Form 4: NuScale Power Director Kent Kresa Acquires Shares Through Trust
SEC Form 4 Filing
Director Kent Kresa reports acquisition of NuScale Power Class A Common Stock through a trust.
Summary
- On May 13, 2025, Kent Kresa, a director of NuScale Power Corp, acquired 19,783 shares of Class A Common Stock at $0 per share.
- These shares were acquired indirectly through the Kent Kresa Trust, dated November 14, 2006.
- Following the transaction, the trust beneficially owns 77,512 shares of Class A Common Stock.
- Kresa also acquired 19,783 Paired Interests, consisting of Class B Units and Class B Common Stock, at a price of $0.
- These Paired Interests are directly owned and convertible into Class A Common Stock on a one-for-one basis.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a standard Form 4 filing indicating a director's stock acquisition. The acquisition itself could be seen as slightly positive, but the filing is primarily informational.
Positives
- A director's increased stake in the company may signal confidence in NuScale Power's future prospects.
Industry Context
This filing reflects insider activity, which is a common occurrence in publicly traded companies. Monitoring such filings can provide insights into management's sentiment and confidence in the company's prospects.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment if interpreted as a sign of confidence from a company director.
Key Dates
| Date | Description |
|---|---|
| November 14, 2006 | Date of the Kent Kresa Trust |
| May 13, 2025 | Date of the transaction: acquisition of Class A Common Stock and Paired Interests |
| May 15, 2025 | Date of signature for the Form 4 filing |
Keywords
NuScale Power, Director, Kent Kresa, Class A Common Stock, Beneficial Ownership, Form 4, Insider Trading, Paired Interests, Class B Units, Class B Common Stock
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