SOLV Energy insider’s 4,733 units auto-redeemed
SOLV Energy, Inc. (MWH) reported that Ronald B. Stark, EVP and CAO, had 4,733 SOLV Energy Management Holdings LP Units (MH Units) redeemed and disposed of on 2026-08-19.
Rhea-AI Filing Summary
SOLV Energy, Inc. (MWH) reported that Ronald B. Stark, EVP and CAO, had 4,733 SOLV Energy Management Holdings LP Units (MH Units) redeemed and disposed of on 2026-08-19. The transaction was a required, automatic and non-discretionary pro rata redemption linked to a sale of Class A common stock by SOLV Energy Management Holdings LP. The price was $27.77 per MH Unit, and Stark now holds 75,856 MH Units directly. The redeemed MH Units corresponded to an equal number of Opco LLC Interests and Class B common shares that were simultaneously exchanged or cancelled.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | SOLV Energy Management Holdings LP Units F1, F2, F3, F4 | 4,733 | -- | -- |
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 or direct exchange 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 redemption of 4,733 MH Units held by the Reporting Person (and the corresponding (i) direct exchange of an equal number of Opco LLC Interests held by MH and (ii) the cancellation of an equal number of shares of Class B common stock of the Issuer held by MH) in connection with the sale of Class A common stock by MH.
- F4. Represents a price per MH Unit equal to the sale price of $27.77 per share of Class A common stock sold by MH.
Key Figures
Key Terms
Limited Partnership Agreement financial
Opco LLC Interests financial
Class B common stock financial
automatic and non-discretionary pro rata redemption financial
FAQ
What insider transaction did MWH disclose for Ronald B. Stark?
Was Ronald B. Stark’s MWH transaction discretionary or automatic?
What happens to Class B common stock and MH Units in these MWH redemptions?
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