Kimball Helena Elisabeth 4
4 · SOLV Energy, Inc. · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
SOLV Energy (MWH) CRO Helena Kimball Redeems 17,930 Units
What Happened
- Helena Elisabeth Kimball, Chief Revenue Officer of SOLV Energy, had 17,930 MH Units (derivative interests) automatically redeemed for cash on June 1, 2026. The redemption price equals the Follow‑On Offering public price net of underwriting discounts: $36.00 per unit, for total proceeds of approximately $645,480. This was a disposition to the issuer (derivative redemption), not an open‑market sale of Class A shares.
Key Details
- Transaction date: 2026-06-01; Form 4 filed: 2026-06-03.
- Price: $36.00 per MH Unit (public offering price net of underwriting discounts/commissions).
- Total proceeds: ~ $645,480 (17,930 × $36.00).
- Transaction code: D (disposition to the issuer — derivative redemption).
- Shares/units owned after transaction: not specified in the provided filing.
- Footnotes: Redemption was a required, automatic, non‑discretionary pro rata cash redemption of MH Units under the MH LPA and Opco LLCA in connection with a follow‑on offering by affiliates of American Securities LLC and the issuer. Upon redemption, an equal number of Opco LLC Interests were surrendered and an equal number of Class B common shares held by MH were cancelled.
- Filing timeliness: Form was filed two days after the transaction date (appears timely under Form 4 rules).
Context
- This was a contractually required redemption tied to the company’s follow‑on offering, not a discretionary sale by the insider. The economic effect was cash received for cancellation of MH Units and related underlying interests; it does not necessarily signal personal trading intent.
Insider Transaction Report
Form 4
Kimball Helena Elisabeth
Chief Revenue Officer
Transactions
- Disposition to Issuer
SOLV Energy Management Holdings LP Units
[F1][F2][F3][F4]2026-06-01−17,930→ 195,815 total→ Class A Common Stock (17,930 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 17,930 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