Fermi Inc. Officer Sells 774,090 Shares Over Two Days

Charles Lynn Hamilton, Chief Site Development Officer of Fermi Inc. (FRMI), filed a Form 4 disclosing significant sales of company stock. On April 8, 2026, Hamilton sold 375,950 shares at a weighted average price of $4.91 per share. The following day, April 9, 2026, he sold an additional 398,140 shares at a weighted average price of $4.58 per share. These transactions were executed as automatic "sell-to-cover" transactions to cover withholding taxes upon award vesting and share delivery. Following these sales, Hamilton directly holds 5,525,910 shares, including 4,200,000 restricted shares subject to time-based vesting conditions. Additionally, Hamilton indirectly holds 7,650,000 shares through two trusts (Gracious Endurance Trust and Steadfast Endurance Trust), where he serves as trustee but disclaims beneficial ownership except to the extent of his pecuniary interest. The total combined direct and indirect holdings after the transactions amount to 13,175,910 shares.