Form 4: NuScale Power CFO Robert Hamady Sells Shares to Cover Tax Obligations After RSU Vesting

Robert Ramsey Hamady, Chief Financial Officer of NuScale Power Corp, sold shares of Class A Common Stock to cover tax withholding obligations related to the vesting of restricted stock units (RSUs).

Summary

• On February 28, 2025, Robert Ramsey Hamady, the CFO of NuScale Power Corp, executed transactions involving Class A Common Stock.
• Hamady sold 11,630 shares at a price of $16.446 per share on March 3, 2025.
• These sales were to cover tax withholding obligations associated with the vesting of restricted stock units (RSUs).
• Hamady also acquired 44,270 shares through the vesting of RSUs on February 28, 2025, at a price of $0.
• Following these transactions, Hamady directly owns 61,481 shares of Class A Common Stock.
• Additionally, Hamady was granted 75,625 restricted stock units on February 28, 2025, which vest annually in three equal installments beginning on February 28, 2026.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of insider trading activity related to tax obligations. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common occurrences in publicly traded companies. It provides transparency into the trading activities of company executives and their potential alignment with shareholder interests.

Stakeholder Impact

• The sale of shares by the CFO could have a minor, temporary impact on the stock price, but is unlikely to be significant given the context of tax obligations.

Key Dates