Tonnel, chief accounting officer at Nuscale Power, sells $27k in stock
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try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Oil rises as de-escalation hopes fade; Trump says Iran let 10 ships through Hormuz Iran conflict latest: Trump says Iranian negotiators "begging" for peace deal Gold dip looks like a buy as central banks step in, Barclays tells investors Gold drops amid mixed signals on U.S.-Iran de-escalation efforts (South Africa Philippines Nigeria) Tonnel, chief accounting officer at Nuscale Power, sells $27k in stock By Insider Trading Published 03/26/2026, 04:07 PM Tonnel, chief accounting officer at Nuscale Power, sells $27k in stock 0 SMR -5.99% Nuscale Power Corp (NYSE:SMR) Chief Accounting Officer David A. Tonnel sold 2,290 shares of Class A Common Stock on March 25, 2026, at a price of $11.845, totaling $27,125. The sale came as the stock trades near its 52-week low of $11.08, with shares currently at $10.99 after declining 69% over the past six months. According to a Form 4 filing with the Securities and Exchange Commission, Tonnel also exercised 9,710 Restricted Stock Units on March 24, 2026. These units convert into Class A Common Stock on a one-for-one basis. The sales reported were to cover tax withholding obligations related to the vesting of restricted stock units. Following the sale, Tonnel directly owns 7,420 shares of Nuscale Power Corp. According to InvestingPro analysis, the stock appears undervalued at current levels, placing it among stocks on the Most Undervalued watchlist. For deeper insights, investors can access a comprehensive Pro Research Report covering SMR and 1,400+ other US equities. In other recent news, NuScale Power Corporation has made several notable moves. The company announced an expanded partnership with Framatome to include European facilities for fuel fabrication, enhancing its capacity to supply fuel assemblies for both European and U.S. customers. Additionally, NuScale Power has entered a collaborative research program with Ebara Elliott Energy to develop a high-temperature steam...
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