Form 4: NuScale Power CFO Robert Ramsey Hamady Acquires Restricted Stock Units and Stock Options

Robert Ramsey Hamady, Chief Financial Officer of NuScale Power Corp, reports acquisition of restricted stock units and stock options.

Summary

• On March 6, 2024, Robert Ramsey Hamady, the Chief Financial Officer of NuScale Power Corp, acquired 132,812 restricted stock units (RSUs) and 265,625 stock options.
• The RSUs convert into Class A Common Stock on a one-for-one basis and vest in three equal annual installments beginning February 28, 2025.
• The stock options, with an exercise price of $3.2, also vest in three equal annual installments beginning February 28, 2025.
• Following these transactions, Hamady directly owns 132,812 RSUs and 265,625 stock options.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive as it reflects insider confidence through equity ownership, but it's a routine filing and doesn't necessarily indicate a major shift in the company's prospects.

Positives

• The acquisition of RSUs and stock options by the CFO could be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The vesting schedules for the RSUs and stock options suggest a long-term commitment from the CFO to the company's success.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders. This filing indicates compensation and ownership alignment for a key executive.

Stakeholder Impact

• The acquisition of equity by the CFO aligns his interests with those of shareholders, potentially encouraging decisions that benefit the company's long-term value.

Key Dates