NuScale Power Corporation’s (NYSE: SMR) Chief Financial Officer Robert Ramsey Hamady sold 20,000 shares of company stock on August 17, 2026, according to a recent SEC Form 4 filing.
The transaction generated a total value of approximately $189,800, based on a weighted average sale price of $9.49 per share at the time of execution.
The disposal represented roughly 21% of Hamady’s directly held equity stake prior to the filing, making it a sizable reduction in his personal exposure to the company.
The transaction was structured as an exercise-and-sell, with Hamady exercising 20,000 stock options at a strike price of $3.20 per share and immediately selling the resulting Class A Common Stock on the open market.
This mechanism allowed the CFO to capture the spread between the $3.20 strike price and the prevailing market price while leaving him with 97,192 directly held shares following the transaction.
The sale was non-discretionary, executed automatically under a Rule 10b5-1 trading plan that Hamady established on March 31, 2026, separating the transaction from any current non-public information at the company.
Despite the plan-driven nature of the sale, the timing draws attention given that NuScale’s stock had fallen 74% over the trailing 12 months leading up to the August 17 transaction date.
As of the September 11, 2026 market close, shares were trading at $8.61, giving the company a market capitalization of approximately $2.8 billion against trailing twelve-month revenue of just $10.7 million.
NuScale reported only $75,000 in sales during the second quarter of 2026, while its net loss for that period totaled $50.1 million, up sharply from a loss of $37.6 million in the comparable period of 2025.
The widening losses highlight the company’s struggle to convert its proprietary small modular reactor technology into commercial deals, even as surging artificial intelligence infrastructure demand has intensified the global search for reliable, carbon-free electricity sources.
NuScale’s core product, the VOYGR SMR plant, uses NuScale Power Modules capable of generating 77 megawatts of electricity per unit, targeting utility companies and industrial enterprises seeking scalable baseload power.
The company operates a technology development and licensing business model from its headquarters in Corvallis, Oregon, with revenue generated through design, engineering, and deployment of its advanced nuclear power systems.
Hamady’s remaining direct ownership of 97,192 shares represents approximately 0.0726% of the company, based on share counts reported as of the September 11, 2026 market close.
The amended Form 4, corrected on September 11, accurately reflects the option exercise structure underlying the August 17 share sale and confirms Hamady’s post-transaction holdings.
Investor confidence in NuScale’s near-term outlook remains fragile as the company continues to post steep losses without having secured meaningful commercial contracts for its nuclear energy offerings.
