NuScale shareholders approve 2026 meeting proposals
NuScale Power Corporation reported the results of its 2026 annual shareholder meeting.
Accepted by SEC EDGAR
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Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
8-K
Rhea-AI Filing Summary
NuScale Power Corporation reported the results of its 2026 annual shareholder meeting. Stockholders elected all nominated directors, with most receiving over 114 million votes in favor, except two directors who received lower but still majority support.
Shareholders approved the company’s executive compensation on an advisory basis with 110,778,297 votes for, 4,203,069 against, and 849,062 abstentions. They also ratified Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026, with 193,580,105 votes for, 2,313,489 against, and 1,049,345 abstentions.
8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Executive compensation votes for: 110,778,297 votes
Executive compensation votes against: 4,203,069 votes
Auditor ratification votes for: 193,580,105 votes
+4 more
7 metrics
Executive compensation votes for
110,778,297 votes
Advisory say-on-pay approval at 2026 annual meeting
Executive compensation votes against
4,203,069 votes
Advisory say-on-pay at 2026 annual meeting
Auditor ratification votes for
193,580,105 votes
Ratification of Ernst & Young LLP for fiscal 2026
Auditor ratification votes against
2,313,489 votes
Ratification of Ernst & Young LLP for fiscal 2026
Auditor ratification abstentions
1,049,345 votes
Ratification of Ernst & Young LLP for fiscal 2026
Say-on-pay abstentions
849,062 votes
Advisory vote on executive compensation
Broker non-votes on proposals 1 and 2
81,112,511 votes
Director elections and executive compensation
Key Terms
Emerging growth company, broker non-votes, executive compensation, independent registered public accounting firm, +1 more
5 terms
Emerging growth company regulatory
"Emerging growth company Item 5.07 Submission of Matters"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
broker non-votes financial
"FOR | WITHHELD | BROKER NON-VOTES Alan L. Boeckmann"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
executive compensation financial
"2. To approve executive compensation."
Payments and benefits given to a company's top leaders — including base salary, cash bonuses, stock awards, options and retirement or perquisites — designed to compensate and motivate them. Investors care because these packages affect a company’s costs, influence executives’ decisions and signal how well management’s interests line up with shareholders’; like a captain’s contract, the structure of pay can encourage safe navigation toward long-term gains or risky short-term moves that hurt returns.
independent registered public accounting firm regulatory
"Ernst & Young, LLP as the Company’s independent registered public accounting firm"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
Annual Meeting regulatory
"The results of the votes on the three matters considered at the 2026 Annual Meeting"
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Were all NuScale Power (SMR) director nominees elected at the 2026 annual meeting?
All director nominees were elected. Most, including John L. Hopkins and Dale Klein, received over 114 million votes for, while others such as Stuart Harshaw and Kimberly O. Warnica received lower but still majority support. Broker non-votes totaled 81,112,511 for each director election item.
How many votes did NuScale Power (SMR) director nominee John L. Hopkins receive?
Director nominee John L. Hopkins received 114,366,736 votes for and 1,463,692 votes withheld, with 81,112,511 broker non-votes. These results show substantial shareholder backing for his election to the board at the 2026 annual meeting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
