Form 4: NuScale Power COO Carl M. Fisher Reports Stock Transactions

Sentiment:

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

DateDescription
July 22, 2023Reporting person was granted 127,875 restricted stock units.
August 4, 2024First vesting date of restricted stock units.
August 5, 2024Acquisition of 42,625 shares of Class A Common Stock through vesting of restricted stock units.
August 6, 2024Sale of 12,302 shares of Class A Common Stock at $8.788 per share.
August 7, 2024Date of Form 4 signature.

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