Form 4: NuScale Power Corp: Interim VP of Accounting Acquires 93,750 Restricted Stock Units

Jacqueline F. Engel, Interim VP of Accounting at NuScale Power Corp, reports the acquisition of 93,750 restricted stock units (RSUs) that will vest in three equal annual installments beginning February 28, 2025.

Summary

• Jacqueline F. Engel, the Interim VP of Accounting at NuScale Power Corp, filed a Form 4 to report changes in beneficial ownership.
• On March 6, 2024, Engel acquired 93,750 restricted stock units (RSUs).
• These RSUs convert into Class A Common Stock on a one-for-one basis.
• The RSUs vest in three equal annual installments, starting on February 28, 2025.
• Following the reported transaction, Engel directly owns 93,750 derivative securities.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a standard insider transaction. The vesting schedule suggests a long-term commitment from the executive.

Future Outlook

The restricted stock units vest over a three-year period, beginning February 28, 2025, suggesting a commitment to the company's long-term success.

Industry Context

This filing is a routine disclosure of insider transactions, common for publicly traded companies. It provides transparency into the holdings of company executives.

Stakeholder Impact

• The acquisition of RSUs by a company executive can signal confidence in the company's future performance to shareholders.

Key Dates