SOLV Energy CTO redeems 7,861 partnership units
SOLV Energy, Inc. Chief Technology Officer Eric John Valleton reported an automatic, non-discretionary disposition to the issuer of 7,861 SOLV Energy Management Holdings LP units.
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Form Type
4
Rhea-AI Filing Summary
SOLV Energy, Inc. Chief Technology Officer Eric John Valleton reported an automatic, non-discretionary disposition to the issuer of 7,861 SOLV Energy Management Holdings LP units. The redemption was made for cash at a price per MH Unit equal to the $36.00 public offering price of the Class A common stock in a follow-on offering, net of underwriting discounts and commissions. The transaction reflects required pro rata adjustments tied to the full exercise of underwriters' options, and Valleton continues to hold 564,542 MH Units after the disposition.
Insider Trade Summary
Disposition: 7,861 shares
Disposition
1 txn
Insider
Valleton Eric John
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | SOLV Energy Management Holdings LP Units | 7,861 | $0.00 | $0.00 |
Holdings After Transaction:
SOLV Energy Management Holdings LP Units — 564,542 contracts (Direct)
Footnotes (4)
- F1. Pursuant to the Limited Partnership Agreement ("MH LPA") of SOLV Energy Management Holdings LP ("MH") and limited liability company agreement ("Opco LLCA") of SOLV Energy Holdings LLC ("Opco"), the Reporting Person is indirectly entitled to redeem common units of Opco ("Opco LLC Interests") held by MH 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 MH LPA and the Opco LLCA.
- F2. (Continued from footnote 1) Upon a redemption of Opco LLC Interests by MH, an equal number of shares of Class B common stock of the Issuer held by MH will be surrendered to and cancelled by the Issuer for no additional consideration, and an equal number of limited partnership units in MH ("MH Units") held by the Reporting Person will be cancelled by MH. In accordance with the MH LPA, each share of Class B common stock held by MH entitles the Reporting Person to one vote per share but carries no economic rights. Opco LLC Interests and MH Units do not have an expiration date.
- F3. In accordance with the terms of the MH LPA and Opco LLCA, represents the required, automatic and non-discretionary pro rata direct redemption for cash of 7,861 MH Units held by the Reporting Person (and the corresponding (i) surrender of an equal number of Opco LLC Interests held by MH and (ii) cancellation of an equal number of shares of Class B common stock of the Issuer held by MH) 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 MH Unit 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.
Key Figures
MH Units disposed: 7,861 units
Price per MH Unit: $36.00
MH Units after transaction: 564,542 units
3 metrics
MH Units disposed
7,861 units
Automatic pro rata cash redemption in connection with follow-on offering
Price per MH Unit
$36.00
Equal to public offering price per Class A share, net of underwriting discounts and commissions
MH Units after transaction
564,542 units
Units held by Eric John Valleton following the redemption
Key Terms
Disposition to issuer, Limited Partnership Agreement, Opco LLC Interests, Follow-On Offering, +1 more
5 terms
Disposition to issuer financial
"transaction_code_description: Disposition to issuer"
Limited Partnership Agreement financial
"Pursuant to the Limited Partnership Agreement ("MH LPA") of SOLV Energy Management Holdings LP"
A limited partnership agreement is the legal rulebook that sets out how a limited partnership is run, naming who manages the business, how profits and losses are split, and what rights and responsibilities each partner has. For investors, it matters because it defines who makes decisions, how much liability they carry, how and when they can get their money back, and how returns are distributed—like a household budget and authority chart for a shared venture.
Opco LLC Interests financial
"redeem common units of Opco ("Opco LLC Interests") held by MH"
Follow-On Offering financial
"in connection with the public offering of Class A common stock ... (the "Follow-On Offering")"
A follow-on offering is when a company sells additional shares to the public after its initial stock listing to raise more cash. For investors it matters because the new shares increase the total number of shares outstanding, which can reduce each existing shareholder’s ownership share and earnings per share—similar to baking more loaves of bread after the first batch, which means each slice represents a slightly smaller piece of the whole; the funds raised can also support growth or pay debt.
Class B common stock financial
"shares of Class B common stock of the Issuer held by MH"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SOLV Energy (MWH) report for its CTO?
SOLV Energy CTO Eric John Valleton reported a required disposition of 7,861 MH Units. These SOLV Energy Management Holdings LP units were automatically redeemed for cash in connection with a follow-on Class A common stock offering and underwriters’ option exercise.
Was the SOLV Energy (MWH) CTO’s Form 4 transaction discretionary?
No, the transaction was described as required, automatic and non-discretionary. The redemption of 7,861 MH Units occurred pro rata under partnership and LLC agreements following the full exercise of underwriters’ options in a follow-on Class A common stock offering.
What price was used for the redeemed MH Units in SOLV Energy’s Form 4?
The MH Units used a price equal to $36.00 per Class A share. The filing notes a price per MH Unit equal to the public offering price of $36.00 per share of Class A common stock, net of underwriting discounts and commissions.
How many SOLV Energy Management Holdings LP units does the CTO hold after the transaction?
After the redemption, Eric John Valleton holds 564,542 MH Units. This remaining balance reflects his indirect economic interest after 7,861 MH Units were redeemed for cash in connection with the follow-on Class A common stock offering.
What role do Opco LLC Interests and Class B common stock play in this SOLV Energy structure?
Opco LLC Interests and Class B common stock link economic and voting rights. Opco LLC Interests represent economic ownership, while each Class B share provides one vote but no economic rights, with coordinated redemptions and cancellations under the partnership and LLC agreements.
How is the SOLV Energy (MWH) follow-on offering connected to the CTO’s MH Unit redemption?
The redemption was triggered by underwriters fully exercising their option in the follow-on offering. This caused an automatic pro rata cash redemption of MH Units, along with corresponding Opco LLC Interest surrenders and Class B common stock cancellations.
AI-generated analysis. How Rhea-AI works. Not financial advice.
