secwatch.observer — SEC 8-K summary
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Issuer:     Fermi Inc. (FRMI)
CIK:        0002071778
Form:       8-K
Filed at:   2026-08-13T23:19:53+00:00
Accession:  0001213900-26-089340
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fermi appoints Lee McIntire as CEO effective Aug 11, 2026
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- Lee McIntire appointed CEO effective Aug 11, 2026; he continues as director without additional compensation.
- Base salary $750,000; target annual bonus 100% of base, max 200% of target; $15,000 monthly housing allowance.
- RSU award with $3,000,000 grant-date fair value; 100% cliff vest on first anniversary, accelerated vesting on successor appointment, change in control, or termination without cause.
- Employment agreement provides severance of accrued obligations; bonus prorated for days served as CEO.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2071778/000121390026089340/0001213900-26-089340-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2071778/000121390026089340/ea0302016-8k_fermi.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-089340

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