Nuscale POWER (SMR) executive compensation, 2026 proxy

John L. Hopkins, President and Chief Executive Officer, was paid $4.1M in 2025, up 19% from $3.4M the year before. The CEO-to-median-employee pay ratio was 23:1, on median employee pay of $180,332.

Filed
April 15, 2026
Annual meeting
May 29, 2026
Pay year
2025
Named executives
6
CEO total pay
$4.1M+19% vs prior year
CEO to median employee
23:1median $180,332
CEO pay in equity
71%$2.9M in awards
CEO Target Bonus %
100%Percentage of base salary
Maximum Bonus Payout
2XMaximum payout is 2X target
CEO Stock Awards
$2,899,987Granted in 2025
CEO Non-Equity Incentive
$512,785Earned under incentive plan

How Hopkins was paid

$4.1M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary15%Stock awards71%Non-equity incentive13%All other compensation1%

Named executive officers

ExecutiveTotal
John L. HopkinsPresident and Chief Executive Officer$4,084,073
R. Ramsey HamadyChief Financial Officer$1,871,123
Clayton ScottChief Commercial Officer$1,825,737
Shahram GhasemianChief Legal Officer & Corporate Secretary$1,793,360
Carl FisherChief Operating Officer$1,620,538
Jose ReyesChief Technology Officer$1,387,450

What changed and why

  • $4.1MCEO John L. Hopkins received total compensation of $4,084,073 in 2025, compared to $3,428,071 in 2024.
  • $180KThe CEO pay ratio was estimated to be 23 to 1 relative to the median employee total compensation of $180,332.
  • $633KIn 2025, the annual base salary for CEO John L. Hopkins was set at $632,615.
  • The compensation program utilizes base salary, annual cash incentive bonuses, and long-term equity awards.
  • Independent compensation consultant FW Cook advised the Compensation Committee and confirmed that compensation programs do not encourage excessive risk.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.