Hamady Robert Ramsey 4

What Happened

• Robert Ramsey Hamady, Chief Financial Officer of NuScale Power Corp (SMR), exercised 20,000 stock options at $3.20 per share (cost $64,000) and sold 20,000 shares in the open market at $10.14 per share, generating $202,800 on June 30, 2026. The filing also reports the option conversion/derivative disposition associated with the exercise (reported at $0.00).

Key Details

• Transaction date: 2026-06-30.
• Exercise: 20,000 shares at $3.20 each (total cost $64,000).
• Sale: 20,000 shares at $10.14 each (total proceeds $202,800).
• Reported derivative disposition: 20,000 shares @ $0.00 (reflects option conversion).
• Sale executed automatically under a Rule 10b5-1 trading plan adopted March 31, 2026 (Footnote F1).
• Options granted Feb 28, 2024; vest in three annual installments beginning on the grant anniversary (Footnote F2).
• Shares owned after the transaction: not specified in the provided summary.
• Filing timeliness: Filed 2026-07-01 for a 2026-06-30 transaction — appears timely (not marked late).

Context

• This was an exercise of previously granted stock options followed by an immediate sale of the resulting shares (commonly a cashless exercise/sell pattern). The open-market sale was conducted under a pre-established 10b5-1 plan, which typically allows insiders to sell shares according to a preset schedule. These events are routine insider transactions and should be interpreted as factual disclosures, not statements of future company performance.