Form 4: NuScale Power Director Alan Boeckmann Acquires Shares in Lieu of Fees

NuScale Power Director Alan L. Boeckmann acquired 919 shares of Class A Common Stock on June 30, 2025, as compensation for quarterly director fees.

Summary

• Alan L. Boeckmann, a Director of NuScale Power Corp (SMR), acquired 919 shares of Class A Common Stock.
• The transaction occurred on June 30, 2025.
• The shares were granted at a price of $39.56 per share.
• This acquisition was in lieu of quarterly director fees.
• Following this transaction, Alan L. Boeckmann directly beneficially owns 73,050 shares of Class A Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. While a Form 4 is a factual report, a director accepting shares in lieu of cash can be interpreted as a positive signal of confidence in the company's future.

Positives

• A director accepting shares in lieu of cash fees can signal confidence in the company's future performance and alignment with shareholder interests.

Future Outlook

This Form 4 filing does not contain forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This Form 4 filing reports an insider transaction, which is a routine disclosure for publicly traded companies. It reflects a director's compensation structure involving equity, a common practice across various industries to align management incentives with shareholder value. It does not provide broader industry trends or competitive analysis.

Comparison to Industry Standards

• The practice of compensating directors with equity, such as stock grants in lieu of cash fees, is a common corporate governance practice across industries, including the energy and technology sectors where NuScale Power operates.
• This aligns director interests with long-term shareholder value.
• Specific comparable companies or projects are not mentioned in this filing, as it focuses solely on an individual's transaction.

Corporate Governance

Related Party Transactions

• Alan L. Boeckmann, a Director of NuScale Power Corp, received 919 shares of Class A Common Stock as compensation for quarterly director fees. This is a transaction between the company and a related party (an insider).

Stakeholder Impact

• Shareholders: The transaction indicates a director's continued investment in the company, potentially signaling confidence. The use of stock for compensation can dilute existing shares over time, but also aligns director interests with shareholder value.
• Management/Directors: The transaction reflects the compensation structure for directors, where equity is used as part of their remuneration.

Next Steps

• This Form 4 filing does not outline specific future actions, events, or milestones beyond the reported transaction.

Key Dates

Recommendation

Keywords

NuScale Power, SMR, Form 4, Insider Trading, Director Compensation, Stock Grant, Equity Acquisition, Alan L. Boeckmann, Class A Common Stock