BKV Corp CEO reports tax-related share withholding of company stock
BKV Corp reported an insider equity transaction by its Chief Executive Officer and director.
Rhea-AI Filing Summary
BKV Corp reported an insider equity transaction by its Chief Executive Officer and director. On 01/01/2026, 6,611 shares of common stock were withheld at a price of $27.15 per share to cover tax obligations when previously reported restricted stock units vested. After this tax withholding, the reporting person beneficially owns 1,243,094 shares of BKV common stock directly and 875,754 shares indirectly through a spouse. The net share settlement was approved by the board of directors under Rule 16b-3 of the Securities Exchange Act of 1934.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 6,611 | $27.15 | $179K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Represents shares of common stock, par value $0.01 per share ("Common Stock"), withheld to satisfy tax withholding obligations upon the vesting of restricted stock units previously reported on Form 4. This net settlement was approved by the board of directors of the Issuer pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BKV (BKV) disclose in this filing?
The filing shows that 6,611 shares of BKV Corp common stock were withheld on 01/01/2026 to satisfy tax withholding obligations related to the vesting of previously reported restricted stock units.
Who is the reporting person in this BKV (BKV) insider transaction?
The reporting person is a director and Chief Executive Officer of BKV Corp, as indicated in the relationship section of the filing.
Was the BKV (BKV) insider tax withholding approved under a specific rule?
Yes. The filing states that the net share settlement was approved by the board of directors of BKV Corp pursuant to Rule 16b-3 under the Securities Exchange Act of 1934.
AI-generated analysis. How Rhea-AI works. Not financial advice.