Form 4: NuScale Power COO Carl M. Fisher Reports Stock Transactions
SEC Form 4 Filing
Carl M. Fisher, Chief Operating Officer of NuScale Power Corp, reports acquisition and disposal of Class A Common Stock related to restricted stock unit vesting and tax obligations.
Summary
- On August 5, 2024, Carl M. Fisher acquired 42,625 shares of Class A Common Stock through the vesting of restricted stock units.
- Also on August 5, 2024, Fisher disposed of 42,625 restricted stock units.
- On August 6, 2024, Fisher sold 12,302 shares of Class A Common Stock at a price of $8.788 per share.
- These sales were to cover tax withholding obligations associated with the vesting of the restricted stock units.
- Following these transactions, Fisher directly owns 30,323 shares of Class A Common Stock and 85,250 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, which is common practice for publicly traded companies. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company insiders as it can provide insights into management's perspective on the company's value.
Key Dates
| Date | Description |
|---|---|
| July 22, 2023 | Reporting person was granted 127,875 restricted stock units. |
| August 4, 2024 | First vesting date of restricted stock units. |
| August 5, 2024 | Acquisition of 42,625 shares of Class A Common Stock through vesting of restricted stock units. |
| August 6, 2024 | Sale of 12,302 shares of Class A Common Stock at $8.788 per share. |
| August 7, 2024 | Date of Form 4 signature. |
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