Goldman Sachs reports 2.6% stake in NuScale Power

Rhea-AI Filing Summary

NuScale Power Corp ownership disclosure: The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC report shared voting and dispositive power over 8,160,035.82 and 8,160,065.82 shares respectively, representing 2.6% of Class A common stock as shown on the cover page. The filing is an amendment (Schedule 13G/A) identifying joint filing arrangements and parent/subsidiary relationships; signatures are dated 04/24/2026.

Insights

Institutional Ownership Analyst

Goldman Sachs reports a passive, sub-5% stake in NuScale with joint filing mechanics.

The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC disclose shared voting and dispositive power over roughly 8.16 million Class A shares, shown as 2.6% of the class on the cover page as of 03/31/2026. The filing is an amendment under Schedule 13G/A identifying joint filing and parent-subsidiary attribution.

The disclosure includes a Joint Filing Agreement and an exhibit attributing the reported securities to a Goldman Sachs subsidiary; cash-flow treatment and trading intent are not stated in the excerpt.

Key Figures

Form type: SCHEDULE 13G/A Shared voting power: 8,160,035.82 shares Shared dispositive power: 8,160,065.82 shares +5 more

8 metrics

Form type SCHEDULE 13G/A Amendment reporting ownership

Shared voting power 8,160,035.82 shares Cover-page figure

Shared dispositive power 8,160,065.82 shares Cover-page figure

Amount referenced (Item 9) 8,160,102.82 shares Aggregate figure on cover page

Percent of class 2.6% Percent of Class A common stock reported

CUSIP 67079K100 Class A common stock CUSIP

Ownership date 03/31/2026 Date shown on cover page

Signature date 04/24/2026 Filing signature block

Key Terms

Schedule 13G/A, Shared dispositive power, Joint Filing Agreement, Parent holding company

4 terms

Schedule 13G/A regulatory

"the cover page and Item 1 header indicating an amendment filing"

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

Shared dispositive power financial

"coversheet lines listing 'Shared Dispositive Power 8,160,065.82'"

Joint Filing Agreement regulatory

"EXHIBIT (99.1) JOINT FILING AGREEMENT language"

Parent holding company regulatory

"EXHIBIT (99.2) ITEM 7 INFORMATION describing GS Group as parent"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What stake does Goldman Sachs report in NuScale Power (SMR)?

They report shared voting/dispositive power over 8,160,035.82–8,160,065.82 shares, equal to 2.6% of Class A common stock. The figures appear on the cover page of the Schedule 13G/A as of 03/31/2026, per the filing.

Who filed the Schedule 13G/A for NuScale Power (SMR)?

The filing was made jointly by The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC. A Joint Filing Agreement and exhibits describing parent/subsidiary attribution are attached to the amendment.

Does the filing indicate active trading or control over NuScale Power (SMR)?

The Schedule 13G/A reflects reported voting and dispositive power but does not state trading intent or control actions. The filing includes attribution language linking the parent and a broker‑dealer subsidiary.

What dates are shown in the NuScale Power (SMR) filing?

The cover page shows an ownership date of 03/31/2026, and the document is signed on 04/24/2026. These dates appear in the cover and signature blocks of the amendment.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/11/2026 - 03:01 PM EDT Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

NUSCALE POWER CORP

(Name of Issuer)

Class A common stock, $0.0001 par value per share

(Title of Class of Securities)

67079K100

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 67079K100

1

Names of Reporting Persons

THE GOLDMAN SACHS GROUP, INC.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 8,160,035.82
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 8,160,065.82

9

Aggregate Amount Beneficially Owned by Each Reporting Person

8,160,102.82

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

2.6 %

12

Type of Reporting Person (See Instructions)

HC, CO

SCHEDULE 13G

CUSIP Number(s): 67079K100

1

Names of Reporting Persons

GOLDMAN SACHS & CO. LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NEW YORK

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 8,160,035.82
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 8,160,065.82

9

Aggregate Amount Beneficially Owned by Each Reporting Person

8,160,102.82

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

2.6 %

12

Type of Reporting Person (See Instructions)

BD, OO, IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: NUSCALE POWER CORP
(b)	Address of issuer's principal executive offices: 1100 NE CIRCLE BLVD., SUITE 350, CORVALLIS, X1, 97330
Item 2.
(a)	Name of person filing: THE GOLDMAN SACHS GROUP, INC.| GOLDMAN SACHS & CO. LLC
(b)	Address or principal business office or, if none, residence: The Goldman Sachs Group, Inc. 200 West Street New York, NY 10282| Goldman Sachs & Co. LLC 200 West Street New York, NY 10282
(c)	Citizenship: THE GOLDMAN SACHS GROUP, INC. - Delaware| GOLDMAN SACHS & CO. LLC - New York
(d)	Title of class of securities: Class A common stock, $0.0001 par value per share
(e)	CUSIP No.: 67079K100
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: See the response(s) to Item 9 on the attached cover page(s).
(b)	Percent of class: See the response(s)to Item 11 on the attached cover page(s).
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See the response(s) to Item 5 on the attached cover page(s).
	(ii) Shared power to vote or to direct the vote: See the response(s) to Item 6 on the attached cover page(s).
	(iii) Sole power to dispose or to direct the disposition of: See the response(s) to Item 7 on the attached cover page(s).
	(iv) Shared power to dispose or to direct the disposition of: See the response(s) to Item 8 on the attached cover page(s).
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Exhibit (99.2)
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

THE GOLDMAN SACHS GROUP, INC.

Signature:	Name: Sam Prashanth
Name/Title:	Attorney-in-fact
Date:	04/24/2026

GOLDMAN SACHS & CO. LLC

Signature:	Name: Sam Prashanth
Name/Title:	Attorney-in-fact
Date:	04/24/2026

Exhibit Information

EXHIBIT (99.1) JOINT FILING AGREEMENT In accordance with Rule 13d-1(k)(1) promulgated under the Securities Exchange Act of 1934, the undersigned agree to the joint filing of a Statement on Schedule 13G (including any and all amendments thereto) with respect to the Class A common stock, $0.0001 par value per share, par value $ per share, of NUSCALE POWER CORP and further agree to the filing of this agreement as an Exhibit thereto. In addition, each party to this Agreement expressly authorizes each other party to this Agreement to file on its behalf any and all amendments to such Statement on Schedule 13G. Date: THE GOLDMAN SACHS GROUP, INC. By:/s/ Sam Prashanth ---------------------------------------- Name: Sam Prashanth Title: Attorney-in-fact GOLDMAN SACHS & CO. LLC By:/s/ Sam Prashanth ---------------------------------------- Name: Sam Prashanth Title: Attorney-in-fact EXHIBIT (99.2) ITEM 7 INFORMATION The securities being reported on by The Goldman Sachs Group, Inc. ("GS Group"), as a parent holding company, are owned, or may be deemed to be beneficially owned, by Goldman Sachs & Co. LLC ("Goldman Sachs"), a broker or dealer registered under Section 15 of the Act and an investment adviser registered under Section 203 of the Investment Advisers Act of 1940. Goldman Sachs is a subsidiary of GS Group. EXHIBIT (99.3) ITEM 4 INFORMATION *In accordance with the Securities and Exchange Commission Release No. 34-39538 (January 12, 1998) (the "Release"), this filing reflects the securities beneficially owned by certain operating units (collectively, the "Goldman Sachs Reporting Units") of The Goldman Sachs Group, Inc. and its subsidiaries and affiliates (collectively, "GSG"). This filing does not reflect securities, if any, beneficially owned by any operating units of GSG whose ownership of securities is disaggregated from that of the Goldman Sachs Reporting Units in accordance with the Release. The Goldman Sachs Reporting Units disclaim beneficial ownership of the securities beneficially owned by (i) any client accounts with respect to which the Goldman Sachs Reporting Units or their employees have voting or investment discretion or both, or with respect to which there are limits on their voting or investment authority or both and (ii) certain investment entities of which the Goldman Sachs Reporting Units act as the general partner, managing general partner or other manager, to the extent interests in such entities are held by persons other than the Goldman Sachs Reporting Units.