FLUOR CORP 4

What Happened

• Fluor Corporation (a 10% owner of NuScale Power) disposed of 71,000,000 shares of NuScale Power Class A common stock on Feb 13, 2026. The shares were sold at $19.05 per share, generating proceeds of $1,352,535,800. The transaction is reported on a Form 4 filed Feb 17, 2026, and is coded as a sale (S), indicating an open-market or private sale.

Key Details

• Transaction date: 2026-02-13; Filing date: 2026-02-17 (appears filed after the typical 2-business-day window).
• Price and proceeds: 71,000,000 shares × $19.05 = $1,352,535,800 disposed.
• Beneficial ownership noted in footnote: 39,936,472 shares are beneficially owned by Fluor Enterprises, Inc. (a wholly owned Fluor subsidiary) and 463,747 shares are beneficially owned by NuScale Holdings Corp.
• No 10b5-1 plan, tax-withholding, or option-exercise footnotes were disclosed in the provided details.

Context

• This is an institutional sale by a 10% owner (Fluor) rather than an individual executive — such disposals can be driven by corporate or portfolio reasons and are not the same signal as insider purchases by executives. The late filing may be noteworthy for record-keeping but does not itself explain the reason for the sale.