NuScale Power Corporation (NYSE: SMR) Chief Financial Officer Robert Ramsey Hamady sold 29,880 shares of company stock on August 27, 2026, according to a recent SEC Form 4 filing.
The transaction was executed at a weighted average sale price of $9.39 per share, with the stock closing at $9.74 on the same date.
The sale was not a discretionary market transaction, but rather a non-discretionary disposition carried out solely to cover mandatory tax withholding obligations.
Those obligations were triggered by the vesting and settlement of 76,923 restricted stock units, a standard mechanism used by executives to satisfy tax liabilities tied to equity compensation events.
Because the number of RSUs that vested exceeded the shares sold for tax purposes, Hamady’s direct holdings in the company actually increased as a result of the overall transaction.
His direct equity stake rose from 77,192 shares to 124,235 shares following the settlement of the vesting event, representing a meaningful increase in his overall exposure to the stock.
The transaction comes at a difficult moment for NuScale shareholders, with the stock having delivered a one-year total return of -72% as of the August 27, 2026 transaction date.
That steep decline has left the stock trading near its 52-week low, reflecting broader investor skepticism around the commercialization timeline for small modular reactor technology.
NuScale develops and commercializes proprietary small modular reactor nuclear technology, with its flagship product being the VOYGR SMR plant powered by NuScale Power Modules, which are light water nuclear reactors capable of generating 77 megawatts of electricity per unit.
The company generates revenue through the design, development, and licensing of its advanced SMR technology, positioning itself as a provider of scalable, carbon-free energy for the global energy transition.
NuScale targets utility companies, industrial energy consumers, and government entities seeking reliable, emissions-free power generation capacity to meet decarbonization objectives and energy security requirements.
While insider share sales can attract investor scrutiny, the non-discretionary nature of this particular transaction limits the signal it sends about Hamady’s personal outlook on the company’s prospects.
