=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-02-28
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: NUSCALE POWER Corp (SMR)
CIK: 0001822966
--- Reporting Owner ---
Name: Hamady Robert Ramsey
CIK: 0001922054
Role: Officer (Chief Financial Officer)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Class A Common Stock
Date: 2026-03-02 | Code: M (Exercise of derivative)
Shares: +44,271
Shares Owned After: 90,554 | Ownership: D (Direct)
Footnotes:
[F1] Restricted stock units convert into Class A Common Stock on a one-for-one basis.
[Transaction #2]
Security: Class A Common Stock
Date: 2026-03-02 | Code: M (Exercise of derivative)
Shares: +25,208
Shares Owned After: 115,762 | Ownership: D (Direct)
Footnotes:
[F1] Restricted stock units convert into Class A Common Stock on a one-for-one basis.
[Transaction #3]
Security: Class A Common Stock
Date: 2026-03-03 | Code: S (Open market sale)
Shares: -18,570 | Price: $12.22
Total Value: $226,925.40
Shares Owned After: 97,192 | Ownership: D (Direct)
Footnotes:
[F2] The sales reported on this Form 4 represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction.
--- Derivative Transactions ---
[Transaction #1]
Security: Restricted Stock Unit
Date: 2026-03-02 | Code: M (Exercise of derivative)
Shares: -44,271 | Price: $0.00
Shares Owned After: 44,271 | Ownership: D (Direct)
Footnotes:
[F1] Restricted stock units convert into Class A Common Stock on a one-for-one basis.
[F3] On February 28, 2024, the reporting person was granted 132,812 restricted stock units, vesting annually in three equal installments beginning on the anniversary of the grant date
[F3] On February 28, 2024, the reporting person was granted 132,812 restricted stock units, vesting annually in three equal installments beginning on the anniversary of the grant date
[Transaction #2]
Security: Restricted Stock Unit
Date: 2026-03-02 | Code: M (Exercise of derivative)
Shares: -25,208 | Price: $0.00
Shares Owned After: 50,417 | Ownership: D (Direct)
Footnotes:
[F1] Restricted stock units convert into Class A Common Stock on a one-for-one basis.
[F4] On February 28, 2025, the reporting person was granted 75,625 restricted stock units, vesting annually in three equal installments beginning on the anniversary of the grant date.
[F4] On February 28, 2025, the reporting person was granted 75,625 restricted stock units, vesting annually in three equal installments beginning on the anniversary of the grant date.
[Transaction #3]
Security: Restricted Stock Unit
Date: 2026-02-28 | Code: A (Grant or award)
Shares: +128,404 | Price: $0.00
Shares Owned After: 128,404 | Ownership: D (Direct)
Footnotes:
[F1] Restricted stock units convert into Class A Common Stock on a one-for-one basis.
[F5] On February 28, 2026, the reporting person was granted 128,404 restricted stock units, vesting annually in three equal installments beginning on the anniversary of the grant date.
[F5] On February 28, 2026, the reporting person was granted 128,404 restricted stock units, vesting annually in three equal installments beginning on the anniversary of the grant date.
--- Footnotes (Complete Index) ---
F1: Restricted stock units convert into Class A Common Stock on a one-for-one basis.
F2: The sales reported on this Form 4 represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction.
F3: On February 28, 2024, the reporting person was granted 132,812 restricted stock units, vesting annually in three equal installments beginning on the anniversary of the grant date
F4: On February 28, 2025, the reporting person was granted 75,625 restricted stock units, vesting annually in three equal installments beginning on the anniversary of the grant date.
F5: On February 28, 2026, the reporting person was granted 128,404 restricted stock units, vesting annually in three equal installments beginning on the anniversary of the grant date.
--- Signature ---
/s/ Patrick C Cannon, attorney-in-fact for Robert Ramsey Hamady (2026-03-03)
