FLUOR CORP 4
Research Summary
AI-generated summary
NuScale Power (SMR) 10% Owner Fluor Sells 13.5M Shares
What Happened
Fluor Corporation (reported via Fluor Enterprises, Inc., its wholly owned subsidiary) sold 13,500,000 shares of NuScale Power Class A common stock on April 9, 2026. The shares were disposed at $12.07 per share for a total of $162,897,750. This was a sale (not a purchase), which is generally considered a routine disposition rather than a bullish signal.
Key Details
- Transaction date: 2026-04-09; Filing date (Form 4): 2026-04-13. (Form 4 reports the 4/9 transaction on 4/13 — Form 4s are typically due within 2 business days; review timeliness if relevant.)
- Price per share: $12.07; Total value: $162,897,750.
- Transaction type: Open market or private sale (reported as "S"); footnote F1 states the sale was made pursuant to a previously disclosed agreement.
- Beneficial owner: Shares are beneficially owned by Fluor Enterprises, Inc., a wholly owned subsidiary of Fluor Corporation (footnote F2; corporate address provided in the filing).
- Shares owned after transaction: Not specified in the information provided on this summary (check the filing for any “Amount Owned Following Reported Transaction” field).
Context
- This filing involves a 10% institutional owner (Fluor), not an individual executive. Transactions by large institutional holders may reflect portfolio rebalancing or contractual arrangements rather than insider views on company prospects.
- The sale was made pursuant to a previously disclosed agreement (per F1); that agreement may explain timing or size of the disposition. The filing notes the beneficial ownership structure (F2).