NuScale Power CFO Hamady sells $189,800 in stock

NuScale Power CFO, Robert Ramsey Hamady, sold 20,000 shares of the company's Class A Common Stock on August 17, 2026, for a total of $189,800, at a price of $9.49 per share. This represents a significant decline from the stock's current trading price of $8.61, which has dropped 76% over the past year. Hamady's sale was executed through a Rule 10b5-1 trading plan he adopted on March 31, 2026.

Concurrently, Hamady acquired 20,000 shares of Class A Common Stock at $3.20 per share, investing $64,000. Following these transactions, Hamady now directly owns 97,192 shares of NuScale Power Class A Common Stock. An amendment to a Form 4 filing on August 19, 2026, corrected previously reported figures for the stock sale and acquisition, as well as the post-transaction beneficial ownership.

NuScale Power reported its Q2 2026 earnings, which met Wall Street's expectations on a per-share basis, but revenue declined to $0.1 million, down from $8.1 million in the same period last year. The company has also initiated a $750 million at-the-market stock offering program. UBS Securities and B. Riley Securities, among other sales agents, are participating in the stock offering.

UBS downgraded NuScale Power from Neutral to Sell, with a price target reduction from $10.00 to $6.00, citing concerns over an extended construction timeline and lack of firm customer commitments. B. Riley adjusted its price target for NuScale Power, reducing it from $19.00 to $15.00, due to increased share count and valuation reset across the sector.

Despite these challenges, NuScale's partner, ENTRA1 Energy, is nearing a power purchase agreement with the Tennessee Valley Authority.