Form 4: NuScale Power Director Receives Restricted Stock Units

NuScale Power Corp. reports that Director Alan L. Boeckmann was granted 8,681 restricted stock units on May 29, 2026, as part of the company's Deferred Compensation Plan for Non-Employee Directors.

Summary

• Alan L. Boeckmann, a Director at NuScale Power Corp., received an award of 8,681 restricted stock units (RSUs) on May 29, 2026.
• These RSUs are part of the company's Deferred Compensation Plan for Non-Employee Directors.
• The RSUs vest quarterly in four equal installments over one year, with the first vesting event scheduled for August 29, 2026.
• Each RSU represents the right to receive one share of Class A Common Stock upon vesting.
• Mr. Boeckmann elected to defer the receipt of the underlying Class A Common Stock upon vesting.
• Instead, he will receive an equal number of phantom stock shares, each representing the right to one share of Class A Common Stock upon his separation from service with the issuer.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, as it reports on standard director compensation and equity awards rather than significant financial or strategic developments.

Positives

• Director compensation through equity awards can align management interests with shareholder value.
• The phased vesting schedule over one year encourages continued service and commitment from the director.

Negatives

• The filing does not contain any negative financial or operational information.

Risks

• The value of the restricted stock units and phantom stock is subject to the future performance and stock price of NuScale Power Corp.
• The phantom stock is contingent on the reporting person's separation from service, introducing a potential timing risk for the ultimate receipt of shares.

Future Outlook

The future outlook for the value of the awarded securities depends on the company's performance and stock price. The phantom stock will be realized upon the reporting person's separation from service.

Industry Context

StockSavvy.ai notes that equity-based compensation, such as restricted stock units and phantom stock, is a common practice in the energy technology sector to attract and retain key leadership talent and align their incentives with long-term company success.

Stakeholder Impact

• Shareholders: The equity award aligns director incentives with shareholder interests, potentially promoting long-term value creation. The dilutive effect of future share issuance upon vesting is minimal given the number of shares awarded.

Next Steps

• Quarterly vesting of restricted stock units, starting August 29, 2026.
• Potential realization of phantom stock upon Alan L. Boeckmann's separation from service.

Key Dates

Keywords

NuScale Power, SMR, Form 4, Restricted Stock Units, Director Compensation, Equity Award, Deferred Compensation Plan, Phantom Stock, Insider Trading