Form 4: NuScale Power Director Kent Kresa Acquires Shares in Lieu of Fees

Sentiment:

SEC Form 4 Filing


Director Kent Kresa acquired 1,942 shares of NuScale Power Corp Class A Common Stock on March 31, 2025, in lieu of quarterly director fees.

Summary

  • On March 31, 2025, Kent Kresa, a director of NuScale Power Corp, acquired 1,942 shares of Class A Common Stock.
  • The shares were granted in lieu of quarterly director fees at a price of $14.16 per share.
  • Following the transaction, Kresa beneficially owns 57,729 shares indirectly through the Kent Kresa Trust, dated November 14, 2006.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine transaction of a director receiving shares in lieu of fees. It indicates confidence but doesn't provide significant insight into the company's overall performance.

Positives

  • Director's acceptance of shares in lieu of fees demonstrates confidence in the company's stock.

Industry Context

Directors receiving stock in lieu of fees is a common practice, especially for companies looking to conserve cash. It aligns the director's interests with those of the shareholders.

Stakeholder Impact

  • The transaction could have a minor positive impact on shareholder sentiment as it demonstrates the director's confidence in the company.

Key Dates

DateDescription
November 14, 2006Date of the Kent Kresa Trust
March 31, 2025Date of the transaction where shares were acquired in lieu of director fees
April 02, 2025Date of signature on the SEC Form 4 filing

Keywords

NuScale Power, Director, Kent Kresa, Class A Common Stock, Director Fees, Beneficial Ownership, SEC Form 4

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