NuScale Power (SMR) director Kent Kresa granted 8,681 RSUs and defers shares

Rhea-AI Filing Summary

NuScale Power director Kent Kresa reported an acquisition of 8,681 restricted stock units tied to Class A Common Stock, held indirectly through the Kent Kresa Trust. The award was granted at no cash cost and brings indirect holdings reported in this filing to 94,961 shares.

The 8,681 restricted stock units vest quarterly in four equal installments over one year, starting on August 29, 2026. Kresa has elected to defer receipt of the underlying shares and instead receive an equal number of phantom stock units, which settle in Class A shares upon his separation from service with NuScale Power.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider KRESA KENT

Role null

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

Holdings After Transaction: Class A Common Stock — 94,961 shares (Indirect, by Kent Kresa Trust, dated November 14, 2006)

Footnotes (1)

1. [object Object]

Key Figures

RSU award size: 8,681 units Award price per share: $0.0000 per unit Shares after transaction: 94,961 shares +1 more

4 metrics

RSU award size 8,681 units Restricted stock units granted on May 29, 2026

Award price per share $0.0000 per unit Compensation grant, not open-market purchase

Shares after transaction 94,961 shares Class A Common Stock held indirectly after award

Vesting schedule 4 quarterly installments over 1 year First vesting on August 29, 2026

Key Terms

restricted stock units, phantom stock, Deferred Compensation Plan for Non-Employee Directors, separation from service

4 terms

restricted stock units financial

"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.

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.

Deferred Compensation Plan for Non-Employee Directors financial

"Pursuant to the issuer's Deferred Compensation Plan for Non-Employee Directors"

separation from service financial

"upon the reporting person's separation from service with the issuer"

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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^*

KRESA KENT

(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	94,961	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. 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 Kent Kresa	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 Kent Kresa report?

Kent Kresa reported receiving an award of 8,681 restricted stock units. These units are tied to NuScale Power Class A Common Stock and increase his indirectly held position reported in this filing to 94,961 shares through the Kent Kresa Trust.

How many NuScale Power (SMR) shares does Kent Kresa hold after this Form 4?

After this transaction, the filing shows 94,961 shares of NuScale Power Class A Common Stock held indirectly. The shares are reported as owned by the Kent Kresa Trust, reflecting Kresa’s indirect ownership following the restricted stock unit award.

What are the terms of Kent Kresa’s 8,681 NuScale Power restricted stock units?

The 8,681 restricted stock units vest over one year in four equal quarterly installments. The first vesting date is August 29, 2026, and each vested unit represents the right to receive one share of NuScale Power Class A Common Stock.

Did Kent Kresa pay cash for the 8,681 NuScale Power RSUs reported on Form 4?

The Form 4 shows a price per share of $0.0000 for the 8,681 restricted stock units. This indicates a compensation-related award rather than an open-market purchase, with no cash outlay reported for acquiring these units.

How does NuScale Power (SMR) handle Kent Kresa’s deferred RSU shares?

Under NuScale Power’s Deferred Compensation Plan for Non-Employee Directors, Kresa elected to defer the underlying shares. Upon vesting, he receives phantom stock instead, which converts into an equal number of Class A shares upon his separation from service.

When will Kent Kresa ultimately receive NuScale Power shares from this RSU award?

The RSUs vest quarterly over one year starting August 29, 2026, but the filing states Kresa elected to receive phantom stock instead of shares at vesting. Those phantom stock units convert into Class A Common Stock when he separates from service with NuScale Power.