Form 4: NuScale Power Corp Executive Robert K. Temple Reports Stock Sales
SEC Form 4 Filing
Robert K. Temple, a retired officer of NuScale Power Corp, reported the sale of 100,000 shares of Class A Common Stock and the exercise of options to acquire 100,000 shares.
Summary
- On August 13 and 14, 2024, Robert K. Temple, a retired officer of NuScale Power Corp, engaged in transactions involving the company's Class A Common Stock.
- Temple exercised options to acquire 50,000 shares on each day at a price of $3.41 per share.
- Concurrently, Temple sold 50,000 shares on each day at weighted average prices of $10.031 and $10.00, respectively.
- Following these transactions, Temple directly owns 19,054 shares of Class A Common Stock.
- Temple also holds options to purchase 144,627 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure of insider transactions and doesn't necessarily reflect a broader trend in the nuclear energy industry or among competitors. However, monitoring insider activity can provide insights into management's perspective on the company's valuation and future prospects.
Stakeholder Impact
- The stock sales by a company insider could be perceived negatively by some shareholders, potentially leading to concerns about the company's future prospects.
- However, the transactions are relatively small and may not have a significant impact on overall investor sentiment.
Key Dates
| Date | Description |
|---|---|
| March 1, 2018 | Option became exercisable for 25% of the shares. |
| March 1, 2021 | Option became fully exercisable. |
| February 14, 2028 | Expiration date of Employee Stock Options. |
| 08/13/2024 | Date of initial stock option exercise and sale. |
| 08/14/2024 | Date of subsequent stock option exercise and sale. |
| 08/15/2024 | Date of signature on the Form 4 filing. |
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