Form 4: NuScale Power Corp: Officer Engel Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Jacqueline F. Engel, Interim VP of Accounting at NuScale Power Corp, reports the acquisition and disposal of Class A Common Stock and Restricted Stock Units.

Summary

  • On February 28, 2025, Jacqueline F. Engel, Interim VP of Accounting at NuScale Power Corp, engaged in transactions involving Class A Common Stock and Restricted Stock Units.
  • Engel acquired 2,371 and 31,250 shares of Class A Common Stock upon the vesting of Restricted Stock Units at a price of $0.
  • Engel disposed of 1,645 shares at $18.15 and 9,003 shares at $16.446 on March 3, 2025.
  • These sales were to cover tax withholding obligations related to the vesting of restricted stock units.
  • Following these transactions, Engel directly owns 25,767 shares of Class A Common Stock and 23,269 Restricted Stock Units.
  • The transactions were made pursuant to a 10b5-1 Plan adopted August 30, 2024.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by an officer. It doesn't inherently convey positive or negative sentiment, as it simply reports facts.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the buying and selling activities of company officers. It is a standard practice for publicly traded companies and their executives.

Stakeholder Impact

  • The transactions could have a minor impact on shareholders due to the change in ownership of shares.
  • The transactions could have a minor impact on employees due to the tax implications of the vesting of restricted stock units.

Key Dates

DateDescription
2024/08/3010b5-1 Plan adopted
2025/02/28Acquisition of Class A Common Stock upon vesting of Restricted Stock Units
2025/03/03Sale of Class A Common Stock to cover tax withholding obligations
2025/03/04Date of Form 4 signature

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