Form 4: NuScale Power Director Alan L. Boeckmann Acquires Shares in Lieu of Fees
SEC Form 4 Filing
Alan L. Boeckmann, a director at NuScale Power Corp, acquired 2,409 shares of Class A Common Stock on March 31, 2025, in lieu of quarterly director fees.
Summary
- On March 31, 2025, Alan L. Boeckmann, a director of NuScale Power Corp, acquired 2,409 shares of Class A Common Stock.
- The shares were granted in lieu of quarterly director fees.
- The price of the stock was $14.16 per share.
- Following the transaction, Boeckmann directly owns 69,022 shares of Class A Common Stock.
Sentiment
Score: 6
Explanation: Neutral sentiment as it reflects a routine transaction. The director taking shares instead of cash is a mildly positive signal.
Positives
- Director's acceptance of shares in lieu of fees demonstrates confidence in the company's value.
Industry Context
Directors receiving stock in lieu of fees is a common practice, especially in growth-oriented companies, to conserve cash and align director interests with shareholder value.
Related Party Transactions
- The grant of shares to Alan L. Boeckmann in lieu of director fees constitutes a related party transaction.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it conserves company cash.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of transaction: Alan L. Boeckmann acquired 2,409 shares of Class A Common Stock in lieu of quarterly director fees. |
| 04/02/2025 | Date of signature on the Form 4 filing. |
Keywords
NuScale Power, Director, Share Acquisition, Class A Common Stock, Form 4, Boeckmann, Director Fees
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