Abram J Adam 4

What Happened Abram J. Adam, a director of SOLV Energy, disposed of (redeemed) a total of 33,052 Opco LLC interests on June 1, 2026. The redemption consisted of 8,792 interests held directly and 24,260 interests held indirectly, exchanged for cash at a net price of $36.00 per interest (the Follow‑On Offering price), for a total cash value of $1,189,872. In connection with the redemption, an equal number (33,052) of the Issuer's Class B common shares held by Adam were surrendered and cancelled for no additional consideration. The Form 4 reports these as derivative dispositions (transaction code D).

Key Details

• Transaction date: 2026-06-01; Form 4 filed: 2026-06-03 (timely filing).
• Units redeemed: 8,792 direct + 24,260 indirect = 33,052 Opco LLC interests.
• Price: $36.00 per interest (net of underwriting discounts/commissions); total ≈ $1,189,872.
• Shares surrendered/cancelled: 33,052 Class B common shares (voting-only, no economic rights).
• Transaction code: D (Disposition to issuer — derivative redemption).
• Shares owned after transaction: not specified in the Form 4 (Opco LLC interests and remaining Class B holdings not disclosed).
• Footnotes: redemption occurred under the Opco LLC Agreement and was effected in connection with a public follow‑on offering by affiliates of American Securities LLC and the Issuer.

Context This was a cash redemption of Opco LLC interests tied to a public follow‑on offering (not an open‑market sale). Because Class B shares carry voting rights but no economic interest and were cancelled upon redemption, the transaction primarily reflects conversion/cash‑out mechanics under the company’s Opco LLCA rather than a typical executive sell signal.