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

Carl M. Fisher, Chief Operating Officer of NuScale Power Corp, reports the vesting of restricted stock units and subsequent sale of shares to cover tax obligations.

Summary

• On February 28, 2025, Carl M. Fisher, the Chief Operating Officer of NuScale Power Corp, had 52,083 restricted stock units vest and convert into Class A Common Stock.
• Fisher sold 15,961 shares of Class A Common Stock on March 3, 2025, at a price of $16.446 per share.
• These sales were to cover tax withholding obligations related to the vesting of the restricted stock units.
• Following these transactions, Fisher directly owns 66,445 shares of Class A Common Stock.
• Fisher also holds 104,167 restricted stock units from a previous grant and 58,173 restricted stock units from a new grant.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to executive compensation. The sale of shares is explicitly for tax purposes, mitigating potential negative interpretations.

Positives

• The vesting of restricted stock units indicates that Fisher is meeting the conditions of his equity compensation plan.

Negatives

• The sale of shares, even for tax purposes, could be interpreted negatively by some investors.

Risks

• Executive stock sales can sometimes be perceived as a lack of confidence in the company's future performance, although in this case, it's explicitly stated to cover tax obligations.

Industry Context

This filing is a routine disclosure related to executive compensation and stock transactions, common in publicly traded companies.

Stakeholder Impact

• The sale of shares could have a minor impact on shareholders if it contributes to downward price pressure, although the stated reason mitigates this concern.

Key Dates