Changes in Beneficial Ownership · 4
SOLV Energy, Inc.
MWHNASDAQEQUITYCurrent
Changes in Beneficial Ownership
Structured filing — 4
ownership.xml
Filing details
- Report period
- 2026-08-19
- Issuer
- SOLV Energy, Inc.
- Issuer CIK
- 0002065636
- Trading symbol
- MWH
Reporting owner 1
- Name
- Deters Kevin J.
- Reporting owner CIK
- 0001674014
- Relationship
- Officer
- Officer title
- Chief Operating Officer
- Address
- C/O SOLV ENERGY, INC., 16680 WEST BERNARDO DRIVE, SAN DIEGO, CA, 92127
Derivative transactions
| Security | Conversion / exercise price (USD) | Transaction date | Code | Amount | A / D | Price (USD) | Exercisable | Expires | Underlying security | Underlying shares | Owned after | Ownership |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SOLV Energy Management Holdings LP Units | [F1][F2] | 2026-08-19 | S · Form 4 | 70,176[F3] | D | [F4] | [F1][F2] | [F1][F2] | Class A Common Stock | 70,176[F3] | 1,124,701 | D |
Table key
- S · Form 4
- Sale on the market or privately
- D
- Direct
Footnotes
- 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.↩ 1↩ 2↩ 3
- 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.↩ 1↩ 2↩ 3
- F3
- In accordance with the terms of the MH LPA and Opco LLCA, represents the required, automatic and non-discretionary pro rata redemption of 70,176 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.↩ 1↩ 2
- 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.↩ 1
Signature 1
- Signed
- /s/ Adam S. Forman, attorney-in-fact
- Date
- 2026-08-21
Company context
We are a leading provider of infrastructure services to the power industry, including engineering, procurement, construction, testing, commissioning, operations, maintenance and repowering. We have constructed more than 500 power plants representing over 21 GWdc of generating capacity since we were founded in 2008, and we currently provide, or are under contract to provide, O&M services under long-term agreements to 155 operating power plants representing nearly 22 GWdc of generating capacity. Engineering News Record ranks us the second largest solar contractor in the United States and the fifth largest contractor in power overall, based on 2024 and 2025 revenues, respectively. We also believe we are a leading builder of high-voltage substations in the southwestern United States.