secwatch / observer
8-K/A filed April 30, 2026, 7:59 PM ET ticker FRMI CIK 0002071778
leadership confidence high sentiment negative materiality 0.75

Fermi Inc. terminates Toby Neugebauer for cause, removes him from board

Fermi Inc.

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Toby Neugebauer

director
FRMI · Fermi Inc.
Effective
2026-04-30
Filed
April 30, 2026, 7:59 PM ET
As a result of his termination for Cause, Mr. Neugebauer was automatically removed from the Company’s board of directors.
Departed

Toby Neugebauer

not explicitly stated
FRMI · Fermi Inc.
Effective
2026-04-30
Filed
April 30, 2026, 7:59 PM ET
On April 30, 2026, the Company terminated Mr. Toby Neugebauer’s employment for Cause pursuant to his Employment Agreement as a result of conduct in violation of the terms of such agreement and of Company policies.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Toby Neugebauer was removed as director at Fermi Inc..

Action
removed
Role
director
Exact text from the filing
As a result of his termination for Cause, Mr. Neugebauer was automatically removed from the Company’s board of directors.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Toby Neugebauer was terminated as not explicitly stated at Fermi Inc..

Action
terminated
Role
not explicitly stated
Exact text from the filing
On April 30, 2026, the Company terminated Mr. Toby Neugebauer’s employment for Cause pursuant to his Employment Agreement as a result of conduct in violation of the terms of such agreement and of Company policies.
View on SEC.gov

Fermi Inc. filing history →

Source: SEC EDGAR
accession 0001213900-26-050183
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