NuScale Power CFO Sells Shares to Cover Tax Obligations Amid Continued Stock Decline
On August 27, 2026, NuScale Power's Chief Financial Officer Robert Ramsey Hamady sold nearly 30,000 shares of the company as part of a non-discretionary transaction. The sale was executed to cover tax obligations arising from the vesting and settlement of restricted stock units (RSUs). Despite selling shares, his direct holdings increased due to more RSUs being vested than were sold for taxes. NuScale Power's stock has been underperforming, with a one-year total return of -72% as of August 2026. The company reported declining revenue and an expanded net loss in the second quarter compared to the previous year. NuScale is focused on commercializing its small modular reactor (SMR) technology but faces challenges in securing new contracts. The transaction does not reflect Hamady's personal view on the stock, as it was a standard procedure for tax obligations following RSU vesting.
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