NuScale Power (SMR) director receives 8,681 RSUs, defers into phantom stock
Rhea-AI Filing Summary
Warnica Kimberly O. reported acquisition or exercise transactions in this Form 4 filing.
NuScale Power director Kimberly O. Warnica reported a compensation-related equity grant, not an open-market trade. She received 8,681 restricted stock units of Class A Common Stock on May 29, 2026, vesting quarterly in four equal installments over one year starting August 29, 2026.
Each unit represents the right to receive one share of Class A Common Stock upon vesting. Under NuScale’s Deferred Compensation Plan for Non-Employee Directors, she elected to defer the underlying shares into an equal number of phantom stock shares, payable in Class A Common Stock upon her separation from service. Following the award, she holds 56,140 shares of Class A Common Stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 8,681 shares
Net Buy
1 txn
Insider
Warnica Kimberly O.
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 — 56,140 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
Restricted stock units granted: 8,681 units
Vesting schedule: 4 quarterly installments
Post-transaction holdings: 56,140 shares
+1 more
4 metrics
Restricted stock units granted
8,681 units
Award date May 29, 2026
Vesting schedule
4 quarterly installments
Over one year starting August 29, 2026
Post-transaction holdings
56,140 shares
Class A Common Stock held directly after award
Grant price per share
$0.0000 per share
Equity award, no cash paid by director
Key Terms
restricted stock units, Deferred Compensation Plan for Non-Employee Directors, phantom stock, 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.
Deferred Compensation Plan for Non-Employee Directors financial
"Pursuant to the issuer's Deferred Compensation Plan for Non-Employee Directors"
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.
separation from service financial
"upon the reporting person's separation from service with the issuer"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did NuScale Power (SMR) director Kimberly Warnica report?
Kimberly O. Warnica reported receiving 8,681 restricted stock units as director compensation. These units convert into Class A Common Stock over time, reflecting a stock-based award rather than an open-market share purchase or sale, and increase her equity-linked exposure to NuScale Power.
How do the 8,681 restricted stock units for NuScale (SMR) vest?
The 8,681 restricted stock units vest quarterly in four equal installments over one year. The first vesting date is August 29, 2026, with subsequent quarterly vestings, gradually delivering the right to receive NuScale Class A Common Stock as each installment vests.
What does NuScale Power’s phantom stock election mean in this Form 4?
Warnica elected under NuScale’s Deferred Compensation Plan to defer the vested shares into phantom stock. Each phantom share mirrors one Class A Common Share and will be settled in actual stock upon her separation from service, delaying share delivery while maintaining equity linkage.
Is the NuScale (SMR) Form 4 transaction a stock purchase or sale?
The Form 4 shows a grant coded as an acquisition (Code A), not a market trade. Warnica did not buy or sell shares in the open market; she received restricted stock units as part of her director compensation package, with zero price per share reported.