{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-050183","form_type":"8-K/A","ticker":"FRMI","cik":"0002071778","company_name":"Fermi Inc.","filed_at":"2026-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.471628+00:00","generated_at":"2026-05-15T01:13:49.907659+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Fermi Inc. terminates Toby Neugebauer for cause, removes him from board","bullets":["Mr. Neugebauer's employment terminated for cause on April 30, 2026 due to conduct violating his agreement and company policies.","He was automatically removed from the board of directors effective the same date.","No replacement officer or director has been announced in this filing."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-050183","json":"https://secwatch.observer/filing/0001213900-26-050183.json","markdown":"https://secwatch.observer/filing/0001213900-26-050183.md","text":"https://secwatch.observer/filing/0001213900-26-050183.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2071778/000121390026050183/0001213900-26-050183-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2071778/000121390026050183/ea0288605-8ka1_fermi.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T01:13:49.907659+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1ad0f91711","claim":"Toby Neugebauer was removed as director at Fermi Inc..","evidence_excerpt":"As a result of his termination for Cause, Mr. Neugebauer was automatically removed from the Company’s board of directors.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2071778/000121390026050183/0001213900-26-050183-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"removed"},{"label":"Role","value":"director"}],"fact_type":"executive_change"},{"claim_id":"535433dd3b","claim":"Toby Neugebauer was terminated as not explicitly stated at Fermi Inc..","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2071778/000121390026050183/0001213900-26-050183-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"terminated"},{"label":"Role","value":"not explicitly stated"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}