Form 4: NuScale Power Director Kent Kresa Awarded 3,109 Restricted Stock Units

NuScale Power Corp. Director Kent Kresa received an award of 3,109 restricted stock units, aligning his interests with shareholder value.

Summary

• Kent Kresa, a Director of NuScale Power Corp. (SMR), was awarded 3,109 restricted stock units (RSUs) on May 28, 2025.
• Each restricted stock unit represents a right to receive one share of Class A Common Stock upon vesting.
• The RSUs will vest in four equal installments, with the first vesting date scheduled for August 28, 2025.
• Following this transaction, Kent Kresa beneficially owns 80,621 shares of Class A Common Stock indirectly through the Kent Kresa Trust, dated November 14, 2006.

Sentiment

Score: 7

Explanation: The award of restricted stock units to a director is a standard practice for aligning management and board interests with shareholder value, indicating ongoing commitment and a routine compensation event.

Positives

• The award of restricted stock units to a director helps align their long-term interests with those of the shareholders, promoting a focus on sustained company performance.
• This type of equity compensation is a standard practice for retaining and incentivizing key board members.

Future Outlook

The awarded restricted stock units will vest in four equal installments, with the first vesting occurring on August 28, 2025, and subsequent installments following thereafter.

Industry Context

This transaction is a routine equity compensation event for a director in a publicly traded company, common across various industries, including the energy and nuclear technology sector where NuScale Power operates. Such awards are designed to align the interests of board members with the long-term performance of the company.

Comparison to Industry Standards

• The award of restricted stock units as part of director compensation is a widely accepted practice across industries, including the energy and technology sectors, for attracting and retaining qualified board members.
• While specific compensation amounts vary by company size, industry, and individual director responsibilities, the mechanism of equity awards like RSUs is consistent with global benchmarks for corporate governance and executive/director incentive structures.

Stakeholder Impact

• Shareholders: The award of equity to a director strengthens the alignment of the director's financial interests with the long-term performance and value creation for shareholders.

Next Steps

• Vesting of the 3,109 restricted stock units in four equal installments, beginning on August 28, 2025.

Key Dates

Keywords

NuScale Power, SMR, Kent Kresa, Form 4, Restricted Stock Units, RSU, Director Compensation, Equity Award, Insider Transaction, Corporate Governance