Form 4: NuScale Power COO Carl Fisher Acquires Restricted Stock Units and Stock Options

Carl M. Fisher, Chief Operating Officer of NuScale Power Corp, reports the acquisition of restricted stock units and stock options in the company.

Summary

• Carl M. Fisher, the Chief Operating Officer of NuScale Power Corp, filed a Form 4 detailing changes in beneficial ownership.
• On March 6, 2024, Fisher acquired 156,250 restricted stock units (RSUs) that convert into Class A Common Stock on a one-for-one basis.
• These RSUs vest in three equal annual installments starting February 28, 2025.
• Fisher also acquired 312,500 employee stock options with an exercise price of $3.20.
• These options also vest in three equal annual installments beginning February 28, 2025.
• Following these transactions, Fisher directly owns 156,250 restricted stock units and 312,500 employee stock options.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing related to executive compensation. The acquisition of stock options and RSUs could be seen as a positive sign of confidence, but it's not a major event.

Positives

• The acquisition of RSUs and stock options by the COO could be seen as a positive sign, indicating confidence in the company's future performance.
• The vesting schedules for both RSUs and stock options align with a three-year period, potentially incentivizing long-term commitment from the COO.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates changes in the COO's holdings of NuScale Power securities.

Stakeholder Impact

• Shareholders may view the COO's increased stake in the company positively.
• Employees may see this as a sign of leadership's commitment to the company's success.

Key Dates