NuScale Power's CFO Sells Nearly 30,000 Company Shares as the Stock Remains Near a 52-Week Low
NuScale Power's CFO sold 29,880 company shares, valued at approximately $281,000 at an execution price of $9.39 per share. The sale represented 39% of the executive's directly-held shares before the disposition, and the stock remains near a 52-week low.
Why it matters — An insider sale of a significant portion of the CFO's holdings while the stock trades near a 52-week low may signal management sentiment and is relevant to SMR investors tracking the company's financial outlook.