Form 4: Fluor Sells NuScale Power Shares

Fluor Corporation, a 10% owner and director of NuScale Power, sold 463,747 shares of Class A Common Stock for a weighted average price of $13.1466 per share.

Summary

• Fluor Corporation, identified as a Director and 10% Owner of NuScale Power Corp (SMR), reported a transaction.
• On February 26, 2026, Fluor Corporation disposed of 463,747 shares of NuScale Power Class A Common Stock.
• The shares were sold at a weighted average price of $13.1466 per share.
• The sale occurred in multiple transactions with prices ranging from $12.78 to $13.451.
• Following this transaction, Fluor Corporation indirectly beneficially owns 39,936,472 shares of Class A Common Stock through its wholly-owned subsidiary, Fluor Enterprises, Inc.

Sentiment

Score: 4

Explanation: StockSavvy.ai views this as a moderately negative signal. While not a complete exit, the sale by a 10% owner and director suggests a degree of reduced conviction or a move to reallocate capital, which can weigh on investor sentiment.

Negatives

• A significant insider, Fluor Corporation (a 10% owner and director), sold a substantial number of shares, which can be interpreted as a negative signal regarding future prospects or valuation.
• The sale represents a partial divestment by a key strategic investor.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider selling, especially from a significant shareholder and director like Fluor Corporation, can sometimes signal a strategic rebalancing of portfolios or a perceived peak in valuation. While this specific transaction is a partial divestment, it warrants attention from investors monitoring insider sentiment in the nuclear power and energy sector.

Related Party Transactions

• Fluor Corporation, a 10% owner and director of NuScale Power, engaged in a sale of Class A Common Stock, which constitutes a related party transaction.

Stakeholder Impact

• Shareholders may interpret the insider sale as a negative signal, potentially leading to downward pressure on the stock price.
• The transaction could influence market perception of NuScale Power's valuation and future prospects among investors.

Key Dates

Recommendation

The sale of shares by a 10% owner and director, Fluor Corporation, is a negative signal. However, given that the sale represents a relatively small percentage of Fluor's total beneficial ownership in NuScale Power (approximately 1.15% of their remaining 39,936,472 shares), it does not necessarily indicate a complete loss of confidence. Investors should 'hold' and monitor future insider activity and company fundamentals for a clearer trend, as this single transaction, while notable, may be part of a broader portfolio rebalancing rather than a definitive bearish stance.

Keywords

NuScale Power, SMR, Fluor Corporation, Insider Sale, Form 4, Stock Transaction, Equity Disposal