NuScale Power’s CFO Sells Nearly 30,000 Company Shares as the Stock Remains Near a 52-Week Low

Chief Financial Officer Robert Ramsey Hamady reported a sale of 29,880 shares of NuScale Power Corporation (SMR -4.62%) on August 27, 2026, according to a recent SEC Form 4 filing.

Transaction summary

Transaction value based on SEC Form 4 weighted average sale price ($9.39); post-transaction value based on August 27, 2026 market close ($9.74).

Key questions

• Was this a discretionary market sale?
  No, the disposition was non-discretionary and was executed solely to cover mandatory tax withholding obligations triggered by the vesting and settlement of 76,923 restricted stock units (RSUs).
• How did the CFO’s total direct equity exposure change in this transaction?
  The executive’s direct holdings increased from 77,192 shares to 124,235 shares because the number of units that vested and settled exceeded the amount sold for tax purposes.
• What is the current status of the executive’s remaining equity awards?
  Following this transaction, Hamady continues to hold 76,923 derivative securities, which represent the remaining unvested portion of a restricted stock unit grant issued in August of 2023.
• How has the stock performed leading up to this vesting event?
  Shares of NuScale Power Corporation delivered a one-year total return of -72% as of the August 27, 2026 transaction date.

Company Overview

Company Snapshot

• NuScale Power Corporation develops and commercializes proprietary small modular reactor (SMR) nuclear technology, with its primary product being the VOYGR SMR plants powered by NuScale Power Modules (NPM), light water nuclear reactors capable of generating 77 megawatts of electricity per unit.
• The company produces revenue through the design, development, and licensing of its advanced SMR technology, positioning itself as a provider of scalable, carbon-free energy solutions for the global energy transition.
• NuScale targets utility companies, industrial energy consumers, and government entities seeking reliable, safe, and emissions-free power generation capacity to meet decarbonization objectives and energy security requirements.

NuScale Power Corporation is an early stage nuclear technology developer with a market cap of $3.9 billion, currently in the commercialization phase of its proprietary small modular reactor platform.

The company’s strategic focus on scalable, modular nuclear technology positions it to capture significant market opportunity as global energy markets transition toward carbon-free generation. NuScale’s competitive differentiation lies in its innovative reactor design, regulatory pathway progress, and ability to provide flexible, deployable energy solutions across diverse customer applications.

What this transaction means for investors

NuScale CFO Ramsey Hamady’s Aug. 27 disposition of company shares comes the day after 76,923 RSUs vested. This non-discretionary transaction was executed to fulfill tax withholding obligations in connection with the vesting of these RSUs.

An RSU is a form of compensation where a company grants an employee shares of stock at a future date. When that vesting date arrives, as was the case here, a “sell to cover” transaction occurs to pay the related taxes. Consequently, this sale does not reflect the insider’s view on the stock.

NuScale Power’s shares plunged 72% over the trailing 12 months through Hamady’s Aug. 27 sale due to falling sales. In the second quarter, the company produced just $75,000 in revenue compared to $8.1 million in the prior year as it failed to capture new customer contracts. This resulted in a net loss of $50.1 million, an increase from 2025’s loss of $37.6 million.