Jose N. Reyes Jr. - 01 Jul 2025 Form 4 Insider Report for NUSCALE POWER Corp (SMR)

Role
Chief Technology Officer
Signature
Patrick C. Cannon, attorney-in-fact for Jose N. Reyes, Jr.
Issuer symbol
SMR
Transactions as of
01 Jul 2025
Net transactions value
-$2,187,910
Form type
4
Filing time
03 Oct 2025, 16:01:17 UTC
Previous filing
06 May 2025
Next filing
18 Aug 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Reyes Jose N Jr Chief Technology Officer 1100 NE CIRCLE BLVD., SUITE 350, CORVALLIS Patrick C. Cannon, attorney-in-fact for Jose N. Reyes, Jr. 03 Oct 2025 0001912965

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMR Class A Common Stock Options Exercise $112,530 +33,000 +15% $3.41 253,630 01 Jul 2025 By Jose N. Reyes, Jr. Trust, dated August 2, 2021
transaction SMR Class A Common Stock Sale $1,208,506 -33,000 -13% $36.62 220,630 01 Jul 2025 By Jose N. Reyes, Jr. Trust, dated August 2, 2021 F1, F2
transaction SMR Class A Common Stock Options Exercise $112,530 +33,000 +15% $3.41 253,630 01 Oct 2025 By Jose N. Reyes, Jr. Trust, dated August 2, 2021
transaction SMR Class A Common Stock Sale $1,204,464 -33,000 -13% $36.50 220,630 01 Oct 2025 By Jose N. Reyes, Jr. Trust, dated August 2, 2021 F1, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SMR Employee Stock Option (right to buy) Options Exercise $0 -33,000 -3.9% $0.000000 823,555 01 Jul 2025 Class A Common Stock 33,000 $3.41 By Jose N. Reyes, Jr. Trust, dated August 2, 2021 F4
transaction SMR Employee Stock Option (right to buy) Options Exercise $0 -33,000 -4% $0.000000 790,555 01 Oct 2025 Class A Common Stock 33,000 $3.41 By Jose N. Reyes, Jr. Trust, dated August 2, 2021 F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The reported sale of 33,000 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 13, 2024.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.420 to $37.880, inclusive. The reporting person undertakes to provide to NuScale Power Corporation, any security holder of NuScale Power Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.440 to $37.040, inclusive. The reporting person undertakes to provide to NuScale Power Corporation, any security holder of NuScale Power Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F4 This option became fully exercisable on March 1, 2021.