Form 4: NuScale Power Grants Chief Legal Officer Restricted Stock Units

NuScale Power Corp. has granted its Chief Legal Officer, Shahram Ghasemian, 21,486 restricted stock units, vesting over three years.

Summary

• Shahram Ghasemian, Chief Legal Officer of NuScale Power Corp. (SMR), was granted 21,486 restricted stock units (RSUs).
• The grant date for these RSUs was June 30, 2025.
• The RSUs will vest annually in three equal installments, starting on the first anniversary of the grant date.
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities, intended to satisfy Rule 10b5-1(c).

Sentiment

Score: 7

Explanation: The grant of restricted stock units to a key executive is generally viewed positively as it aligns management's interests with long-term shareholder value, indicating confidence in the company's future.

Positives

• Grant of 21,486 restricted stock units to the Chief Legal Officer, Shahram Ghasemian, aligns management incentives with shareholder interests.
• The vesting schedule over three years encourages long-term commitment and performance from the executive.

Negatives

• NA

Risks

• NA

Future Outlook

The vesting schedule indicates future equity ownership for the Chief Legal Officer over the next three years, aligning executive incentives with long-term company performance.

Management Comments

• NA

Industry Context

The grant of restricted stock units to key executives is a common practice in the energy and technology sectors, including the small modular reactor (SMR) industry, to attract, retain, and incentivize talent by aligning their interests with long-term company performance and shareholder value.

Comparison to Industry Standards

• The grant of restricted stock units to a Chief Legal Officer is a standard component of executive compensation packages across various industries, including the energy and nuclear technology sectors.
• Such equity awards are typically designed to align executive incentives with long-term shareholder value creation, a practice consistent with corporate governance best practices observed in companies like General Electric (GE) in its energy divisions or Westinghouse Electric Company.
• The vesting schedule over three years is also a common industry standard for executive equity grants, promoting retention and sustained performance.

Management Changes

Corporate Governance

Legal Proceedings

• NA

Related Party Transactions

• NA

Stakeholder Impact

• Shareholders: Potential positive impact due to increased alignment of executive interests with long-term company performance.
• Employees: No direct impact mentioned, but executive compensation practices can influence overall company culture and morale.

Next Steps

• Annual vesting of the 21,486 restricted stock units in three equal installments, beginning on June 30, 2026.

Key Dates

Recommendation

Keywords

NuScale Power, SMR, Shahram Ghasemian, Restricted Stock Units, RSU, Equity Grant, Executive Compensation, Form 4, Insider Transaction