SOLV Energy (MWH) CRO Helena Kimball Sells 11,342 Shares
$MWH · SOLV Energy, Inc.Research Summary
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SOLV Energy (MWH) CRO Helena Kimball Sells 11,342 Shares
What Happened
Helena Kimball, Chief Revenue Officer of SOLV Energy (MWH), was the subject of an automatic, non‑discretionary pro rata redemption of 11,342 MH Units on August 19, 2026. The redemption was tied to SOLV/affiliated entity MH's sale of Class A common stock; the price per MH Unit was $27.77, for a total value of approximately $314,967 (about $315K). This filing reports a derivative sale/ disposition (Form 4 transaction code S) rather than a direct open‑market trade initiated personally by the officer.
Key Details
- Transaction date: 2026-08-19; Form 4 filed: 2026-08-21 (timely filing).
- Price per unit: $27.77; total value ≈ $314,967.34 (11,342 units × $27.77).
- Transaction type: S (sale/disposition) via automatic pro rata redemption of MH Units (derivative).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Notable footnotes:
- The redemption/exchange was governed by the MH LPA and Opco LLCA (automatic, pro rata).
- Upon redemption/exchange, matching Class B common stock held by MH were surrendered/cancelled; Class B shares carry voting but no economic rights.
- The MH Unit price is tied to the sale price of Class A common stock sold by MH (here $27.77).
Context
This was a derivative redemption tied to the issuer/affiliated holder (MH) selling Class A shares, not necessarily a discretionary sale by the CRO herself. Such automatic redemptions are common in partnership/holding structures and reflect structural mechanics (exchange/cancellation of units and Class B shares) rather than a straightforward insider decision to sell personal stock.