BKV Corp (BKV) officer reports 767-share tax withholding from RSU vesting
Rhea-AI Filing Summary
BKV Corp's Chief Accounting Officer reported a routine share withholding tied to equity compensation. On 01/01/2026, 767 shares of common stock were withheld at $27.15 per share to cover tax obligations arising from the vesting of previously granted restricted stock units. After this net share settlement, the officer directly beneficially owned 16,203 shares of BKV Corp common stock. The transaction was approved by the company’s board of directors under Rule 16b-3, which governs insider transactions in connection with compensation plans.
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FAQ
What insider transaction did BKV (BKV) disclose in this Form 4?
The Chief Accounting Officer reported that 767 shares of BKV Corp common stock were withheld on 01/01/2026 to satisfy tax withholding on vested restricted stock units.
At what price were the BKV Corp shares withheld for taxes?
The 767 shares of BKV Corp common stock were withheld at a price of $27.15 per share to cover tax obligations.
How many BKV Corp shares does the reporting officer own after this transaction?
Following the tax withholding transaction, the Chief Accounting Officer directly beneficially owned 16,203 shares of BKV Corp common stock.
Why were BKV Corp shares withheld from the officer in this filing?
The shares were withheld to satisfy tax withholding obligations upon the vesting of previously granted restricted stock units of BKV Corp common stock.
Was the BKV Corp insider share withholding approved under Rule 16b-3?
Yes. The net settlement related to 767 shares was approved by BKV Corp’s board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934.
What is the role of the reporting person in BKV Corp?
The reporting person is an officer of BKV Corp, serving as the company’s Chief Accounting Officer, and filed this Form 4 as an individual reporting person.