Valleton Eric John 4
4 · SOLV Energy, Inc. · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
SOLV Energy (MWH) CTO Eric Valleton Redeems 52,413 Units
What Happened
- Eric Valleton (Chief Technology Officer) experienced an automatic, non‑discretionary redemption (disposition to the issuer) of 52,413 MH Units on June 1, 2026. The units were redeemed for cash at a price tied to the follow‑on offering price of $36.00 per share, for total proceeds of approximately $1,886,868. The Form 4 reports the transaction as a derivative disposition (price listed as N/A), with details provided in filing footnotes.
Key Details
- Transaction date: 2026-06-01; Form 4 filed: 2026-06-03 (timely).
- Units disposed: 52,413 MH Units; cash price per unit: $36.00 (per filing footnote); total ≈ $1,886,868.
- Transaction code: D (Disposition to issuer); treated as a derivative redemption rather than an open‑market sale.
- Shares/units owned after transaction: Not specified in the Form 4.
- Footnotes: Redemption was a required, pro rata automatic cash redemption tied to a public follow‑on offering (prospectus dated May 28, 2026). Upon redemption, corresponding Opco LLC Interests and Class B common stock held by related entities were surrendered/cancelled.
Context
- This was an automatic, contractual redemption of partnership/derivative interests in connection with a follow‑on offering — not an insider-initiated open‑market sale. Such redemptions are typically routine outcomes of LP/LLC agreements when public offerings occur and do not, by themselves, indicate managerial market timing or sentiment.
Insider Transaction Report
Form 4
Valleton Eric John
Chief Technology Officer
Transactions
- Disposition to Issuer
SOLV Energy Management Holdings LP Units
[F1][F2][F3][F4]2026-06-01−52,413→ 572,403 total→ Class A Common Stock (52,413 underlying)
Footnotes (4)
- [F1]Pursuant to the Limited Partnership Agreement ("MH LPA") of SOLV Energy Management Holdings LP ("MH") and limited liability company agreement ("Opco LLCA") of SOLV Energy Holdings LLC ("Opco"), the Reporting Person is indirectly entitled to redeem common units of Opco ("Opco LLC Interests") held by MH for, at the Issuer's election, shares of Class A common stock of the Issuer ("Class A common stock") on a one-for-one basis or, using proceeds from a substantially contemporaneous follow-on offering or secondary offering, a cash payment equal to the price per share of the Class A common stock net of any underwriting discounts or commissions paid in such offering, in each case in accordance with the terms of the MH LPA and the Opco LLCA.
- [F2](Continued from footnote 1) Upon a redemption of Opco LLC Interests by MH, an equal number of shares of Class B common stock of the Issuer held by MH will be surrendered to and cancelled by the Issuer for no additional consideration, and an equal number of limited partnership units in MH ("MH Units") held by the Reporting Person will be cancelled by MH. In accordance with the MH LPA, each share of Class B common stock held by MH entitles the Reporting Person to one vote per share but carries no economic rights. Opco LLC Interests and MH Units do not have an expiration date.
- [F3]In accordance with the terms of the MH LPA and Opco LLCA, represents the required, automatic and non-discretionary pro rata direct redemption for cash of 52,413 MH Units held by the Reporting Person (and the corresponding (i) surrender of an equal number of Opco LLC Interests held by MH and (ii) cancellation of an equal number of shares of Class B common stock of the Issuer held by MH) in connection with the public offering of Class A common stock by affiliates of American Securities LLC and the Issuer pursuant to the prospectus dated May 28, 2026, and accompanying registration statement on Form S-1 (File No. 333-296238), of the Issuer (the "Follow-On Offering").
- [F4]Represents a price per MH Unit equal to the public offering price in the Follow-On Offering of $36.00 per share of Class A common stock, net of underwriting discounts and commissions.
Signature
/s/ Adam S. Forman, attorney-in-fact|2026-06-03