NUSCALE POWER Corp·4

Jun 2, 4:48 PM ET

Warnica Kimberly O. 4

Research Summary

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NuScale Power (SMR) Director Kimberly Warnica Receives Award

What Happened
Kimberly O. Warnica, a director of NuScale Power Corp (SMR), was granted 8,681 restricted stock units (RSUs) on May 29, 2026. The grant is reported as an award/acquisition (Code A) at $0.00 per share (typical for RSU grants which are not an open‑market purchase). These RSUs represent the right to receive one share of Class A common stock per unit upon vesting.

Key Details

  • Transaction date: May 29, 2026; Filing date: June 2, 2026 (Form 4 accession 0001822966-26-000063).
  • Grant size and price: 8,681 RSUs granted at $0.00 per unit.
  • Vesting: RSUs vest quarterly in four equal installments over one year; first vesting on August 29, 2026.
  • Deferral: Under the issuer’s Deferred Compensation Plan for Non‑Employee Directors, Warnica elected to defer receipt of the underlying shares upon vesting and instead will receive an equal number of phantom shares. Each phantom share equals the right to receive one share of Class A common stock upon her separation from service.
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Timeliness: Filing appears timely (no late‑filing code indicated).

Context
This is a compensation grant to a non-employee director, not an open‑market purchase or sale. RSU grants are common for director pay and do not by themselves indicate a trading signal; the deferral into phantom stock means Warnica will not receive actual shares at each vesting date but will be entitled to shares only upon separation from service.