[Form 4] NuScale Power Corporation Insider Trading Activity

Rhea-AI Filing Summary

NuScale Power Corp. (SMR) filed a Form 4 indicating that director Kent Kresa received 695 Class A common shares on 30 June 2025. The shares were issued in lieu of quarterly director fees, so the transaction represents compensation rather than an open-market purchase. After the grant, Kresa’s trust now holds 81,316 shares indirectly. The form lists the transaction code “A” (acquisition) and records a reference price of $39.56 per share, but because the award is fee-related, the cash outlay to the insider is zero. No derivative securities were involved, and there is no indication of additional sales or purchases. The filing is routine and does not alter NuScale’s capital structure or provide new financial guidance.

Insights

Financial Analyst

TL;DR: Routine director fee grant; neutral signal, minimal market impact.

This Form 4 discloses a small equity award to director Kent Kresa. The 695-share grant is immaterial relative to NuScale’s public float and to Kresa’s existing 81 k-share position. Because it is part of the company’s standard director-compensation program and not an open-market purchase, it offers little incremental information about insider sentiment. There are no derivatives, no sales, and no change in the board member’s indirect ownership structure beyond additional shares flowing into an established trust. From a valuation or liquidity perspective, the event is non-impactful. Rating: neutral.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

KRESA KENT

(Last) (First) (Middle)

1100 NE CIRCLE BLVD.

SUITE 200

(Street)

CORVALLIS OR 97330

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NUSCALE POWER Corp [ SMR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	06/30/2025		A		695(1)	A	$39.56	81,316	I	by Kent Kresa Trust, dated November 14, 2006

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. On June 30, 2025, the reporting person was granted 695 shares of Class A Common Stock in lieu of quarterly director fees.

Remarks:

	Patrick C. Cannon, attorney-in-fact for Kent Kresa	07/02/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many NuScale (SMR) shares did Kent Kresa acquire on 06/30/2025?

695 Class A common shares were granted to the director.

What is Kent Kresa’s total indirect ownership in SMR after the transaction?

Following the grant, the trust now holds 81,316 shares.

Was cash paid for the SMR shares disclosed in the Form 4?

No. The shares were issued in lieu of director fees, so no cash was exchanged.

Did the Form 4 report any sales or derivative transactions?

No; it only reports an acquisition of common stock and lists no derivatives.

Does this insider transaction materially affect NuScale’s share count?

The award is immaterial to the overall share count and has negligible dilution impact.