Chief Nuclear Constr. Officer Uzman sells 158,541 shares for $1,000,393.71 at FRMI, reducing stake by 19.1%; company posted net income of $-188,693,000.00
Mesut Uzman, Chief Nuclear Construction Officer at Fermi Inc., executed 2 separate sales totaling 158,541 shares for $1,000,393.71 at $6.31 per share on 2026-06-03, reducing his holdings from 829,032 shares to 670,491 shares. This represents a material 19.1% reduction in his stake. The sale occurs in the context of the company's substantial unprofitability: Fermi reported net income of $-188,693,000.00 for its most recent full fiscal year. The combination of a significant insider liquidation by an executive with nuclear construction responsibility and the company's severe negative earnings creates a factual pattern that merits investor attention.