Fluor Corporation Divests 13.5 Million Shares of NuScale Power Corp (SMR) via Subsidiary Sale

On April 13, 2026, Fluor Corporation and its subsidiaries filed Amendment No. 8 to their Schedule 13D regarding NuScale Power Corp (SMR). The filing reports a significant reduction in holdings following multiple transactions. Specifically, on April 9, 2026, Nuke Holdings, LLC (a wholly owned subsidiary of Fluor Enterprises) sold 13,500,000 shares of Class A Common Stock to Bank of America, N.A. at a price of $12.0665 per share. This transaction was executed pursuant to the Tranche A BofA Letter Agreement dated February 17, 2026. Additionally, the filing notes that NuScale Holdings Corp. fully exited its position after selling 463,747 shares of Class A Common Stock on February 26, 2026. Following these divestments, the Reporting Persons collectively hold 26,436,472 shares of Class A Common Stock, representing approximately 7.8% of the total outstanding shares (calculated based on the aggregate of Class A and Class B shares). This reflects a substantial decrease from previous reporting periods as the group continues to monetize its position in the issuer.