AMERICAN SECURITIES LLC 4

What Happened
American Securities LLC (reporting on behalf of related ASP entities; a 10% owner) disposed of economic interests in SOLV Energy on June 1, 2026 in connection with the company’s follow‑on public offering. The filing shows: 7,698,410 shares of Class A common stock sold and 4,851,766 Opco LLC interests exchanged for cash (treated as derivative dispositions). The price reported for the transactions equals the follow‑on offering price of $36.00 per share (net of underwriting discounts), implying total proceeds of roughly $451.8 million.

Key Details

• Transaction date: June 1, 2026; Form 4 filed June 3, 2026 (timely filing).
• Securities: 7,698,410 Class A common shares (sale) and 4,851,766 Opco LLC interests (derivative redemption for cash).
• Price: $36.00 per share (public offering price net of underwriting discounts) per footnote.
• Estimated combined proceeds: ≈ $451.8 million (7,698,410 + 4,851,766) × $36.
• Context of sale: Transactions occurred in connection with SOLV’s follow‑on offering (prospectus dated May 28, 2026). Opco LLC interests were redeemed for cash and an equal number of Class B shares held by those entities were cancelled.
• Ownership disclosure: American Securities and affiliated entities are listed as reporting persons; they disclaim beneficial ownership except to the extent of pecuniary interest. This Form 4 is one of two filings split for EDGAR limits.

Context
These disposals were institutional transactions tied to a public follow‑on offering and an Opco‑interest cash redemption—not a routine executive sale or option exercise. For retail investors: institutional redemptions tied to offerings are normal liquidity events and do not, by themselves, indicate management trading sentiment.