SOLV Energy (MWH) CCO David Grubb Sells 149,258 Units

What Happened David Harold Grubb Jr., Chief Commercial Officer of SOLV Energy, had 149,258 MH Units (derivative units tied to SOLV) redeemed/disposed on 2026-08-19. The redemption price was tied to a Class A common share sale price of $27.77 per share, implying proceeds of roughly $4.145 million. The transaction is reported as a sale/disposition (code S) but reflects an automatic/non-discretionary pro rata redemption tied to a sale by SOLV’s affiliate (MH), not an independent open-market sell order by the insider.

Key Details

• Transaction date: 2026-08-19; Form 4 filed: 2026-08-21 (appears timely).
• Price used for valuation: $27.77 per MH Unit (equals the Class A share sale price).
• Amount: 149,258 MH Units redeemed — implied proceeds ≈ $4,144,895.
• Shares owned after transaction: not specified in this filing (the transaction canceled the reported MH Units and corresponding Class B shares held by MH).
• Important footnotes: redemption arose under the MH LPA and Opco LLCA as an automatic pro rata redemption in connection with MH’s sale of Class A stock; upon redemption, corresponding Class B shares held by MH were surrendered and MH Units held by the reporting person were cancelled. Each Class B share carries voting but no economic rights.

Context This was a derivative/unit redemption tied to the affiliate MH’s sale of Class A stock rather than a direct discretionary sale of exchange-listed Class A shares by the officer. Such redemptions frequently reflect contractual mechanics among the company’s owners and do not necessarily indicate the insider’s personal decision to liquidate beyond the agreed structure.