NuScale Power Corporation SEC Filings

Jose N. Reyes Jr., Chief Technology Officer of NuScale Power Corporation (SMR), reported option exercises and offsetting sales under a pre-existing trading plan. On 07/01/2025 he exercised 33,000 employee stock options at an exercise price of $3.41, resulting in beneficial ownership of 253,630 Class A shares held indirectly via the Jose N. Reyes, Jr. Trust (dated August 2, 2021). On the same date the filing shows a sale of 33,000 shares executed under a Rule 10b5-1 plan at a weighted average price of $36.6214. A parallel pair of transactions is reported for 10/01/2025 with another 33,000 option exercise at $3.41 and a weighted-average sale price of $36.4989. The filing discloses that the reported sales were effected under the trading plan adopted on 11/13/2024.

On September 30, 2025 director Kent Kresa was granted 1,262 shares of Class A Common Stock of NuScale Power Corp (SMR) in lieu of quarterly director fees. The reported transaction shows a price of $36 and, following the grant, the reporting person beneficially owned 82,578 shares indirectly through the Kent Kresa Trust dated November 14, 2006. The Form 4 was filed on the form and signed by Patrick C. Cannon as attorney-in-fact on October 2, 2025. The filing is a routine disclosure of director compensation and trust-held beneficial ownership.

Alan L. Boeckmann, a director of NuScale Power Corp (SMR), was granted 1,010 shares of Class A Common Stock on 09/30/2025 as payment in lieu of quarterly director fees. The reported transaction lists a price of $36 and shows the reporting person owning 74,060 shares following the grant. The Form 4 was filed as an individual report and signed by an attorney-in-fact on 10/02/2025. The filing states the grant was in lieu of cash director fees and provides no additional financial context or related compensation totals.

Fluor Corporation and affiliates amended their Schedule 13D to report changes in their holdings of NuScale Power Corporation Class A common stock. Fluor Enterprises exchanged 15,000,000 Class B units (and cancelled 15,000,000 Class B shares) for 15,000,000 Class A shares under an Exchange and Lock-Up Agreement, then began permitted sales of Class A shares on September 16, 2025. As of this filing, Fluor Enterprises is the record owner of 3,424,278 Class A shares and 110,936,472 Class B shares, and NuScale Holdings owns 463,747 Class B shares. The reporting persons collectively beneficially own 114,824,497 shares, representing 40.3% of the combined outstanding Class A and Class B stock, with the filing noting that beneficial ownership has declined and may decline further as sales continue under the agreement.

NuScale Power Corp (SMR) filed a Form 144 notice reporting a proposed sale of 33,000 Class A shares through Fidelity Brokerage Services (900 Salem Street, Smithfield, RI) to be sold on or about 10/01/2025. The filing lists an aggregate market value of $1,204,463.70 based on 133,893,376 shares outstanding. The securities reported were acquired as options granted 02/14/2018 and the acquisition and payment dates are shown as 10/01/2025 with payment in cash.

The document also lists a prior sale on 07/01/2025 of 33,000 Class A shares by Jose Reyes Jr. with gross proceeds of $1,287,000.00. The filer attests there is no undisclosed material adverse information and the notice includes the standard Rule 144 representations.

Fluor Corporation and affiliates amended their Schedule 13D to report changes in holdings of NuScale Power Corporation Class A common stock. The filing shows the Reporting Persons collectively beneficially own 119,290,806 shares, representing 41.9% of the Class A shares outstanding on the stated record basis. Fluor Enterprises exchanged 15,000,000 Class B units for 15,000,000 Class A shares in August 2025 and began permitted sales of Class A shares on September 16, 2025 under an Exchange and Lock-Up Agreement. Those sales have reduced the Reporting Persons' percentage ownership and may continue as allowed by the agreement.

Fluor Corporation reported a series of open-market sales of NuScale Power Corp (SMR) Class A common stock by its wholly owned subsidiary, Fluor Enterprises, Inc., between 09/19/2025 and 09/23/2025. The Form 4 shows 17 separate disposals totaling 4,567,320 shares, with individual sale prices reported as weighted averages across price ranges from about $39.21 to $47.25. Following the reported transactions, Fluor's beneficial ownership of SMR Class A shares is shown as 7,890,587 shares held indirectly. The filing is signed by Kevin B. Hammonds, Executive Vice President and Chief Legal Officer, on behalf of the reporting person.

Fluor Corporation filed a Form 4 reporting multiple open-market sales of NuScale Power Corp (SMR) Class A common stock by Fluor Enterprises, a wholly owned Fluor subsidiary. Sales occurred on September 16–18, 2025, totaling 2,541,556 shares sold across ten transactions at weighted average prices ranging from $35.86 to $40.59 per share. After the reported sales, Fluor Enterprises' beneficial ownership decreased from 14,235,016 shares to 12,457,907 shares (indirect ownership). The Form 4 discloses weighted-average prices and notes that further breakdowns by transaction price are available on request.