[144] NuScale Power Corporation SEC Filing
Rhea-AI Filing Summary
Form 144 notice for NuScale Power Corporation (SMR) shows a proposed sale of 30,641 Class A shares through Fidelity Brokerage with an aggregate market value of $1,090,356.92, scheduled approximately 08/27/2025 on the NYSE. The shares were acquired on 08/26/2025 by restricted stock vesting from the issuer and were paid as compensation. The filer also reported a prior sale by Robert R. Hamady of 69,984 Class A shares on 05/30/2025 for $2,246,486.40. The notice includes the typical attestation that the seller is not aware of undisclosed material adverse information about the issuer.
Positive
- Acquisition method disclosed: Shares were acquired via restricted stock vesting on 08/26/2025, clarifying the source as compensation
- Compliance detail: Broker, planned sale date (08/27/2025), exchange (NYSE), and aggregate market value are provided
Negative
- Limited contextual details: The filer did not state their relationship to the issuer within this form
- No operational/financial data: The filing contains no issuer performance or material developments beyond the sale notice
Insights
TL;DR: Insider plans to sell newly vested restricted shares worth ~$1.09M; prior sale of ~70k shares realized ~$2.25M.
The filing documents a routine Rule 144 proposed sale: 30,641 Class A shares vested 08/26/2025 and are slated for sale via Fidelity on 08/27/2025 for an indicated market value of $1,090,356.92. The vesting origin and compensation payment are disclosed, reducing ambiguity about acquisition method. Historical sale by Robert R. Hamady on 05/30/2025 of 69,984 shares for $2,246,486.40 is noted. No additional issuer-specific operational or financial details are provided in this form.
TL;DR: Disclosure aligns with Rule 144 mechanics; attestation confirms no undisclosed material information.
The notice properly identifies brokerage, share count, acquisition date, and nature of acquisition (restricted stock vesting paid as compensation), which are key for compliance and market transparency. The seller's attestation that no material nonpublic information exists is included. The filing does not disclose the seller's relationship to the issuer or any insider status beyond the compensation source, so governance context is limited within this document.