BKV Corp. SEC Filings

BKV Corp insider notice reports a proposed sale under Rule 144 of 15,000 common shares through Charles Schwab with an aggregate market value of $347,816, and lists prior sales by the same person totaling 40,187 shares during the past three months for gross proceeds of $660,491 across three transactions. The shares to be sold were acquired on 08/22/2024 as equity compensation (RSU/PSU) from BKV Corp. The filing includes the seller's representation that they are not aware of undisclosed material adverse information. The notice identifies the broker as Charles Schwab & Co., Inc. and the planned approximate sale date as 10/01/2025.

BKV Corporation announced a series of credit and acquisition-related transactions tied to its pending Bedrock acquisition that materially affect its borrowing capacity, reserves and pro forma operating profile. The amendments increase lender commitments to $800.0 million and raise the borrowing base to $1.0 billion, add Bedrock Production, LLC and subsidiaries as guarantors and collateral grantors, and temporarily waive an automatic borrowing-base reduction tied to the incurrence of up to $600.0 million of specified additional debt. Pro forma for the transactions, BKVs proved reserves rise from 4.5 Tcfe to 5.2 Tcfe and pro forma Adjusted EBITDAX for the trailing twelve months would be $339.6 million. BKV reports a pro forma net leverage ratio of 1.4x and cash/availability under the credit facility of approximately $824 million as of June 30, 2025.

BKV Corp insider filing reports that Lindsay B. Larrick, Chief Legal and Administrative Officer, sold 9,187 shares of common stock on 09/02/2025 under a Rule 10b5-1 plan. The weighted-average sale price was $23.1832, with individual sale prices ranging from $22.915 to $23.285. After the reported transactions, the reporting person beneficially owned 191,341 shares. The filing was submitted by an attorney-in-fact and discloses the 10b5-1 plan adoption date of November 22, 2024.

BKV Corporation (BKV) filed a Form 144 disclosing a proposed sale of 9,187 common shares through Charles Schwab & Co., to be executed on 09/02/2025, with an aggregate market value of $212,984 based on the filing. The shares were originally acquired as founders shares on 05/01/2020 from BKV Corp. The filing also reports three prior sales by the same seller in the past three months: 10,000 shares on 06/02/2025 for $216,485, 10,000 shares on 07/01/2025 for $231,307, and 10,000 shares on 08/12/2025 for $216,200. The form includes the statutory signature and representations required by Rule 144.

BKV Corporation (ticker: BKV) filed a Form 144 reporting a proposed sale of 10,000 common shares through Charles Schwab & Co., Inc. on the NYSE with an aggregate market value of $216,200. The filer shows 84,708,373 shares outstanding, and the shares to be sold were acquired as Founders Shares on 05/01/2020 from BKV Corp. The notice lists two prior sales in the past three months by Lindsay B Larrick: 10,000 shares sold on 06/02/2025 for $216,485 and 10,000 shares sold on 07/01/2025 for $231,307. The filer certifies no undisclosed material adverse information and includes broker details for the planned sale.

BKV Corporation reported a strong quarter with total revenues and other operating income of $322.0 million, driven by higher natural gas, NGL and oil sales of $199.7 million and significant net derivative gains of $112.2 million. The company recorded net income attributable to BKV of $104.6 million for the three months ended June 30, 2025, compared with a net loss of $59.7 million in the prior-year quarter, showing a financial turnaround concentrated in commodity results.

Liquidity and financing activity reflect operating cash flow of $98.8 million for the six months ended June 30, 2025, cash and equivalents of $21.4 million, a working capital deficit of $76.3 million, and long-term debt outstanding under the RBL Credit Agreement of $200.0 million. The company amended its RBL facility increasing the borrowing base to $850.0 million and elected commitment to $665.0 million. Strategic moves include formation of the BKV-CIP Joint Venture on May 8, 2025 to develop CCUS projects with a Class B member commitment up to $500.0 million. Capital expenditures for the six months totaled $123.7 million, and derivative positions and related hedge premiums (including $16.2 million of put option premiums) materially affected results and balance sheet derivative fair values.

Larrick Lindsay B, Chief Legal and Administrative Officer of BKV Corp (BKV) reported a sale of common stock executed on 08/12/2025 under a pre-established Rule 10b5-1 trading plan adopted on 11/22/2024. The report shows 10,000 shares sold at $21.62 per share, with the reporting person holding 200,528 shares following the transaction. The Form 4 was submitted by one reporting person and signed by an attorney-in-fact. This disclosure documents an insider liquidity event executed under an affirmative defense trading plan and the officer’s continuing direct ownership position in the company.

BKV Corporation entered a Membership Interest Purchase Agreement on August 7, 2025 to acquire 100% of Bedrock Production, LLC for an aggregate unadjusted purchase price of $370.0 million, with an economic effective date of July 1, 2025. The Purchase Price will be paid in a combination of cash and BKV common stock valued at up to $110.0 million (subject to adjustment); the stock portion is subject to a 60-day lock-up and registration rights. BKV deposited 10% of the unadjusted Purchase Price into escrow on August 8, 2025 to serve as an indemnity holdback.

BKV expects the transaction to close late in the third quarter or early in the fourth quarter of 2025, with remaining payments due by December 31, 2025. The company plans to fund cash consideration with cash on hand and borrowings under its reserve-based lending agreement. The Purchase Agreement is subject to customary closing conditions and termination rights. BKV also furnished its Q2 2025 earnings release and posted an investor presentation on its website on August 12, 2025.