SOLV Energy Management Holdings LP 4

What Happened

• SOLV Energy Management Holdings LP (a reported 10% owner) disposed of 2,102,601 OpCo LLC interests on 2026-06-01. The interests were redeemed for cash in connection with SOLV Energy’s follow-on public offering; the filing treats this as a derivative disposition rather than a direct sale of Class A shares. The per-interest price (net of underwriting discounts/commissions) was $36.00, yielding approximately $75,693,636 in cash. An equal number of the Reporting Person’s Class B common shares were surrendered and cancelled for no additional consideration.

Key Details

• Transaction date: 2026-06-01; Form 4 filed 2026-06-03 (timely).
• Price: $36.00 per OpCo LLC interest (net of underwriting discounts/commissions).
• Quantity: 2,102,601 OpCo LLC interests redeemed; total cash ≈ $75.7M.
• Shares owned after transaction: not specified in the filing; the Reporting Person disclaims beneficial ownership except to the extent of any pecuniary interest (Footnote F6).
• Notable footnotes: redemption rights under the OpCo LLCA (F1); direct cash exchange tied to the Follow-On Offering (F3); Class B shares carry voting but no economic rights and were cancelled upon redemption (F2, F3); ASP Manager Corp. (general partner) has no pecuniary interest (F7).

Context

• This was a redemption of limited‑partner (OpCo) interests for cash in connection with a follow-on offering — an institutional liquidity event by a 10% owner, not a routine open‑market insider sale of Class A stock. The transaction cancelled matching Class B voting shares (which held voting but no economic rights). No options exercise, gifting, or 10b5-1 plan is indicated.