NuScale Power (NYSE: SMR) CFO sells 40K shares under Rule 10b5-1 plan

Rhea-AI Filing Summary

NuScale Power Corp (SMR) Chief Financial Officer Robert Ramsey Hamady reported an option exercise and share sale. On 12/08/2025, he exercised employee stock options covering 40,000 shares of Class A common stock at an exercise price of $3.20 per share, acquiring those shares. On the same date, he sold 40,000 shares of Class A common stock at a price of $22.17 per share under a pre-arranged Rule 10b5-1 trading plan adopted on September 9, 2025. After these transactions, he directly owned 46,283 shares of Class A common stock and held 185,625 employee stock options, which were originally granted on February 28, 2024 and vest in three annual installments beginning on the grant date anniversary.

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

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^*

Hamady Robert Ramsey

(Last) (First) (Middle)

1100 NE CIRCLE BLVD., SUITE 350

(Street)

CORVALLIS OR 97330

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
12/08/2025

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	12/08/2025		M		40,000	A	$3.2	86,283	D
Class A Common Stock	12/08/2025		S(1)		40,000	D	$22.17	46,283	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
Employee Stock Option (right to buy)	$3.2	12/08/2025		M			40,000	(2)	02/24/2034	Class A Common Stock	40,000	$0	185,625	D

Explanation of Responses:

1. The reported sale of 40,000 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 9, 2025.

2. The stock options were granted February 28, 2024, and vest in three annual installments beginning on the anniversary of the grant date.

Remarks:

	Patrick C Cannon, attorney-in-fact for Robert Ramsey Hamady	12/10/2025
	** 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.
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FAQ

What insider transaction did NuScale Power (SMR) report in this Form 4?

NuScale Power’s Chief Financial Officer Robert Ramsey Hamady reported exercising employee stock options for 40,000 shares of Class A common stock at $3.20 per share and selling 40,000 shares of Class A common stock at $22.17 per share on 12/08/2025.

Who is the insider involved in the latest NuScale Power (SMR) Form 4 filing?

The insider is Robert Ramsey Hamady, who serves as Chief Financial Officer of NuScale Power Corp and is identified in the filing as an officer reporting person.

How many NuScale Power (SMR) shares does the CFO own after the reported trades?

After the reported option exercise and share sale, Chief Financial Officer Robert Ramsey Hamady directly owned 46,283 shares of NuScale Power Class A common stock.

How many stock options does the NuScale Power (SMR) CFO hold after this transaction?

Following the transactions, the CFO held 185,625 employee stock options (rights to buy Class A common stock), as reported in the derivative securities table.

Was the NuScale Power (SMR) share sale made under a Rule 10b5-1 trading plan?

Yes. The filing explains that the sale of 40,000 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 9, 2025.

What are the key terms of the NuScale Power (SMR) stock options exercised by the CFO?

The employee stock options had an exercise price of $3.20 per share, were granted on February 28, 2024, and vest in three annual installments beginning on the anniversary of the grant date. On 12/08/2025, 40,000 of these options were exercised.