Chung Bum-Jin 4
Research Summary
AI-generated summary
NuScale Power (SMR) Director Chung Bum-Jin Receives RSU Award
What Happened
Chung Bum-Jin, a director of NuScale Power Corp (SMR), was granted 8,681 restricted stock units (RSUs) on May 29, 2026. The award was reported on a Form 4 filed June 2, 2026. The grant has a reported acquisition price of $0 (company compensation), so no cash changed hands; the total immediate cash value was $0.
Key Details
- Transaction date: 2026-05-29; Form 4 filed: 2026-06-02 (filed timely).
- Transaction type: Award/Grant (code A). Price per RSU: $0; number granted: 8,681.
- Shares owned after transaction: Not specified in the filing.
- Footnote: The 8,681 RSUs vest quarterly in four equal installments over one year, beginning August 29, 2026. Each RSU converts to one share of Class A common stock upon vesting.
- No indication of a 10b5-1 plan, sale, or tax-withholding disposition in this filing.
Context
RSUs are a form of compensation that convert into shares only when they vest; they are not an outright purchase or sale and do not by themselves indicate buying pressure. For retail investors, this is routine executive/director compensation rather than a market-timed trade.