Form 4: NuScale Power Corp: Robert K. Temple Reports Stock Option Exercise and Sale

Sentiment:

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

DateDescription
March 1, 2018Option became exercisable for 25% of the shares.
March 1, 2021Option became fully exercisable.
February 14, 2028Expiration date of the Employee Stock Option.
September 20, 2024Date of stock option exercise and sale of shares.
September 24, 2024Date of signature on the Form 4 filing.

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