Fluor Subsidiary Sells $150M in NuScale Shares, Exits 5% Ownership Threshold

summarizeSummary

Fluor's subsidiary, Nuke Holdings, sold 12.9 million shares of NuScale Power Class A Common Stock for $150.4 million, reducing its stake below 5% and marking its final Schedule 13D amendment.

check_boxKey Events

• Significant Share Sale

  Nuke Holdings, a subsidiary of Fluor, sold 12,936,472 shares of Class A Common Stock on April 15, 2026.

• Transaction Value

  The shares were sold at a price of $11.6293 per share, totaling approximately $150.4 million.

• Exit from 5% Ownership

  Following this sale, Fluor Corporation and its subsidiaries are no longer beneficial owners of more than five percent of NuScale's securities.

• Final 13D Amendment

  This filing represents Amendment No. 9 and is the final amendment to the Schedule 13D, indicating the completion of Fluor's reporting obligations as a significant shareholder.

auto_awesomeAnalysis

This filing details a significant sale of NuScale Power shares by Fluor's subsidiary, Nuke Holdings, which has now reduced its beneficial ownership below the 5% threshold. This transaction, valued at approximately $150.4 million, represents a substantial reduction in a major institutional investor's stake in NuScale. The declaration that Fluor is no longer required to file Schedule 13D indicates a significant shift in its investment posture and potential influence over the company. This follows a previous 13D/A filing on April 13, 2026, which reported a broader sale, with this amendment providing specific transaction details and the finality of Fluor's reporting obligation. Investors should note the continued reduction of a key early investor's position.