NuScale Power (NYSE: SMR) director awarded 8,681 restricted stock units

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.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider BOECKMANN ALAN L

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	8,681	$0.00	--

Holdings After Transaction: Class A Common Stock — 85,348 shares (Direct, null)

Footnotes (1)

1. [object Object]

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.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

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
Estimated average burden
hours per response:			0.5

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^*

BOECKMANN ALAN L

(Last) (First) (Middle)

1100 NE CIRCLE BLVD., SUITE 350

(Street)

CORVALLIS OREGON 97330

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026

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

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

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

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	05/29/2026		A		8,681(1)	A	$0	85,348	D

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. 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.

Remarks:

	Patrick C. Cannon, attorney-in-fact for Alan L. Boeckmann	06/02/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

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.

How many NuScale Power (SMR) shares does the director hold after this RSU award?

After the reported transaction, the director is shown holding 85,348 shares of NuScale Power Class A Common Stock directly. This figure reflects his reported direct ownership following the equity award transaction disclosed in the Form 4 filing.