SOLV Energy director exchanges 464 Opco units
SOLV Energy, Inc. director Daniel P. McQuade reported a disposition of SOLV Energy Holdings LLC Interests.
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Form Type
4
Rhea-AI Filing Summary
SOLV Energy, Inc. director Daniel P. McQuade reported a disposition of SOLV Energy Holdings LLC Interests. He transferred 464 Opco LLC Interests back to the issuer for cash equal to the $36.00 per-share public offering price of Class A common stock, net of underwriting discounts. Following the transaction, he holds 33,317 Opco LLC Interests, with a corresponding cancellation of 464 shares of Class B common stock that carried voting but no economic rights.
Insider Trade Summary
Disposition: 464 shares
Disposition
1 txn
Insider
McQuade Daniel P
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | SOLV Energy Holdings LLC Interests | 464 | $0.00 | $0.00 |
Holdings After Transaction:
SOLV Energy Holdings LLC Interests — 33,317 contracts (Direct)
Footnotes (4)
- F1. Pursuant to the limited liability company agreement ("Opco LLCA") of SOLV Energy Holdings LLC ("Opco"), the Reporting Person is entitled to redeem common units of Opco ("Opco LLC Interests") 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 Opco LLCA. Upon a redemption of Opco LLC Interests, an equal number of shares of Class B common stock of the Issuer held by the Reporting Person will be surrendered to and cancelled by the Issuer for no additional consideration.
- F2. (Continued from footnote 1). Each share of Class B common stock entitles the Reporting Person to one vote per share but carries no economic rights. Opco LLC Interests do not have an expiration date.
- F3. Represents the direct exchange for cash of 464 Opco LLC Interests held by the Reporting Person (and the cancellation of an equal number of shares of Class B common stock of the Issuer held by the Reporting Person) 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 Opco LLC Interest 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
Opco LLC Interests disposed: 464 interests
Price per interest: $36.00 per interest
Holdings after transaction: 33,317 Opco LLC Interests
+1 more
4 metrics
Opco LLC Interests disposed
464 interests
Issuer disposition linked to follow-on Class A offering
Price per interest
$36.00 per interest
Equal to public offering price of Class A common stock, net of underwriting discounts
Holdings after transaction
33,317 Opco LLC Interests
Total SOLV Energy Holdings LLC Interests held by reporting person after disposition
Class B shares cancelled
464 shares
Class B common stock surrendered and cancelled with no additional consideration
Key Terms
Opco LLC Interests, Class B common stock, Follow-On Offering, underwriters' option, +1 more
5 terms
Opco LLC Interests financial
"Represents the direct exchange for cash of 464 Opco LLC Interests held by the Reporting Person"
Class B common stock financial
"an equal number of shares of Class B common stock of the Issuer held by the Reporting Person will be surrendered"
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.
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.
underwriters' option financial
"as a result of the full exercise of the underwriters' option to purchase additional shares"
An underwriters' option is a short-term right given to the banks handling a new stock or bond sale to buy extra shares from the issuer, usually up to a fixed percentage, to stabilize the price after the offering. For investors this acts like a safety valve: it can reduce wild price swings by allowing underwriters to add or return shares as demand changes, which helps prevent a newly issued security from falling or spiking sharply.
public offering price financial
"Represents a price per Opco LLC Interest equal to the public offering price in the Follow-On Offering of $36.00 per share"
The public offering price is the amount of money a company charges investors to buy its shares during a new stock sale to the public. It determines how much the company raises and how much each share is worth at the start of trading. For investors, it helps gauge the initial value of the stock and whether it might be a good investment opportunity.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SOLV Energy (MWH) director Daniel P. McQuade report?
Daniel P. McQuade reported disposing of 464 SOLV Energy Holdings LLC Interests to the issuer. The transaction was structured as an issuer disposition tied to a follow-on Class A common stock offering, with a corresponding cancellation of 464 shares of Class B common stock.
At what price were the 464 Opco LLC Interests effectively exchanged in the SOLV Energy (MWH) Form 4?
The 464 Opco LLC Interests were exchanged for cash equal to the $36.00 public offering price per share of Class A common stock. This amount was net of underwriting discounts and commissions, matching the price used in the related follow-on public offering.
How many SOLV Energy Holdings LLC Interests does Daniel P. McQuade hold after this Form 4 transaction for MWH?
After the transaction, Daniel P. McQuade holds 33,317 SOLV Energy Holdings LLC Interests. This reflects the issuer disposition of 464 interests for cash tied to the follow-on offering price and the related cancellation of an equal number of Class B common shares.
How is the SOLV Energy (MWH) Form 4 transaction connected to the follow-on Class A offering?
The disposition reflects a direct cash exchange of 464 Opco LLC Interests in connection with the full exercise of the underwriters’ option to purchase additional Class A shares. Cash paid equaled the $36.00 offering price per share, net of underwriting discounts and commissions.
What happened to Daniel P. McQuade’s Class B common stock in the SOLV Energy (MWH) Form 4 event?
An equal number of 464 Class B common shares were surrendered to and cancelled by the issuer. Each Class B share provided one vote but no economic rights, so the cancellation mainly affected voting power associated with the exchanged Opco LLC Interests.
AI-generated analysis. How Rhea-AI works. Not financial advice.
