Perry Griffin sold ~$113M in Fermi Inc. stock
Fermi Inc. (FRMI) · Data via SEC EDGAR Form 4
Price Performance · 10 days before → 90 days after trade
▲ = insider buy date
Trade Details · Public SEC Filing
Insider
Perry Griffin
Role
—
Transaction
Open-Market Sale
Approx. Value
~$113M
Trade Date
Mar 31, 2026
Company
Fermi Inc.
Ticker
FRMISource
SEC EDGAR Form 4
Why This Trade Stands Out
Strong conviction signal
Scored above average across multiple factors. Roughly 15% of insider trades qualify as Strong.
~$113M sale
Trades over $1M are rare. When insiders put this much of their own money on the line, they tend to have high conviction in their company's direction.
How good is Perry Griffin at picking stocks?
Full track record: win rate, average return, and performance vs S&P 500
On March 31, 2026, Perry Griffin — a corporate insider at Fermi Inc. — filed a Form 4 with the SEC disclosing an open-market sale of approximately ~$113M in Fermi Inc. (FRMI) stock.
Under Section 16(a) of the Securities Exchange Act of 1934, corporate insiders must report all open-market stock transactions to the SEC within two business days. These filings — known as Form 4s — are publicly available on the SEC's EDGAR database. VeritySignals filters and scores the full Form 4 stream to surface high-conviction signals like this one.
VeritySignals Conviction Analysis
Full Conviction Analysis
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All data sourced from publicly available SEC Form 4 filings via EDGAR · Not financial advice · Past performance does not guarantee future results.
At a Glance
More FRMI Insider Activity
Perry James Richard
Jun 30, 2026
~$6.3M
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Everson Miles E.
Apr 9, 2026
~$2.0M
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Ortiz Blanes Jacobo
Apr 9, 2026
~$2.0M
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Ortiz Blanes Jacobo
Apr 9, 2026
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How to Read Insider Trades
What is this?
When company executives buy or sell their own stock, they must report it to the SEC within 2 days. These public filings reveal what the people who know the company best are doing with their own money.
Why does it matter?
Insiders can sell for many reasons (taxes, diversification, expenses), but they generally only buy for one: they think the stock is going up. That's why insider purchases are more predictive than sales.
What makes a trade "strong"?
We score trades on 15+ factors: the insider's role (CEO > director), trade size relative to their salary, whether other insiders also bought (clusters), and historical accuracy of the insider.
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