Fermi director granted 175,094 RSUs

Robbin-Coker Cordel reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Robbin-Coker Cordel reported acquisition or exercise transactions in this Form 4 filing.

Fermi Inc. director Cordel Robbin-Coker received an equity grant of 175,094 restricted stock units, representing shares of common stock, at no purchase price. These RSUs were granted under Fermi’s 2025 Long-Term Incentive Plan as part of his compensation.

The award vests in three tranches, all subject to his continued service with the company. Vesting is scheduled for 69,638 RSUs on September 30, 2026, 35,818 RSUs on May 29, 2027, and 69,638 RSUs on September 30, 2027. Following this grant, his reported direct holdings from this award total 175,094 units.

Insider Trade Summary

Grant/Award: 175,094 shares

Grant/Award 1 txn

Insider Robbin-Coker Cordel

Role Director

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

Holdings After Transaction: Common Stock — 175,094 shares (Direct)

Footnotes (1)

1. F1. Represents an award of restricted stock units ("RSUs") of the Issuer granted to Mr. Robbin-Coker 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. Robbin-Coker's continued service relationship with the Issuer through such date.

Key Figures

RSU grant size: 175,094 units Grant price: $0.00 per unit First vesting tranche: 69,638 units +3 more

6 metrics

RSU grant size 175,094 units Restricted stock units granted to Cordel Robbin-Coker

Grant price $0.00 per unit Stated price per share for RSU award

First vesting tranche 69,638 units Scheduled to vest on September 30, 2026

Second vesting tranche 35,818 units Scheduled to vest on May 29, 2027

Third vesting tranche 69,638 units Scheduled to vest on September 30, 2027

Shares after transaction 175,094 units Total direct holdings from this award following the grant

Key Terms

restricted stock units, RSUs, 2025 Long-Term Incentive Plan, transaction code A

4 terms

restricted stock units financial

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

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. Robbin-Coker under the Issuer's 2025 Long-Term Incentive Plan"

transaction code A financial

"transaction_code": "A","transaction_code_description": "Grant, award, or other acquisition""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Fermi Inc. (FRMI) disclose in this Form 4 filing?

Fermi Inc. reported a grant of 175,094 restricted stock units to director Cordel Robbin-Coker. The RSUs were awarded under the 2025 Long-Term Incentive Plan and will vest over multiple future dates, contingent on his continued service with the company.

How many Fermi (FRMI) shares did Cordel Robbin-Coker acquire in this grant?

Cordel Robbin-Coker was granted 175,094 restricted stock units tied to Fermi common stock. The grant is structured as equity compensation and carries a stated price per unit of $0.00, meaning he did not pay cash to receive the award.

What is the vesting schedule for Cordel Robbin-Coker’s FRMI RSU award?

The RSU award vests in three installments: 69,638 units on September 30, 2026, 35,818 units on May 29, 2027, and 69,638 units on September 30, 2027. Each tranche requires Mr. Robbin-Coker to maintain a service relationship through the applicable vesting date.

Under which plan were the Fermi (FRMI) RSUs granted to Cordel Robbin-Coker?

The restricted stock units were granted under Fermi’s 2025 Long-Term Incentive Plan. This plan is designed to deliver equity-based compensation, aligning directors’ and executives’ interests with shareholders through time-vested stock-based awards such as RSUs.

Does this Fermi (FRMI) Form 4 show any stock sales by Cordel Robbin-Coker?

The Form 4 shows only an acquisition of 175,094 restricted stock units and no stock sales. The transaction code is “A,” indicating a grant or award, and the transaction summary records one acquisition event with zero shares sold or disposed of.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/03/2026 - 08:40 PM EDT Learn about SEC filing dates

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^*

Robbin-Coker Cordel

(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	175,094	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. Robbin-Coker 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. Robbin-Coker's continued service relationship with the Issuer through such date.

	/s/ Cordel Robbin-Coker	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)