Ortiz Blanes Jacobo sold FRMI
April 9, 2026 · Form 4 insider transaction
Ortiz Blanes Jacobo sold 427,363 shares of Fermi Inc. at $4.58 per share, a transaction worth $1.96M. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 1 day after the transaction.
Footnotes
Represents a weighted average price calculated by a broker executing automatic "sell-to-cover" transactions to cover withholding taxes upon award vesting and share delivery. These shares were sold as part of a block trade in multiple transactions at prices ranging from $4.76 to $4.47, inclusive, and the Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate sales price.; Includes 4,200,000 shares of restricted common stock of the Issuer subject to time-based vesting conditions.