---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-077385"
form_type: "8-K"
ticker: "FRMI"
cik: "0002071778"
company_name: "Fermi Inc."
filed_at: "2026-07-13T13:15:42+00:00"
generated_at: "2026-07-13T13:17:05.970757+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Director Miles Everson resigns over disagreement on books access and committee delegation

## Summary
- Miles Everson resigned as director effective July 10, 2026, citing disagreement over access to books and records and delegation of financing oversight to Finance Committee.
- Company states Everson was granted full access except for materials related to pending litigation involving Toby Neugebauer, for whom Everson served as board representative.
- Everson had approved the establishment of the Finance Committee and delegation of responsibility, according to the company.
- Resignation letter attached as Exhibit 17.1; Everson did not serve on any board committee at time of resignation.

## SEC filing metadata
- accession: 0001213900-26-077385
- form_type: 8-K
- ticker: FRMI
- cik: 0002071778
- company_name: Fermi Inc.
- filed_at: 2026-07-13T13:15:42+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2071778/000121390026077385/0001213900-26-077385-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2071778/000121390026077385/ea0297782-8k_fermi.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-077385
- JSON: https://secwatch.observer/filing/0001213900-26-077385.json
- Plain text: https://secwatch.observer/filing/0001213900-26-077385.txt

## Key facts
- Executive change
  Miles Everson resigned as director at Fermi Inc..
  - Action: resigned
  - Role: director
  source text: On July 10, 2026, the Board of Directors (the “Board”) of Fermi Inc. (the “Company”) received a letter from Mr. Miles Everson, a director designee of Toby Neugebauer, pursuant to which Mr. Everson resigned as a director of the Company, effective immediately (the “Resignation Letter”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/2071778/000121390026077385/0001213900-26-077385-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.