FLUOR CORP 4

What Happened

• Fluor Corporation (reported on the Form 4 as a "Director" filing via its subsidiary Fluor Enterprises, Inc.) sold 13,500,000 shares of NuScale Power Corp (SMR) on April 21, 2026. The shares were disposed at $11.81 per share for total proceeds reported as $159,424,200. This was a sale (not a purchase); sales are often routine or contractual and do not necessarily indicate a change in company fundamentals.

Key Details

• Transaction date: 2026-04-21; reported on Form 4 filed 2026-04-23 (timely filing within the usual two-business-day window).
• Price and size: 13,500,000 shares at $11.81 per share; total proceeds reported $159,424,200.
• Transaction code: S (Sale). Method listed as open market or private sale.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnotes: (F1) Sale was made pursuant to a previously disclosed agreement. (F2) The shares were beneficially owned by Fluor Enterprises, Inc., a wholly owned subsidiary of Fluor Corporation (institutional ownership).

Context

• This was an institutional sale by a corporate owner (Fluor/Fluor Enterprises), not an individual executive’s personal trade. Institutional disposals can reflect portfolio or contractual decisions rather than insider sentiment about operations.
• No option exercise, gift, or award is involved in this transaction; it is a straightforward sale pursuant to a prior agreement.