SOLV Energy, Inc.·4

Jun 5, 4:40 PM ET

Pearson Brandi Michelle 4

Research Summary

AI-generated summary

Updated

SOLV Energy (MWH) CPO Brandi Pearson Redeems Units for Cash

What Happened
Brandi Michelle Pearson, Chief People Officer of SOLV Energy, had 6,059 MH Units (derivative interests) automatically redeemed for cash on June 4, 2026. The redemption price was $36.00 per unit (the net public offering price in the follow-on offering), resulting in proceeds of approximately $218,124. This was recorded as a disposition of a derivative security (transaction code D) and was non‑discretionary — an automatic pro rata redemption tied to the underwriters’ full exercise of their option in the follow-on offering.

Key Details

  • Transaction date: 2026-06-04; Form 4 filed: 2026-06-05 (timely filing).
  • Quantity redeemed: 6,059 MH Units; price per unit: $36.00; approximate proceeds: $218,124.
  • Transaction type: Disposition of derivative security (D) — automatic pro rata redemption for cash.
  • Shares owned after transaction: Not specified in the provided filing details.
  • Notable footnotes: Redemption was required and automatic under the MH LPA and Opco LLCA due to the full exercise of the underwriters’ option in the follow-on offering; corresponding Class B common shares held by MH were surrendered and MH Units cancelled.

Context
This was a derivative redemption tied to a follow-on offering by the company and affiliates — essentially a contractual, automatic conversion/cash-out of partnership units rather than an independent open‑market sale by the insider. Such redemptions commonly occur as part of financing transactions and do not necessarily reflect the insider’s personal trading decision.