NuScale Power (SMR) CLO granted 85,603 restricted stock units in equity award

Rhea-AI Filing Summary

NuScale Power Corp reported that Chief Legal Officer and Secretary William J. Cooper acquired 85,603 restricted stock units (RSUs) as an equity award. The RSUs convert into Class A common stock on a one-for-one basis and vest in three equal annual installments starting on the first anniversary of the February 28, 2026 grant date.

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

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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^*

Cooper William J.

(Last) (First) (Middle)

1100 NE CIRCLE BLVD., SUITE 350

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal Officer/ Secretary

3. Date of Earliest Transaction (Month/Day/Year)
02/28/2026

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

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
Restricted Stock Unit	(1)	02/28/2026		A		85,603		(2)	(2)	Class A Common Stock	85,603	$0	85,603	D

Explanation of Responses:

1. Restricted stock units convert into Class A Common Stock on a one-for-one basis.

2. On February 28, 2026, the reporting person was granted 85,603 restricted stock units vesting annually in three equal installments beginning on the first anniversary of the grant date.

Remarks:

	Patrick C. Cannon, attorney-in-fact for William J. Cooper	03/03/2026
	** 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

What did NuScale Power (SMR) disclose about William J. Cooper in this Form 4?

NuScale Power disclosed that Chief Legal Officer and Secretary William J. Cooper received 85,603 restricted stock units as an equity award. These RSUs were granted on February 28, 2026 and represent a form of stock-based compensation tied to future vesting.

How many restricted stock units did SMR’s William J. Cooper receive?

William J. Cooper received 85,603 restricted stock units from NuScale Power. This entire amount was granted on February 28, 2026, and reflects a single equity award recorded as an acquisition transaction under Form 4 reporting rules for company insiders.

How do the restricted stock units for SMR’s Cooper convert into shares?

The restricted stock units granted to William J. Cooper convert into NuScale Power Class A common stock on a one-for-one basis. Each RSU will become one share of Class A common stock once the applicable vesting conditions for that unit are satisfied over time.

What is the vesting schedule of the 85,603 RSUs granted by NuScale Power?

The 85,603 restricted stock units granted to William J. Cooper vest in three equal annual installments. Vesting begins on the first anniversary of the February 28, 2026 grant date, meaning one-third of the award becomes vested each year over a three-year period.

Did William J. Cooper buy or sell NuScale Power (SMR) shares on the open market?

The Form 4 reports an acquisition coded as a grant or award of restricted stock units, not an open-market trade. The transaction price per unit is recorded as zero, indicating it is a compensation grant rather than a purchase or sale of existing shares.

How many NuScale Power RSUs does William J. Cooper hold after this transaction?

After this equity award, William J. Cooper is reported as directly holding 85,603 restricted stock units. This total reflects the newly granted RSUs and is shown as the number of derivative securities beneficially owned following the reported February 28, 2026 transaction.