Griffin Perry - 30 Mar 2026 Form 4 Insider Report for Fermi Inc. (FRMI)

Reporting relationship: 10%+ Owner
Issuer ticker: FRMI
Reported as of: 30 Mar 2026
Net transaction value: -$56,268,500
SEC form: 4
Accepted by SEC: 01 Apr 2026, 19:11:41 UTC
Prior SEC filing: 05 Jan 2026
Next SEC filing: 18 May 2026
Source filing: View source filing
Reporting owner signature: Griffin Perry, /s/ Griffin Perry

Key filing fact

Griffin Perry filed Form 4 for Fermi Inc. (FRMI) on 01 Apr 2026.

Key facts

This page summarizes Griffin Perry's Form 4 filing for Fermi Inc. (FRMI).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 01 Apr 2026, 19:11.

Change

Previous filing in this sequence was filed on 05 Jan 2026.
Current net transaction value: -$56,268,500.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (2)

CIK 0001950683 Primary reporting owner

Perry Griffin

Relationship: 10%+ Owner
Address: 1333 OAK LAWN AVE, SUITE 900, DALLAS
Signature: Griffin Perry, /s/ Griffin Perry
Signature date: 01 Apr 2026

CIK 0002123470

Caddis Holdings, LP

Relationship: 10%+ Owner
Address: 1333 OAK LAWN AVE, SUITE 900, DALLAS
Signature: Caddis Holdings, LP, /s/ Griffin Perry, Manager of Caddis Capital, LLC, general partner of Caddis Holdings, LP
Signature date: 01 Apr 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

FRMI transaction

Common Stock, $0.001 par value

Sale

Transaction value: $45,191,700
Shares: -9,000,000
Change %: -13%
Price: $5.02
Shares after: 62,946,450
Date: 30 Mar 2026
Ownership: See Footnotes
Footnotes: F1, F2, F3

FRMI transaction

Common Stock, $0.001 par value

Sale

Transaction value: $45,191,700
Shares: -9,000,000
Change %: -13%
Price: $5.02
Shares after: 62,946,450
Date: 30 Mar 2026
Ownership: See Footnotes
Footnotes: F1, F2, F3

FRMI transaction

Common Stock, $0.001 par value

Sale

Transaction value: $11,076,800
Shares: -2,000,000
Change %: -3.2%
Price: $5.54
Shares after: 60,946,450
Date: 31 Mar 2026
Ownership: See Footnotes
Footnotes: F2, F3, F4

FRMI transaction

Common Stock, $0.001 par value

Sale

Transaction value: $11,076,800
Shares: -2,000,000
Change %: -3.2%
Price: $5.54
Shares after: 60,946,450
Date: 31 Mar 2026
Ownership: See Footnotes
Footnotes: F2, F3, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Griffin Perry is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 4 footnotes

Footnote F1

The reported price is the weighted average sales price for the transactions reported on that line. Sales were made at prices between $4.9286-$5.346 per share. The Reporting Persons will provide to the Staff, the Issuer, or a security holder full information regarding the number of shares purchased or sold at each separate price upon request.

Footnote F2

Reflects shares of common stock of Fermi Inc. (the "Issuer") directly held by Caddis Holdings, LP. Mr. Perry is a manager of Caddis Capital, LLC, the general partner of Caddis Holdings, LP, and may be deemed to beneficially own common stock of the Issuer held by Caddis Holdings, LP. Mr. Perry disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. This report shall not be deemed an admission that Mr. Perry is the beneficial owner of such securities for purposes of Sections 13 or 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose. The Reporting Persons declare that neither the filing of this statement nor anything herein shall be construed as an admission that such persons are, for the purposes of Section 13(d) or 13(g) of the Exchange Act or any other purpose, a member of a group with respect to the Issuer or securities of the Issuer.

Footnote F3

Caddis Holdings, LP was previously organized as Caddis Holdings, LLC and underwent a change in the form of the entity, without the transfer of any shares of the Issuer or any change in the beneficial ownership of such shares.

Footnote F4

The reported price is the weighted average sales price for the transactions reported on that line. Sales were made at prices between $5.4003-$5.5494 per share. The Reporting Person will provide to the Staff, the Issuer, or a security holder full information regarding the number of shares purchased or sold at each separate price upon request.