORM 4

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

TIF Partners, LLC

(Last)

(First)

(Middle)

C/O CAPRICORN INVESTMENT GROUP, LLC

512 WEST 22ND STREET, 6TH FLOOR

(Street)

NEW YORK

10011

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Fervo Energy Co [ FRVO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	05/14/2026		C		12,055,467	A	⁽¹⁾	12,055,467	I	By Technology Impact Fund, LP⁽²⁾
Class A Common Stock	05/14/2026		C		14,962,430	A	⁽¹⁾	14,962,430	I	By Technology Impact Growth Fund II, LP⁽³⁾
Class A Common Stock	05/14/2026		C		5,448,761	A	⁽¹⁾	5,448,761	I	By TIGF II Direct Strategies LLC - Series 5⁽⁴⁾
Class A Common Stock	05/14/2026		C		1,760,732	A	⁽¹⁾	1,760,732	I	By TIGF II Direct Strategies LLC - Series 7⁽⁵⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Series B Preferred Stock	⁽¹⁾	05/14/2026		C			6,368,028	⁽¹⁾	⁽¹⁾	Class A Common Stock	6,368,028	⁽¹⁾	0	I	By Technology Impact Fund, LP⁽²⁾
Series C-1 Preferred Stock	⁽¹⁾	05/14/2026		C			8,523,393	⁽¹⁾	⁽¹⁾	Class A Common Stock	8,523,393	⁽¹⁾	0	I	By Technology Impact Growth Fund II, LP⁽³⁾
Series C-3 Preferred Stock	⁽¹⁾	05/14/2026		C			4,266,992	⁽¹⁾	⁽¹⁾	Class A Common Stock	4,266,992	⁽¹⁾	0	I	By Technology Impact Fund, LP⁽²⁾
Series D-1 Preferred Stock	⁽¹⁾	05/14/2026		C			1,420,447	⁽¹⁾	⁽¹⁾	Class A Common Stock	1,420,447	⁽¹⁾	0	I	By Technology Impact Fund, LP⁽²⁾
Series D-1 Preferred Stock	⁽¹⁾	05/14/2026		C			2,840,894	⁽¹⁾	⁽¹⁾	Class A Common Stock	2,840,894	⁽¹⁾	0	I	By Technology Impact Growth Fund II, LP⁽³⁾
Series D-3 Preferred Stock	⁽¹⁾	05/14/2026		C			2,724,380	⁽¹⁾	⁽¹⁾	Class A Common Stock	2,724,380	⁽¹⁾	0	I	By Technology Impact Growth Fund II, LP⁽³⁾
Series D-3 Preferred Stock	⁽¹⁾	05/14/2026		C			5,448,761	⁽¹⁾	⁽¹⁾	Class A Common Stock	5,448,761	⁽¹⁾	0	I	By TIGF II Direct Strategies LLC - Series 5⁽⁴⁾
Series E-1 Preferred Stock	⁽¹⁾	05/14/2026		C			873,763	⁽¹⁾	⁽¹⁾	Class A Common Stock	873,763	⁽¹⁾	0	I	By Technology Impact Growth Fund II, LP⁽³⁾
Series E-1 Preferred Stock	⁽¹⁾	05/14/2026		C			1,760,732	⁽¹⁾	⁽¹⁾	Class A Common Stock	1,760,732	⁽¹⁾	0	I	By TIGF II Direct Strategies LLC - Series 7⁽⁵⁾

1. Name and Address of Reporting Person^*

TIF Partners, LLC

(Last)

(First)

(Middle)

C/O CAPRICORN INVESTMENT GROUP, LLC

512 WEST 22ND STREET, 6TH FLOOR

(Street)

NEW YORK

10011

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Technology Impact Fund, LP

(Last)

(First)

(Middle)

C/O CAPRICORN INVESTMENT GROUP, LLC

512 WEST 22ND STREET, 6TH FLOOR

(Street)

NEW YORK

10011

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

TIGF II Direct Strategies LLC - Series 7

(Last)

(First)

(Middle)

C/O CAPRICORN INVESTMENT GROUP, LLC

512 WEST 22ND STREET, 6TH FLOOR

(Street)

NEW YORK

10011

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Saluja Dipender

(Last)

(First)

(Middle)

C/O CAPRICORN INVESTMENT GROUP, LLC

512 WEST 22ND STREET, 6TH FLOOR

(Street)

NEW YORK

10011

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

Explanation of Responses:

1. Each share of the Series B, Series C-1, Series C-3, Series D-1, Series D-3 and Series E-1 Preferred Stock converted into Class A Common Stock immediately prior to the completion of the Issuer's initial public offering pursuant to its terms and had no expiration date.

2. Securities are held directly by Technology Impact Fund, LP ("TIF I"). TIF Partners, LLC ("TIF Partners I") is the general partner of TIF I and Ion Yadigaroglu and Dipender Saluja are the managers of TIF Partners I. Each of TIF Partners I and Messrs. Yadigaroglu and Saluja may be deemed to to beneficially own the securities held by TIF I. Each of TIF Partners I and Mr. Saluja disclaims beneficial ownership of such securities except to the extent of its or his respective pecuniary interest therein. Mr. Yadigaroglu is a director of the Issuer and files separate Section 16 reports.

3. Securities are held directly by Technology Impact Growth Fund II, LP ("TIGF II"). TIGF Partners II, LLC ("TIGF Partners II") is the general partner of TIGF II and Ion Yadigaroglu and Dipender Saluja are the managers of TIGF Partners II. Each of TIGF Partners II and Messrs. Yadigaroglu and Saluja may be deemed to to beneficially own the securities held by TIGF II. Each of TIGF Partners II and Mr. Saluja disclaims beneficial ownership of such securities except to the extent of its or his respective pecuniary interest therein. Mr. Yadigaroglu is a director of the Issuer and files separate Section 16 reports.

4. Securities are held directly by TIGF II Direct Strategies LLC - Series 5 ("TIGF II DS 5"). TIGF Partners II is the manager of TIGF II DS 5 and Ion Yadigaroglu and Dipender Saluja are the managers of TIGF Partners II. Each of TIGF Partners II and Messrs. Yadigaroglu and Saluja may be deemed to to beneficially own the securities held by TIGF II DS 5. Each of TIGF Partners II and Mr. Saluja disclaims beneficial ownership of such securities except to the extent of its or his respective pecuniary interest therein. Mr. Yadigaroglu is a director of the Issuer and files separate Section 16 reports.

5. Securities are held directly by TIGF II Direct Strategies LLC - Series 7 ("TIGF II DS 7"). TIGF Partners II is the manager of TIGF II DS 7 and Ion Yadigaroglu and Dipender Saluja are the managers of TIGF Partners II. Each of TIGF Partners II and Messrs. Yadigaroglu and Saluja may be deemed to to beneficially own the securities held by TIGF II DS 7. Each of TIGF Partners II and Mr. Saluja disclaims beneficial ownership of such securities except to the extent of its or his respective pecuniary interest therein. Mr. Yadigaroglu is a director of the Issuer and files separate Section 16 reports.

	TIF Partners, LLC, By /s/ Dipender Saluja, Manager	05/18/2026
	Technology Impact Fund, LP, By TIF Partners, LLC, its General Partner, By /s/ Dipender Saluja, Manager	05/18/2026
	TIGF II Direct Strategies LLC - Series 7, By TIGF Partners II, LLC, its Manager, By /s/ Dipender Saluja, Manager	05/18/2026
	/s/ Dipender Saluja	05/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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