Form 4: NuScale Power CEO John Hopkins Sells Shares to Cover Tax Obligations

NuScale Power's CEO, John Lawrence Hopkins, sold 22,674 shares of Class A Common Stock on May 8, 2025, at a price of $16.742 per share to cover tax withholding obligations related to the vesting of restricted stock units.

Summary

• On May 8, 2025, John Lawrence Hopkins, the CEO of NuScale Power Corp, sold 22,674 shares of Class A Common Stock.
• The shares were sold at a price of $16.742 per share.
• The sale was executed to cover tax withholding obligations associated with the vesting and settlement of restricted stock units.
• Following the transaction, Hopkins directly owns 26,345 shares of NuScale Power Corp.
• The sale was conducted as a 'sell to cover' transaction to satisfy these tax obligations.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction is a routine sale of shares to cover tax obligations, with no indication of a change in the executive's confidence in the company.

Industry Context

Executive stock sales are a common occurrence, often related to compensation and tax planning. The sale itself doesn't necessarily indicate a negative outlook on the company's future, but it's a transaction investors often monitor.

Stakeholder Impact

• The sale could have a minor impact on shareholders if it creates downward pressure on the stock price, although the impact is likely to be minimal given the context.

Key Dates

Keywords

NuScale Power, John Lawrence Hopkins, CEO, Class A Common Stock, Form 4, SEC, Tax Withholding, Restricted Stock Units, Sell to Cover, SMR