SOLV Energy, Inc.·4

Jun 5, 4:40 PM ET

Jackson William C 4

Research Summary

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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.