NuScale Power (NYSE: SMR) officer schedules new stock sale
Rhea-AI Filing Summary
NuScale Power Corp (SMR) received a notice that officer Robert R. Hamady plans to sell Class A shares under Rule 144. The notice covers 29,880 Class A shares, arising from restricted stock vesting treated as compensation on August 26, 2026. Fidelity Brokerage Services LLC is listed as the broker, with sales expected on the NYSE around August 27, 2026. The remarks state that part of the sale is intended to cover tax obligations from settlement of a vested equity award distribution. The filing also lists prior Class A sales by Hamady within the last three months.
Positive
- None.
Negative
- None.
Key Figures
Planned Class A shares to be sold: 29,880 shares
Aggregate market value of planned sale: $280,626.98
Shares sold on June 30, 2026: 20,000 shares
+3 more
6 metrics
Planned Class A shares to be sold
29,880 shares
Planned Rule 144 sale by officer Robert R. Hamady
Aggregate market value of planned sale
$280,626.98
Value of 29,880 Class A shares listed in the notice
Shares sold on June 30, 2026
20,000 shares
Class A sale by Robert R. Hamady during past 3 months
Proceeds from June 30, 2026 sale
$202,800.00
Sale of 20,000 Class A shares
Shares sold on August 17, 2026
20,000 shares
Class A sale by Robert R. Hamady during past 3 months
Proceeds from August 17, 2026 sale
$189,800.00
Sale of 20,000 Class A shares
Key Terms
Rule 144, Restricted Stock Vesting, equity award distribution
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Vesting financial
"Class A | 08/26/2026 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
equity award distribution financial
"tax obligation resulting from the settlement of a vested equity award distribution."
FAQ
What insider sale is disclosed for NuScale Power Corp (SMR) in this Form 144?
The notice states that officer Robert R. Hamady intends to sell 29,880 Class A shares of NuScale Power Corp under Rule 144, with the sale associated with restricted stock vesting treated as compensation on August 26, 2026.
Why is part of the NuScale Power (SMR) Form 144 sale being made?
The remarks explain that the sale includes an amount necessary to cover a tax obligation resulting from the settlement of a vested equity award distribution to Robert R. Hamady.
Who is the broker for the NuScale Power (SMR) Rule 144 sale?
The Form 144 lists Fidelity Brokerage Services LLC, located in Smithfield, Rhode Island, as the broker handling the planned sale of 29,880 Class A shares for Robert R. Hamady.
AI-generated analysis. How Rhea-AI works. Not financial advice.