Form 4: NuScale Power Corp Executive Reyes Jr. Reports Stock Transactions

Jose N. Reyes Jr., Chief Technology Officer of NuScale Power Corp, reports the acquisition and disposal of Class A Common Stock related to restricted stock unit vesting and tax obligations.

Summary

• Jose N. Reyes Jr., Chief Technology Officer of NuScale Power Corp, filed a Form 4 detailing changes in beneficial ownership.
• On May 2, 2025, 32,679 shares of Class A Common Stock were acquired through the vesting of restricted stock units.
• Also on May 2, 2025, 32,679 shares were disposed of to cover tax withholding obligations related to the vesting of the restricted stock units.
• On May 5, 2025, 16,134 shares of Class A Common Stock were sold at a price of $16.378 per share.
• Following these transactions, Reyes Jr. beneficially owns 532,752 shares of Class A Common Stock indirectly through the Jose N. Reyes, Jr. Trust, dated August 2, 2021.
• The restricted stock units convert into common stock on a one-for-one basis and were granted on July 8, 2022, vesting in three equal installments beginning on May 2, 2023.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by an insider. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to the market.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the increased number of shares sold on the market.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Transactions, Restricted Stock Units, NuScale Power, SMR, Reyes