Fluor Corp (SMR) affiliate offloads 463,747 NuScale Power shares in open-market sale

Rhea-AI Filing Summary

NuScale Power investor Fluor Corporation, through affiliated entity NuScale Holdings Corp., reported an open-market sale of 463,747 shares of NuScale Class A Common Stock. The weighted average sale price was $13.1466 per share, with individual trades executed between $12.78 and $13.451.

After this transaction, 39,936,472 shares of NuScale Class A Common Stock are reported as beneficially owned by Fluor Enterprises, Inc., a wholly owned subsidiary of Fluor Corporation. Fluor has committed to provide full detail of the shares sold at each price within the disclosed range upon request.

Insider Trade Summary

Net Seller: 463,747 shares ($6,096,696)

Net Sell 1 txn

Insider FLUOR CORP

Role Director, 10% Owner

Sold 463,747 shs ($6.10M)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	463,747	$13.1466	$6.10M

Holdings After Transaction: Class A Common Stock — 39,936,472 shares (Indirect, See footnote)

Footnotes (1)

1. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $12.78 to $13.451, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. 39,936,472 shares of Class A Common Stock are beneficially owned by Fluor Enterprises, Inc., which is a wholly owned subsidiary of Fluor Corporation, whose principal place of business if 6700 Las Colinas Boulevard, Irving, Texas 75039. The 463,747 shares of Class A Common Stock included in the transaction reported on this form were beneficially owned by NuScale Holdings Corp., which is majority owned by Fluor Enterprises, Inc.

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^*

FLUOR CORP

(Last) (First) (Middle)

6700 LAS COLINAS BLVD.

(Street)

IRVING TX 75039

(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)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026

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
Class A Common Stock	02/26/2026		S		463,747	D	$13.1466(1)	39,936,472	I	See footnote(2)

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 price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $12.78 to $13.451, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

2. 39,936,472 shares of Class A Common Stock are beneficially owned by Fluor Enterprises, Inc., which is a wholly owned subsidiary of Fluor Corporation, whose principal place of business if 6700 Las Colinas Boulevard, Irving, Texas 75039. The 463,747 shares of Class A Common Stock included in the transaction reported on this form were beneficially owned by NuScale Holdings Corp., which is majority owned by Fluor Enterprises, Inc.

Remarks:

	/s/ Kevin B. Hammonds, Chief Legal Officer and Corporate Secretary	03/02/2026
	** 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.

FAQ

How many NuScale Power (SMR) shares were sold by the Fluor-affiliated entity?

The Fluor-affiliated entity NuScale Holdings Corp. sold 463,747 shares of NuScale Power Class A Common Stock. These shares were sold in an open-market transaction, as reported in the Form 4 insider filing for Fluor Corporation.

What price did the Fluor-related entity receive for NuScale Power (SMR) shares?

The reported weighted average sale price was $13.1466 per share. Individual trades occurred at prices ranging from $12.78 to $13.451, and Fluor has stated it will provide full breakdowns by price level upon request.

How many NuScale Power (SMR) shares does Fluor report beneficially owning after the sale?

Following the reported sale, 39,936,472 shares of NuScale Class A Common Stock are beneficially owned by Fluor Enterprises, Inc.. Fluor Enterprises is a wholly owned subsidiary of Fluor Corporation, which is the reporting person on the Form 4.

Which entity actually held the NuScale Power (SMR) shares sold in this transaction?

The 463,747 shares sold were beneficially owned by NuScale Holdings Corp., which is majority owned by Fluor Enterprises, Inc. Fluor Enterprises itself is a wholly owned subsidiary of Fluor Corporation, tying the transaction to Fluor’s broader corporate structure.

Was the NuScale Power (SMR) insider transaction a buy or a sell?

The insider transaction was a sale of NuScale Power Class A Common Stock. It was classified as an open-market sale under transaction code “S,” rather than a purchase or derivative exercise, according to the Form 4 details.