NuScale director granted 8,681 RSUs
BOECKMANN ALAN L reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
BOECKMANN ALAN L reported acquisition or exercise transactions in this Form 4 filing.
NuScale Power Corp director Alan L. Boeckmann reported a grant of 8,681 restricted stock units (RSUs) of Class A Common Stock. The award was granted on May 29, 2026 and vests quarterly in four equal installments over one year, starting on August 29, 2026.
Each RSU represents the right to receive one share of Class A Common Stock upon vesting. Under the company’s Deferred Compensation Plan for Non-Employee Directors, Boeckmann elected to defer the underlying shares and instead receive an equal number of phantom stock units, which will settle in shares of Class A Common Stock upon his separation from service. Following this award, he is shown as holding 85,348 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 8,681 shares
Grant/Award
1 txn
Insider
BOECKMANN ALAN L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 8,681 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 85,348 shares (Direct)
Footnotes (1)
- F1. The reporting person received an award of 8,681 restricted stock units on May 29, 2026, which vest quarterly in four equal installments over one year, with the first such vesting event occurring on August 29, 2026. Each restricted stock unit represents the right to receive one share of Class A Common Stock upon vesting. Pursuant to the issuer's Deferred Compensation Plan for Non-Employee Directors, the reporting person elected to defer receipt of the underlying shares of Class A Common Stock upon vesting of the restricted stock units and will instead receive an equal number of shares of phantom stock. Each share of phantom stock represents the right to receive one share of Class A Common Stock upon the reporting person's separation from service with the issuer.
Key Figures
RSUs granted: 8,681 units
Vesting schedule: 4 quarterly installments
Grant price: $0.00 per unit
+1 more
4 metrics
RSUs granted
8,681 units
Restricted stock units awarded on May 29, 2026
Vesting schedule
4 quarterly installments
Over one year starting August 29, 2026
Grant price
$0.00 per unit
Equity compensation, non-cash award
Shares after transaction
85,348 shares
Class A Common Stock held directly following award
Key Terms
restricted stock units, Deferred Compensation Plan for Non-Employee Directors, phantom stock, Class A Common Stock
4 terms
restricted stock units financial
"The reporting person received an award of 8,681 restricted stock units on May 29, 2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Deferred Compensation Plan for Non-Employee Directors financial
"Pursuant to the issuer's Deferred Compensation Plan for Non-Employee Directors, the reporting person elected to defer"
phantom stock financial
"will instead receive an equal number of shares of phantom stock"
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
Class A Common Stock financial
"Each restricted stock unit represents the right to receive one share of Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did NuScale Power (SMR) director Alan L. Boeckmann report?
Alan L. Boeckmann reported receiving an award of 8,681 restricted stock units of NuScale Power Class A Common Stock. The grant is compensation-related and carries a zero dollar price per unit, reflecting a non-cash equity award to a non-employee director.
How do the 8,681 RSUs granted to NuScale Power (SMR) director vest?
The 8,681 restricted stock units vest quarterly in four equal installments over one year. The first vesting event is scheduled for August 29, 2026, with subsequent quarterly vestings completing the award’s full vesting schedule over the following three quarters.
What does the phantom stock election mean for NuScale Power (SMR) director’s RSUs?
Instead of receiving shares as the RSUs vest, the director elected to receive phantom stock under NuScale Power’s Deferred Compensation Plan. Each phantom share represents a right to one share of Class A Common Stock, payable when he separates from service with the company.
Is the NuScale Power (SMR) director’s Form 4 transaction a market purchase or sale?
The reported Form 4 transaction is not an open-market trade. It is a grant or award acquisition of 8,681 restricted stock units at a stated price of $0.00 per share, reflecting equity compensation rather than a buy or sell decision.
AI-generated analysis. How Rhea-AI works. Not financial advice.
