NuScale Power (NYSE: SMR) director may sell 20,000 shares

Rhea-AI Filing Summary

NUSCALE POWER Corp (SMR) received a notice under Rule 144 for a potential sale of its Class A common stock by director Shinji Fujino. The notice covers 20,000 Class A shares, with an aggregate market value of $177,171.75, to be sold through Fidelity Brokerage Services LLC on the NYSE.

The filing also lists multiple prior Restricted Stock Vesting events between August 2023 and August 2024, where Class A shares (ranging from 841 to 3,530 per vesting date, including 2,516 shares on August 28, 2024) were acquired from the issuer as compensation.

Key Figures

Shares covered by Form 144: 20,000 shares Aggregate market value of shares: $177,171.75 Restricted Stock Vesting on 08/26/2023: 3,530 shares +3 more

6 metrics

Shares covered by Form 144 20,000 shares Class A common stock proposed for sale under Rule 144

Aggregate market value of shares $177,171.75 Aggregate market value of the 20,000 Class A shares covered

Restricted Stock Vesting on 08/26/2023 3,530 shares Class A shares vested from issuer as compensation

Restricted Stock Vesting on 09/01/2023 841 shares Class A shares vested from issuer as compensation

Restricted Stock Vesting on 05/26/2024 3,530 shares Class A shares vested from issuer as compensation

Restricted Stock Vesting on 08/28/2024 2,516 shares Class A shares vested from issuer as compensation

Key Terms

Rule 144, Restricted Stock Vesting, attorney-in-fact

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 | 08/26/2023 | 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.

attorney-in-fact regulatory

"as attorney-in-fact for Shinji Fujino"

An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

What does the Form 144 filing mean for NUSCALE POWER Corp (SMR)?

The Form 144 notice indicates that director Shinji Fujino may sell up to 20,000 Class A shares of NUSCALE POWER Corp under Rule 144, through Fidelity Brokerage Services LLC. It is a disclosure of potential sales, not confirmation that sales have occurred.

How many SMR shares are covered by Shinji Fujino’s Form 144?

The Form 144 covers 20,000 Class A shares of SMR, with an aggregate market value of $177,171.75. This figure reflects the number of shares that may be sold pursuant to Rule 144, subject to applicable volume and other regulatory limits.

What type of SMR securities are involved in this Form 144 notice?

The notice involves Class A common stock of NUSCALE POWER Corp, listed on the NYSE. The shares are planned to be sold through Fidelity Brokerage Services LLC, the broker identified in the filing for executing any potential transactions.

Who is the insider selling SMR shares in this Form 144 filing?

The potential seller is Shinji Fujino, identified as a director of NUSCALE POWER Corp. Fidelity Brokerage Services LLC is acting as the broker, with the filing signed by Daniel Tucci as attorney-in-fact for Shinji Fujino.

What do the Restricted Stock Vesting entries mean in the SMR Form 144?

The entries show prior Restricted Stock Vesting compensation events where Class A shares were delivered by the issuer. Vestings include 3,530 shares on several dates and 841 shares on others, plus 2,516 shares on August 28, 2024, all categorized as Compensation.

Which broker is handling the potential sale of SMR shares under this Form 144?

The broker is Fidelity Brokerage Services LLC, located at 900 Salem Street, Smithfield, RI 02917. Any Rule 144 sales of the 20,000 Class A shares covered by this notice would be executed through this brokerage firm on the NYSE.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/18/2026 - 11:34 AM Accepted by SEC EDGAR 08/18/2026 - 11:33 AM Learn about SEC filing dates

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	0001957490
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	NUSCALE POWER Corp
SEC File Number	001-39736
Address of Issuer	1100 NE CIRCLE BLVD., SUITE 350 CORVALLIS OREGON 97330
Phone	(971) 371-1592
Name of Person for Whose Account the Securities are To Be Sold	Fujino Shinji
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	Director

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	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	20000	177171.75	410389522	08/18/2026	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	08/26/2023	Restricted Stock Vesting	Issuer			3530	08/26/2023	Compensation
Class A	09/01/2023	Restricted Stock Vesting	Issuer			841	09/01/2023	Compensation
Class A	11/26/2023	Restricted Stock Vesting	Issuer			3530	11/26/2023	Compensation
Class A	12/01/2023	Restricted Stock Vesting	Issuer			841	12/01/2023	Compensation
Class A	02/26/2024	Restricted Stock Vesting	Issuer			3530	02/26/2024	Compensation
Class A	03/01/2024	Restricted Stock Vesting	Issuer			841	03/01/2024	Compensation
Class A	05/26/2024	Restricted Stock Vesting	Issuer			3530	05/26/2024	Compensation
Class A	06/01/2024	Restricted Stock Vesting	Issuer			841	06/01/2024	Compensation
Class A	08/28/2024	Restricted Stock Vesting	Issuer			2516	08/28/2024	Compensation

* 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

Nothing to Report

144: Remarks and Signature

Remarks
Date of Notice	08/18/2026
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	/s/ Daniel Tucci, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Shinji Fujino
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)