Fermi (FRMI) director Haas Marius receives 175,094 RSUs under 2025 incentive plan

Rhea-AI Filing Summary

Haas Marius reported acquisition or exercise transactions in this Form 4 filing.

Fermi Inc. director Haas Marius received an equity award of 175,094 common-share RSUs at no cost. The grant was made under Fermi’s 2025 Long-Term Incentive Plan and increases his direct holdings to 1,075,094 shares/units after the award.

The RSUs generally vest in three tranches, subject to his continued service: 69,638 on September 30, 2026, 35,818 on May 29, 2027, and 69,638 on September 30, 2027. This is a compensation-related grant rather than an open-market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Haas Marius

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	175,094	$0.00	--

Holdings After Transaction: Common Stock — 1,075,094 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSU grant size: 175,094 RSUs Holdings after grant: 1,075,094 shares First vesting tranche: 69,638 RSUs +3 more

6 metrics

RSU grant size 175,094 RSUs Equity award on June 1, 2026

Holdings after grant 1,075,094 shares Total direct holdings following transaction

First vesting tranche 69,638 RSUs Vests on September 30, 2026

Second vesting tranche 35,818 RSUs Vests on May 29, 2027

Third vesting tranche 69,638 RSUs Vests on September 30, 2027

Grant price $0.00 per share RSUs granted at no cash cost to insider

Key Terms

restricted stock units, RSUs, 2025 Long-Term Incentive Plan, vest

4 terms

restricted stock units financial

"Represents an award of restricted stock units ("RSUs") of the Issuer granted to Mr. Haas"

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.

RSUs financial

"Represents an award of restricted stock units ("RSUs") of the Issuer"

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

2025 Long-Term Incentive Plan financial

"granted to Mr. Haas under the Issuer's 2025 Long-Term Incentive Plan"

vest financial

"that will generally vest as follows: (i) 69,638 RSUs on September 30, 2026"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

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Form 4 Insider Transactions: What Each Field Means →

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Haas Marius

(Last) (First) (Middle)

620 S. TAYLOR ST., SUITE 301

(Street)

AMARILLO TEXAS 79101

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Fermi Inc. [ FRMI ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/01/2026		A		175,094(1)	A	$0	1,075,094	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents an award of restricted stock units ("RSUs") of the Issuer granted to Mr. Haas under the Issuer's 2025 Long-Term Incentive Plan that will generally vest as follows: (i) 69,638 RSUs on September 30, 2026, (ii) 35,818 RSUs on May 29, 2027, and (iii) 69,638 RSUs on September 30, 2027, in each case subject to Mr. Haas's continued service relationship with the Issuer through such date.

	/s/ Marius Haas	06/03/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Fermi Inc. (FRMI) report for Haas Marius?

Fermi Inc. reported that director Haas Marius received an equity award of 175,094 restricted stock units. These RSUs were granted at no cost as part of his compensation under the company’s 2025 Long-Term Incentive Plan.

How many Fermi (FRMI) shares does Haas Marius hold after this Form 4 grant?

After the reported grant, Haas Marius holds 1,075,094 Fermi common shares or share equivalents directly. This total includes the newly awarded 175,094 restricted stock units from the 2025 Long-Term Incentive Plan.

How do the new Fermi (FRMI) RSUs granted to Haas Marius vest?

The 175,094 Fermi RSUs generally vest in three installments: 69,638 on September 30, 2026, 35,818 on May 29, 2027, and 69,638 on September 30, 2027, conditioned on Haas Marius maintaining his service relationship with the company.

Was the Fermi (FRMI) equity grant to Haas Marius an open-market purchase?

No. The award to Haas Marius is classified as a grant or award acquisition, not an open-market purchase. It reflects compensation in the form of restricted stock units granted at no cost, subject to future vesting conditions.

What plan governs the new RSU grant to Fermi (FRMI) director Haas Marius?

The RSU grant to Haas Marius was made under Fermi’s 2025 Long-Term Incentive Plan. This plan provides equity-based compensation, such as restricted stock units, that typically vests over time based on continued service with the company.