Fluor-linked NuScale (SMR) holder eyes $185,120,914 Rule 144 share sale

Rhea-AI Filing Summary

NuScale Power received a Rule 144 notice for a planned sale of 12,936,472 shares of its Class A common stock through Citigroup Global Markets on the NYSE, with an aggregate market value of $185,120,914. Shares outstanding were 282,843,482 as of the notice. The seller acquired 110,936,472 Class A shares on 11/07/2025 via an exchange of Class B common units of NuScale Power, LLC. Over the prior three months, Fluor Corp sold 71,000,000 NuScale Class A shares for gross proceeds of $1,352,538,262.

Positive

• None.

Negative

• Substantial additional planned share sale: A holder filed to sell 12,936,472 NuScale Class A shares, following recent sales of 71,000,000 shares for $1,352,538,262, indicating continued large secondary selling pressure.

Insights

Equity capital markets analyst

Large shareholder plans another sizable NuScale share sale under Rule 144.

This notice outlines a proposed Rule 144 sale of 12,936,472 NuScale Class A shares, with an indicated market value of $185,120,914, to be executed on the NYSE through Citigroup Global Markets. The filing ties these shares to a prior exchange of Class B units for Class A stock.

The document also shows that Fluor Corp sold 71,000,000 NuScale Class A shares in the past three months for gross proceeds of $1,352,538,262. Taken together, these transactions point to substantial secondary selling activity by a major holder, which may weigh on supply-demand dynamics for the stock, though actual impact depends on execution and market absorption.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A Common Stock	Citigroup Global Markets Inc. 388 Greenwich Street New York NY 10013	12936472	185120914	282843482	02/17/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A Common Stock	11/07/2025	Pursuant to the exchange of Class B common units of NuScale Power, LLC	Issuer			110936472	11/07/2025	Exchange of Class B common units

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Fluor Corp 6700 Las Colinas Boulevard Irving TX 75039	Class A Common Stock	02/13/2026	71000000	1352538262

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the latest Form 144 filing mean for NuScale Power (SMR)?

The filing signals a planned sale of 12,936,472 NuScale Class A shares under Rule 144. These shares, worth $185,120,914 at the stated value, represent further potential secondary selling by a major holder, adding to supply in the market.

How many NuScale (SMR) shares are proposed to be sold in this Form 144?

The notice covers a proposed sale of 12,936,472 Class A common shares. The indicated aggregate market value is $185,120,914, with trades expected on the NYSE via Citigroup Global Markets, subject to Rule 144 conditions and actual execution decisions.

Who has recently sold NuScale Power (SMR) shares and how many?

The document shows Fluor Corp sold 71,000,000 NuScale Class A shares in the past three months. Those sales generated gross proceeds of $1,352,538,262, highlighting significant recent divestment activity by a major shareholder of NuScale Power.

How were the NuScale (SMR) shares in this Form 144 originally acquired?

The 110,936,472 Class A shares referenced were acquired on 11/07/2025. They came through an exchange of Class B common units of NuScale Power, LLC, converting those units into publicly tradable Class A common stock in the issuer.

What is NuScale Power’s share count context in this Form 144 filing?

The filing lists 282,843,482 NuScale Class A shares outstanding. Against that baseline, the planned 12,936,472-share sale represents a meaningful block, potentially affecting trading liquidity and ownership concentration depending on market absorption.

On which exchange and through which broker will NuScale (SMR) shares be sold?

The planned Rule 144 sale specifies the NYSE as the trading venue. Citigroup Global Markets Inc., based at 388 Greenwich Street in New York, is listed as the broker responsible for executing the proposed share transactions.