Form 4: NuScale Director Kresa Acquires Shares

NuScale Power Corp. Director Kent Kresa acquired 1,262 shares of Class A Common Stock in lieu of quarterly director fees.

Summary

• Director Kent Kresa acquired 1,262 shares of NuScale Power Corp. Class A Common Stock on September 30, 2025.
• The shares were granted in lieu of quarterly director fees, with an acquisition price of $36 per share, totaling $45,432.
• Following this transaction, Kent Kresa's indirect beneficial ownership through the Kent Kresa Trust, dated November 14, 2006, increased to 82,578 shares of Class A Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is moderately positive as a director is taking stock as compensation, which aligns their interests with shareholders. However, it is a routine compensation event rather than a discretionary open-market purchase, limiting its overall impact on sentiment.

Positives

• Director Kent Kresa acquired 1,262 shares of Class A Common Stock, increasing his indirect beneficial ownership to 82,578 shares, which can signal confidence in the company's future.
• The acquisition was part of routine director compensation, indicating a structured approach to aligning management interests with shareholders.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This filing represents a routine insider transaction, common across industries, where directors receive equity as part of their compensation, aligning their interests with shareholders. It does not provide specific insights into broader industry trends for small modular reactors (SMRs) or the energy sector.

Related Party Transactions

• The acquisition of shares by Director Kent Kresa in lieu of quarterly director fees represents a compensation arrangement between the company and a related party (a director).

Stakeholder Impact

• Shareholders may view the director's increased equity stake as a positive signal of management's commitment and confidence in the company's long-term prospects.

Key Dates

Recommendation

The filing reports a routine acquisition of shares by a director as part of their compensation. While this indicates alignment of interests, it is not a significant catalyst for a change in investment recommendation and does not provide new fundamental information to warrant a 'buy' or 'sell' rating.

Keywords

NuScale Power, SMR, Kent Kresa, Insider Transaction, Form 4, Director Compensation, Stock Grant