BOECKMANN ALAN L 4

What Happened Alan L. Boeckmann, a director of NuScale Power Corp (SMR), was granted 3,681 shares of phantom stock on June 30, 2026 as payment in lieu of quarterly cash director fees. The award was granted at $0 per share (deferred compensation); there was no cash purchase or sale and no immediate cash value realized. Each phantom share represents the right to receive one share of Class A Common Stock upon the reporting person's separation from service.

Key Details

• Transaction date and type: 2026-06-30 — Grant/Award of phantom stock (Code A).
• Price: $0.00 per share; total immediate cash value reported = $0.
• Shares in this grant: 3,681 phantom shares.
• Total reported after this transaction: 92,499 total units reported in Column 5, comprised of 76,667 Class A Common Stock and 15,832 phantom shares (3,681 newly granted + 3,470 previously reported in Table II + 8,681 previously reported in Table I).
• Footnotes: F1 — phantom shares granted in lieu of cash under the Deferred Compensation Plan for Non-Employee Directors; settlement deferred and payable upon separation from service. F2 — confirms prior phantom-stock and common-stock amounts included in the total.
• Filing timeliness: Report covers period ending 2026-06-30 and was filed 2026-07-01 (appears timely).

Context Phantom stock is a deferred-compensation instrument that gives the holder the right to receive shares (or cash equivalent) later; it does not transfer actual Class A shares or immediate voting rights until settlement. This type of grant is a routine director compensation action rather than an open-market purchase or sale and doesn’t necessarily signal the director’s view on the company’s near-term stock prospects.