Fermi Inc. (FRMI) Form 8-K — Jul 23, 2026
Fermi Inc. appointed four C-level executives effective July 22, 2026, including Rob Masson as CFO, Jacobo Ortiz as COO, Anna Bofa as CCO, and George Wentz as General Counsel, formalizing its leadership structure. The Board approved employment agreements with five-year terms, setting base salaries of $500,000 for Wentz, Bofa, and Ortiz, and $650,000 for Masson, alongside potential annual bonuses of up to 200% of target. The executives received significant sign-on equity awards, including 1.5 million restricted stock units for Wentz, 2 million for Bofa, and 975,000 for Masson, plus long-term incentive targets ranging from $2.25 million to $3 million.
Key figures
- Base Salary Bofa
- 500000
- Sign On RSUs Bofa
- 2000000
- Target LTIPBofa
- 3000000
- Base Salary Ortiz
- 500000
- Base Salary Wentz
- 500000
- Sign On RSUs Wentz
- 1500000
- Target LTIPOrtez
- 3000000
- Target LTIPWentz
- 2250000
- Base Salary Masson
- 650000
- Sign On RSUs Masson
- 975000
- Target LTIPMasson
- 3000000
Price after filing
Close on the filing date to close N calendar days later (from $6.32). Historical, not a forecast.
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