NuScale Power Files 8-K on Officer/Director Changes & Compensation
Ticker: SMR · Form: 8-K · Filed: Feb 15, 2024 · CIK: 1822966
Sentiment: neutral
Topics: corporate-governance, executive-changes, compensation, regulatory-filing
TL;DR
**NuScale Power just filed an 8-K about leadership changes and executive pay, keep an eye out for specifics!**
AI Summary
NuScale Power Corporation filed a Form 8-K on February 15, 2024, reporting events concerning the departure or election of directors and officers, along with details on compensatory arrangements for certain officers. The filing also included a Regulation FD Disclosure and related financial statements and exhibits. Specific names of individuals or exact dollar amounts for compensation changes are not detailed in this excerpt of the filing.
Why It Matters
Changes in a company's leadership and executive compensation structure can signal shifts in strategic direction or financial health, impacting investor confidence and future performance. This filing indicates such changes are occurring at NuScale Power.
Risk Assessment
Risk Level: medium — Changes in executive leadership and compensation, while common, introduce a degree of uncertainty regarding future company direction and stability, warranting a medium risk assessment.
Key Players & Entities
- NuScale Power Corporation (company) — registrant
FAQ
What type of SEC filing did NuScale Power Corporation submit?
NuScale Power Corporation submitted a Form 8-K, a current report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
What was the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported in this filing was February 15, 2024.
What specific items were reported in this 8-K by NuScale Power Corporation?
The 8-K reported on the Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers; Regulation FD Disclosure; and Financial Statements and Exhibits.
What is the state of incorporation for NuScale Power Corporation?
NuScale Power Corporation's state of incorporation is Delaware.
What is the Commission File Number for NuScale Power Corporation?
The Commission File Number for NuScale Power Corporation is 001-39736.
Filing Stats: 611 words · 2 min read · ~2 pages · Grade level 10.8 · Accepted 2024-02-15 11:04:37
Key Financial Figures
- $0.0001 — which registered Class A common stock, $0.0001 par value per share SMR New York Stock
- $1,635.38 — Engel will receive supplemental pay of $1,635.38 per pay period and her Incentive Compen
Filing Documents
- smr-20240215.htm (8-K) — 34KB
- a2024-02x15x8xkxprq4full.htm (EX-99.1) — 8KB
- a2024-02x15x8xkxprq4full001.jpg (GRAPHIC) — 217KB
- a2024-02x15x8xkxprq4full002.jpg (GRAPHIC) — 331KB
- a2024-02x15x8xkxprq4full003.jpg (GRAPHIC) — 60KB
- 0001822966-24-000008.txt ( ) — 1049KB
- smr-20240215.xsd (EX-101.SCH) — 2KB
- smr-20240215_def.xml (EX-101.DEF) — 6KB
- smr-20240215_lab.xml (EX-101.LAB) — 31KB
- smr-20240215_pre.xml (EX-101.PRE) — 18KB
- smr-20240215_htm.xml (XML) — 4KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. NuScale Power Corporation announced it would hold an update call regarding the Company's business and financial results on Wednesday, March 15, 2024, at 5:00 p.m. Eastern Time. The press release is filed as Exhibit 99.1 to this Current Report on Form 8-K. .
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1* Press Release issued by NuScale Power Corporation on February 15, 2024 104 Cover Page Interactive Data File (formatted as Inline XBRL) * Filed herewith. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. NuScale Power Corporation Date: February 15, 2024 By: /s/ Ramsey Hamady Name: Ramsey Hamady Title: Chief Financial Officer