Form 4: NuScale Power Director Kent Kresa Acquires Shares in Lieu of Fees
SEC Form 4 Filing
Director Kent Kresa acquired 2,374 shares of NuScale Power Corp (SMR) on September 30, 2024, in lieu of quarterly director fees.
Summary
- On September 30, 2024, Kent Kresa, a director of NuScale Power Corp (SMR), acquired 2,374 shares of Class A Common Stock.
- The shares were granted in lieu of quarterly director fees.
- Following the transaction, Kresa directly owns no shares but indirectly owns 54,254 shares through the Kent Kresa Trust dated November 14, 2006.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a routine transaction.
Positives
- Director equity ownership aligns director interests with shareholder interests.
Industry Context
This is a routine disclosure related to director compensation and equity ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders by aligning director interests with company performance.
Key Dates
| Date | Description |
|---|---|
| November 14, 2006 | Date of the Kent Kresa Trust |
| September 30, 2024 | Date of the share acquisition by Kent Kresa |
| October 02, 2024 | Date of signature on the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.