Form 4: NuScale Power Corp: Robert K. Temple Reports Stock Option Exercise and Sale
SEC Form 4 Filing
Robert K. Temple, a retired officer of NuScale Power Corp, reports exercising stock options and selling shares of Class A Common Stock on September 20, 2024.
Summary
- On September 20, 2024, Robert K. Temple, a retired officer of NuScale Power Corp, exercised stock options to acquire 144,627 shares of Class A Common Stock at a price of $3.41 per share.
- Simultaneously, Temple sold 144,627 shares of Class A Common Stock at a price of $10.9 per share.
- Following these transactions, Temple directly owns 14,054 shares of Class A Common Stock.
- The exercised stock options were granted under an employee stock option plan and became fully exercisable on March 1, 2021.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment about the company's performance or future prospects.
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 insiders. It is a standard practice for publicly traded companies and their officers or directors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
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 the Employee Stock Option. |
| September 20, 2024 | Date of stock option exercise and sale of shares. |
| September 24, 2024 | Date of signature on the Form 4 filing. |
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