Form 4: NuScale Power Director Alan L. Boeckmann Receives Restricted Stock Units in Lieu of Fees

Director Alan L. Boeckmann received 1,978 restricted stock units in lieu of director fees, vesting on the first anniversary of the grant date.

Summary

• Alan L. Boeckmann, a director of NuScale Power Corp, reported a transaction on June 30, 2024.
• Boeckmann acquired 1,978 shares of Class A Common Stock.
• These shares were granted as restricted stock units in lieu of director fees.
• The restricted stock units will vest on the first anniversary of the grant date.
• Following the transaction, Boeckmann beneficially owns 63,328 shares of Class A Common Stock directly.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard compensation practices and insider confidence.

Positives

• The acceptance of restricted stock units in lieu of cash compensation by a director demonstrates confidence in the company's future performance.

Future Outlook

The restricted stock units will vest on the first anniversary of the grant date.

Industry Context

This filing is a routine disclosure related to insider transactions, common for publicly traded companies. It provides transparency into the compensation structure for NuScale Power's directors.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director compensation with company performance.

Key Dates