Fermi Inc. has filed a Form 144 to sell 94,000 shares of its common stock, valued at approximately $171,080. This filing, submitted on November 4, 2026, signifies an important transaction for the company and its stakeholders.

Background

Fermi Inc., classified under the Standard Industrial Classification (SIC) of 6798, operates as a Real Estate Investment Trust (REIT). The company is listed on the Nasdaq under the ticker symbol FRMI. Fermi Inc. is incorporated in Texas and is recognized as an emerging growth company.

What the Filing Says

The filing indicates that Toby Neugebauer, a 10% stockholder, is the individual selling the shares. The approximate sale date is listed as November 4, 2026. The filing notes that the shares were acquired from the issuer in a private transaction on January 10, 2025.

Impact

This transaction may impact Fermi Inc.'s stockholder dynamics, particularly as it reflects the actions of a significant shareholder. The sale could influence investor perceptions and market activity within the real estate investment trust sector.

What's Next

The filing does not say what happens next.

Recent Transactions

In addition to the current filing, Fermi Inc. has seen significant activity in the past three months. Notably, on October 13, 2026, 2,750,000 shares were sold by Melissa A. Neugebauer, generating gross proceeds of approximately $10,266,575. Following this, on October 14, 2026, Vicksburg Investments Management, LLC sold 1,297,200 shares for about $4,089,293.28. Further sales included 420,749 shares sold by Melissa A. Neugebauer on October 20, 2026, yielding gross proceeds of $1,277,225.66, and another transaction on November 3, 2026, where Vicksburg Investments Management, LLC sold 1,281,900 shares, resulting in proceeds of approximately $2,613,922.29.

Broker Information

The shares being sold in this transaction are being handled by Goldman Sachs & Co. LLC, a well-known financial services firm based in New York. This involvement indicates a level of confidence in the transaction and may provide additional support for market activities related to Fermi Inc.

Company Overview

Fermi Inc. was formerly known as Fermi LLC until a name change on June 5, 2025. The company is headquartered at 1845 Woodall Rodgers Fwy, Suite 1100, Dallas, TX, and operates within the real estate sector as a REIT. Its fiscal year ends on December 31, and it is classified under the SIC code for Real Estate Investment Trusts (6798).

Additional Insights

The filing does not provide insights into the reasons behind the share sales or any strategic plans moving forward. It also does not include information on the overall performance of Fermi Inc. or future projections regarding its operations or market conditions.