Form 4: NuScale Power Director Alan Boeckmann Receives Restricted Stock Units

Director Alan L. Boeckmann of NuScale Power Corp. received 11,603 restricted stock units on May 28, 2024, which vest in quarterly installments.

Summary

• Alan L. Boeckmann, a director of NuScale Power Corp., received 11,603 restricted stock units on May 28, 2024.
• These restricted stock units vest in four equal quarterly installments, starting on August 28, 2024.
• Each restricted stock unit represents the right to receive one share of Class A Common Stock upon vesting.
• Following the transaction, Boeckmann beneficially owns 61,350 shares of Class A Common Stock directly.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices, aligning director interests with shareholders.

Positives

• The grant of restricted stock units to a director aligns their interests with those of the shareholders.
• The vesting schedule encourages continued service and contribution to the company.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure of stock-based compensation for a company director, which is a common practice in publicly traded companies to incentivize and retain key personnel.

Stakeholder Impact

• Shareholders: The grant of restricted stock units aligns the director's interests with those of the shareholders.
• Employees: The grant of restricted stock units to a director can boost employee morale.

Key Dates