Form 4: NuScale Power Corp Executive Exercises and Sells Shares
SEC Form 4 Filing
Jacqueline F. Engel, Interim VP of Accounting at NuScale Power Corp, executed multiple transactions involving the company's Class A Common Stock and employee stock options on November 29, 2024.
Summary
- Jacqueline F. Engel, Interim VP of Accounting at NuScale Power Corp, engaged in several transactions on November 29, 2024.
- These transactions included the acquisition of Class A Common Stock through the exercise of employee stock options at prices of $3.24, $3.41, and $6.41 per share.
- A total of 18,186 Class A Common Stock shares were sold at a price of $29 per share.
- The transactions resulted in a net decrease in the number of shares directly owned by Ms. Engel.
Sentiment
Score: 5
Explanation: The document is a neutral report of insider transactions, with no indication of positive or negative sentiment. It is a routine filing.
Industry Context
This filing is a routine disclosure of insider transactions, which is common for publicly traded companies. It provides transparency into the trading activities of company executives.
Comparison to Industry Standards
- SEC Form 4 filings are standard practice for all publicly traded companies in the United States.
- The transactions are typical for executives who receive stock options as part of their compensation.
- The sale of shares at $29 is a snapshot in time and does not indicate the overall performance of the company.
Stakeholder Impact
- The transactions may have a minor impact on the stock price due to the sale of shares by an executive.
- The filing provides transparency to shareholders regarding executive trading activity.
Key Dates
| Date | Description |
|---|---|
| 04/01/2020 | Date when options for 2,598 shares became fully exercisable. |
| 05/01/2021 | Date when options for 1,732 shares became fully exercisable. |
| 03/01/2021 | Date when options for 7,794 shares became fully exercisable. |
| 04/01/2024 | Date when options for 6,062 shares became fully exercisable. |
| 11/29/2024 | Date of the reported transactions. |
| 12/03/2024 | Date of the signature on the SEC Form 4. |
Keywords
NuScale Power Corp, SMR, Class A Common Stock, employee stock options, insider trading, SEC Form 4, executive transactions
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