Form 4: NuScale Power CEO Sells Shares to Cover Tax Obligations
SEC Filing
CEO John Hopkins sold 14,345 shares of NuScale Power Corp to cover tax withholding obligations related to vested restricted stock units.
Summary
- On May 8, 2024, John Lawrence Hopkins, CEO of NuScale Power Corp, sold 14,345 shares of Class A Common Stock at a price of $6.04 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 34,675 shares of NuScale Power Corp.
- The transaction was reported on a Form 4 filing with the Securities and Exchange Commission.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (selling shares to cover taxes) and doesn't contain any information that would significantly impact sentiment positively or negatively.
Industry Context
Sales of shares to cover tax obligations are a routine part of executive compensation and are not necessarily indicative of the executive's view of the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 05/08/2024 | Date of the stock sale transaction. |
| 05/10/2024 | Date of signature on the Form 4 filing. |
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