NuScale Power CFO sells 29,880 shares at $9.39
NUSCALE POWER Corp (SMR) reports that Chief Financial Officer Robert Ramsey Hamady exercised 76,923 restricted stock units into the same number of shares of Class A Common Stock on August 26, 2026, at a stated price of $0.00 per share.
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Rhea-AI Filing Summary
NUSCALE POWER Corp (SMR) reports that Chief Financial Officer Robert Ramsey Hamady exercised 76,923 restricted stock units into the same number of shares of Class A Common Stock on August 26, 2026, at a stated price of $0.00 per share. On August 27, 2026, he sold 29,880 Class A shares at $9.392 per share in open-market or private transactions. According to the company’s disclosure, these sales were executed under a "sell to cover" arrangement to satisfy tax withholding obligations arising from the RSU vesting and settlement.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1 | 29,880 | $9.392 | $281K |
| Exercise | Restricted Stock Unit F2, F3 | 76,923 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 76,923 | $0.00 | $0.00 |
Footnotes (3)
- F1. The sales reported on this Form 4 represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction.
- F2. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- F3. On August 26, 2023, the reporting person was granted 230,769 restricted stock units to vest annually in three installments beginning on August 26, 2024.
Key Figures
Key Terms
restricted stock unit financial
sell to cover financial
contingent right financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transactions did SMR CFO Robert Ramsey Hamady report on this Form 4?
How many restricted stock units did the SMR CFO have vest in this Form 4?
What was the original SMR RSU grant to the CFO referenced in this filing?
Were the SMR CFO’s reported transactions under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.