Toby R. Neugebauer - Sep 30, 2025 Form 3 Insider Report for Fermi Inc. (FRMI)

Role
President, CEO, Director, 10%+ Owner
Signature
TOBY R. NEUGEBAUER /s/ Toby R. Neugebauer
Stock symbol
FRMI
Transactions as of
Sep 30, 2025
Transactions value $
$0
Form type
3
Date filed
10/2/2025, 05:49 PM
SEC
View on sec.gov

Reporting Owners (2)

Name Relationship Address Signature Signature date CIK
NEUGEBAUER TOBY R President, CEO, Director, 10%+ Owner 620 S. TAYLOR ST., SUITE 301, AMARILLO TOBY R. NEUGEBAUER /s/ Toby R. Neugebauer 2025-09-30 0001098464
Melissa A. Neugebauer 2020 Trust 10%+ Owner 620 S. TAYLOR ST., SUITE 301, AMARILLO MELISSA A. NEUGEBAUER 2020 TRUST /s/ Toby R. Neugebauer, Trustee 2025-09-30 0002088794

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FRMI Common Stock 7.5M Sep 30, 2025 Direct F1
holding FRMI Common Stock 94.4M Sep 30, 2025 See Footnote F2
holding FRMI Common Stock 45.2M Sep 30, 2025 See Footnote F3
holding FRMI Common Stock 4.5M Sep 30, 2025 See Footnote F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of shares of restricted stock of Fermi Inc. (the "Issuer") subject to time-based vesting conditions.
F2 Reflects shares of common stock of the Issuer directly held by Melissa A. Neugebauer 2020 Trust. Mr. Neugebauer is the investment trustee of Melissa A. Neugebauer 2020 Trust and may be deemed to beneficially own Common Stock of the Issuer held by Melissa A. Neugebauer 2020 Trust. Mr. Neugebauer 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. Neugebauer is the beneficial owner of such securities for purposes of Sections 13 and 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.
F3 Reflects shares of common stock of the Issuer directly held by Vicksburg Investments Management LLC. Mr. Neugebauer is a managing member of Vicksburg Investments Management LLC and may be deemed to beneficially own common stock of the Issuer held by Vicksburg Investments Management LLC. Mr. Neugebauer 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. Neugebauer is the beneficial owner of such securities for purposes of Sections 13 and 16 of the Exchange Act or for any other purpose.
F4 Reflects shares of common stock of the Issuer directly held by TMNN Manager LLC. Mr. Neugebauer is a managing member of TMNN Manager LLC and may be deemed to beneficially own common stock of the Issuer held by TMNN Manager LLC. Mr. Neugebauer 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. Neugebauer is the beneficial owner of such securities for purposes of Sections 13 and 16 of the Exchange Act or for any other purpose.