Jackson William C 4
4 · SOLV Energy, Inc. · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
SOLV Energy Director William C. Jackson Redeems 2,303 Units
What Happened
- William C. Jackson, a director of SOLV Energy, redeemed (disposed to the issuer) a total of 2,303 Opco LLC interests (454 directly held and 1,849 indirectly held) on June 4, 2026. Under the Opco LLC agreement, these interests were exchanged for cash at $36.00 per unit—the net public offering price—resulting in total proceeds of $82,908. An equal number of Class B common shares held by Mr. Jackson were surrendered to and cancelled by the issuer (Class B shares carry one vote each but no economic rights).
Key Details
- Transaction date: 2026-06-04; Form 4 filed 2026-06-05 (timely).
- Consideration: $36.00 per Opco LLC interest (net of underwriting discounts/commissions); total cash received $82,908 (2,303 × $36.00).
- Shares/units involved: 454 directly held Opco interests + 1,849 indirectly held = 2,303 redeemed.
- Resulting Class B shares: An equal number of Class B common shares were surrendered and cancelled as part of the redemption.
- Shares owned after the transaction: Not specified in the filing.
- Footnote context: The redemptions were effected in connection with the underwriters’ full exercise of their option in a follow-on offering by affiliates of American Securities LLC and SOLV Energy (prospectus dated May 28, 2026).
Context
- This was a redemption of Opco LLC interests for cash tied to a follow-on offering (not an open-market sale). The transaction converts non‑public Opco units into cash and cancels the insider’s corresponding Class B voting-only shares; it does not represent an acquisition of Class A economic shares. Such redemptions are routine mechanisms under SOLV’s LLC agreement and reflect the mechanics of the public offering and underwriters’ option exercise, not an open-market trade.
Insider Transaction Report
Form 4
Jackson William C
Director
Transactions
- Disposition to Issuer
SOLV Energy Holdings LLC Interests
[F1][F2][F3][F4]2026-06-04−454→ 32,604 total→ Class A Common Stock (454 underlying) - Disposition to Issuer
SOLV Energy Holdings LLC Interests
[F1][F2][F3][F4]2026-06-04−1,849→ 132,778 total(indirect: By Trust)→ Class A Common Stock (1,849 underlying)
Footnotes (4)
- [F1]Pursuant to the limited liability company agreement ("Opco LLCA") of SOLV Energy Holdings LLC ("Opco"), the Reporting Person is entitled to redeem common units of Opco ("Opco LLC Interests") 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 Opco LLCA. Upon a redemption of Opco LLC Interests, an equal number of shares of Class B common stock of the Issuer held by the Reporting Person will be surrendered to and cancelled by the Issuer for no additional consideration.
- [F2](Continued from footnote 1). Each share of Class B common stock entitles the Reporting Person to one vote per share but carries no economic rights. Opco LLC Interests do not have an expiration date.
- [F3]Represents the direct exchange for cash of 454 Opco LLC Interests directly held and 1,849 Opco LLC Interests indirectly held by the Reporting Person (and the cancellation of an equal number of shares of Class B common stock of the Issuer held by the Reporting Person) as a result of the full exercise of the underwriters' option to purchase additional shares of Class A common stock 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 Opco LLC Interest 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|2026-06-05