MCINTIRE LEE A 4

4 · Fermi Inc. · Filed Jun 3, 2026

AI-generated summary of this filing

Updated Jun 4, 2026

Fermi (FRMI) Director Lee McIntire Receives RSU Award

What Happened

Lee A. McIntire, a director of Fermi Inc. (FRMI), was granted 175,094 restricted stock units (RSUs) on 2026-06-01. The grant was recorded at $0.00 per share (no cash paid at issuance). RSUs will convert to common shares only as they vest.

Key Details

Transaction date and price: 2026-06-01; Award (A) of 175,094 RSUs at $0.00.
Vesting schedule (per footnote): 69,638 RSUs vest on Sep 30, 2026; 35,818 RSUs vest on May 29, 2027; 69,638 RSUs vest on Sep 30, 2027; all subject to continued service.
Shares owned after transaction: The filing corrects a prior Form 3 (9/30/2025) to show direct beneficial ownership of 141,069 shares as of that date; the filing states no transactions occurred between that Form 3 date and this Form 4. The Form 4 does not report a separate post-grant aggregate that includes unvested RSUs.
Notable footnote: F2 corrects an administrative error on the prior Form 3 (previously reported 148,122 shares; corrected to 141,069).
Timeliness: Form 4 filed on 2026-06-03 for a 2026-06-01 transaction (filed timely based on filing date shown).

Context

RSU grants are a common form of executive/director compensation and are not an open-market purchase or sale; they only become shares if and when they vest. Awards at $0 are standard accounting of a grant rather than a cash transaction. This filing is informational about compensation and corrected prior ownership reporting; it does not by itself indicate insider buying or selling sentiment.

Form 4

Period: 2026-06-01

Director

Transactions

Footnotes (2)

[F1]Represents restricted stock units ("RSUs") of the Issuer granted to Mr. McIntire 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. McIntire's continued service relationship with the Issuer through such date.
[F2]This Form 4 reflects a correction to the number of shares of common stock reported as directly beneficially owned by the reporting person on the Form 3 filed on September 30, 2025. Due to an administrative error, the Form 3 reported direct beneficial ownership of 148,122 shares of common stock; the correct number of shares of common stock directly beneficially owned as of that date was 141,069. No transactions occurred between the Form 3 filing date and the date of this Form 4.

Signature

/s/ Lee A. McIntire|2026-06-03

1 file