CTO Reyes sold 66,000 shares across 2 tranches in July and October 2025 for $2.4M at avg $36.56; stock now $40.12
Reyes Jose N Jr executed two separate sales totaling 66,000 shares ($2.4M) at an average price of $36.56, reducing his holdings by 23.0% to 220,630 shares post-transaction. The sales occurred on 2025-07-01 (33,000 shares at $36.62) and 2025-10-01 (33,000 shares at $36.50), bracketing a multi-month period. The current stock price of $40.12 sits 9.8% above the blended average sale price, suggesting the CTO sold below the subsequent price trajectory, though his cross-ticker track record shows a 100.00% well-timed rate across 2 prior sells (average 90-day return of -5.6%), indicating a pattern of selling ahead of declines. At NuScale Power—a company generating $8.1M in quarterly revenue against a net loss of $17.6M and a $9.5B market cap—the concentrated sale by a C-suite technologist during a period of unprofitability may signal differing assessments of near-term execution risk versus longer-term thesis.