SMR.NYSENuscale Power CORP

Form 4: NuScale Power Corp: Robert K. Temple Reports Sale of Shares and Exercise of Stock Options

Sentiment:

SEC Form 4

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Robert K. Temple, a former officer of NuScale Power Corp, reports the sale of 127,920 shares of Class A Common Stock and the exercise of employee stock options.

Summary

  • On October 16, 2024, Robert K. Temple, a retired officer of NuScale Power Corp, exercised options to acquire 115,866 shares of Class A Common Stock at a price of $6.41 per share.
  • On the same day, Mr. Temple sold 115,866 shares of Class A Common Stock at a weighted average price of $18.2, and an additional 12,054 shares on October 17, 2024, at a weighted average price of $19.1417.
  • Following these transactions, Mr. Temple beneficially owns 14,054 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of insider trading activity. The sentiment is neither positive nor negative as it simply reflects transactions.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions. It provides transparency into the trading activities of company insiders, which can be of interest to investors.

Stakeholder Impact

  • The sale of shares by a company insider could be perceived negatively by some shareholders, potentially creating selling pressure.

Key Dates

DateDescription
04/01/2021Employee stock option became exercisable for 25% of the shares.
04/01/2024Employee stock option became fully exercisable.
10/16/2024Robert K. Temple exercised stock options and sold shares.
10/17/2024Robert K. Temple sold additional shares.
10/18/2024Date of the report.
03/31/2031Expiration date of the employee stock option.

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