[Form 4] NV5 Global, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Director William D. Pruitt has reported the automatic disposition of a total of 84,564 NVEE common shares on 08/04/2025. The shares—held directly and through three related trusts/partnerships—were converted under the May 14 2025 Agreement and Plan of Merger whereby each NV5 Global share became entitled to 1.1523 shares of Acuren common stock plus $10 in cash. Because consideration was delivered by the acquirer, the Form 4 lists transaction code “D” at a price of $0. The filing reflects the Company’s 4-for-1 stock split effective 10/11/2024 and shows no remaining NVEE share ownership; Mr. Pruitt expressly disclaims beneficial ownership of the reported securities.

Positive

• None.

Negative

• Director’s entire NVEE position disposed, ending insider equity alignment, although this is merger-driven rather than discretionary selling.

Insights

Securities Analyst

TL;DR: Routine merger-related conversion; insider no longer holds NVEE, impact neutral for valuation.

The Form 4 documents a mechanical share disposition driven by the NV5-Acuren merger, not an open-market sale. While 84,564 shares appear to leave insider hands, they are effectively exchanged for Acuren equity and cash, so there is no bearish signal about NVEE’s standalone prospects. Post-merger, NVEE stock ceases to exist, making continued insider alignment moot. No price discovery or liquidity impact occurs, and the filing conveys no new financial metrics; therefore, investor impact is minimal.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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X

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Pruitt William D

(Last) (First) (Middle)

200 SOUTH PARK RD.

SUITE 350

(Street)

HOLLYWOOD FL 33021

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NV5 Global, Inc. [ NVEE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/04/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/04/2025		D		2,000(4)	D	(3)	0	I	Ileana O Pruitt Living Trust(1)
Common Stock	08/04/2025		D		32,000(4)	D	(3)	0	D
Common Stock	08/04/2025		D		564(4)	D	(3)	0	I	The William D. Pruitt Jr. Living Trust
Common Stock	08/04/2025		D		50,000(4)	D	(3)	0	I	Pruitt Enterprises LP(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Mr. Pruitt disclaims beneficial ownership of the securities indicated, and the reporting herein of such securities, shall not be construed as an admission that the undersigned is the beneficial owner thereof for purposes of Section 16 or for any other purpose.

2. Mr. Pruitt is the President of Pruitt Ventures, Inc. which is the general partner of Pruitt Enterprises, LP and has voting and dispositive power with respect to these shares. Mr. Pruitt disclaims beneficial ownership except to the extent of any indirect pecuniary interest therein.

3. Pursuant to the Agreement and Plan of Merger, dated as of May 14, 2025 (the "Merger Agreement"), by and among NV5 Global, Inc. (the "Company"), Acuren Corporation ("Acuren"), Ryder Merger Sub I, Inc. and Ryder Merger Sub II, Inc., each outstanding share of common stock of the Issuer was converted into the right to receive 1.1523 shares of Acuren common stock per share and $10.00 in cash per share (together, the "Merger Consideration"). In addition, pursuant to the Merger Agreement, any outstanding restricted stock units of NV5 held by the Reporting Person automatically vested in full in accordance with its terms immediately prior to the effective time of the mergers and converted into the right to receive the Merger Consideration, less applicable tax withholdings.

4. NV5 Global, Inc.'s, Board of Directors authorized a 4-for-1 stock split of its common stock, effective on a split-adjusted basis on October 11, 2024. The securities beneficially owned following this reported transaction accounts for this 4-for-1 stock split.

	/s/ MaryJo OBrien, as attorney in fact	08/06/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

Why did William D. Pruitt dispose of NVEE shares on 08/04/2025?

The shares were automatically converted under the NV5 Global–Acuren merger, not sold on the open market.

How many NVEE shares were reported as disposed in the Form 4?

84,564 shares across four accounts were listed with transaction code “D.”

What consideration did NVEE shareholders receive in the Acuren merger?

Each NVEE share converted into 1.1523 Acuren shares plus $10 in cash.

Does William D. Pruitt retain any NVEE shares after the transaction?

No. The filing indicates zero remaining NVEE ownership and a disclaimer of beneficial ownership.

How does the 4-for-1 stock split affect the share numbers in this filing?

All share amounts already reflect the split-adjusted totals effective 10/11/2024.