4/AFiled Sep 10, 8:00 PM ET
NuScale (SMR) CFO Hamady Ramsey Exercises Options, Sells 20K
$SMR · NUSCALE POWER CorpResearch Summary
AI-generated summary of this SEC filing
NuScale (SMR) CFO Hamady Ramsey Exercises Options, Sells 20K
What happened
- Hamady Robert Ramsey, CFO of NuScale Power Corp (SMR), exercised 20,000 stock options (derivative code M) on August 17, 2026 at a $3.20 strike ($64,000 cost) and sold 20,000 shares the same day (code S) at $9.49 per share for approximately $189,800. The sale was executed automatically under a Rule 10b5-1 trading plan.
Key details
- Transaction date: August 17, 2026
- Exercise: 20,000 shares × $3.20 = $64,000 (acquired)
- Sale: 20,000 shares × $9.49 = $189,800 (disposed)
- Shares owned after exercise: 117,192; shares owned after the sale: 97,192
- Footnote F1: Sale occurred automatically under a 10b5-1 plan adopted March 31, 2026
- Footnote F2 / Amendment: This is an amended Form 4 (filed Sept 11, 2026) correcting an earlier Form 4 filed Aug 19, 2026 that had incorrectly reported zero shares for both the exercise and sale and misstated post-transaction holdings
- Transaction codes: M = exercise/conversion of derivative; S = sale in open market/private transaction
Context
- The sequence (exercise then same-day sale) is effectively an option exercise followed by a planned disposition; after the transactions the reporting person held 97,192 shares — the same level as before the exercise/sale sequence. This amendment corrects the public record; it does not, by itself, indicate insider sentiment.