Harshaw Stuart Alan 4
Research Summary
AI-generated summary
NuScale Power (SMR) Director Stuart Harshaw Receives RSU Awards
What Happened
- Director Stuart Alan Harshaw received two restricted stock unit (RSU) awards from NuScale Power (SMR) on May 29, 2026: 8,681 RSUs (award A) and a second one-time award of 8,681 RSUs, for a total of 17,362 RSUs. Each RSU is a right to one share of Class A common stock upon vesting. The reported acquisition price is $0.00 (compensation award), not an open-market purchase.
Key Details
- Transaction date: 2026-05-29; Form 4 filed 2026-06-02 (filed within the standard 2 business-day window).
- Reported amount: 2 awards × 8,681 RSUs = 17,362 RSUs; price: $0.00 (award/grant; code A).
- Vesting (per footnotes):
- F1: 8,681 RSUs vest quarterly in four equal installments over one year, beginning 2026-08-29.
- F2: 8,681 RSUs vest quarterly over three years, beginning 2026-08-29.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- No indication of a 10b5-1 plan, tax-withholding sale, or cashless exercise in the filing excerpt.
Context
- These are compensation awards (RSUs) that convert to shares only upon vesting; they are not purchases or immediate sales and therefore do not directly signal buying or selling intent. For retail investors, RSU grants are common executive/director compensation and reflect long-term incentive alignment rather than an immediate market bet.