BKV Corp (NYSE: BKV) director receives 7,128 restricted stock units as compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BKV Corp director Kirana Limpaphayom received a grant of 7,128 restricted stock units as part of the company’s non-employee director compensation program. The award was made at a price of $0.00 per share and represents compensation, not an open-market purchase.
These restricted stock units will vest the day prior to BKV’s 2027 annual stockholder meeting, and each unit converts into one share of common stock upon settlement. After this grant, Limpaphayom holds 7,128 shares directly, with an additional 25,000 shares reported as indirectly owned through a spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Limpaphayom Kirana
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,128 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 7,128 shares (Direct, null);
Common Stock — 25,000 shares (Indirect, By Spouse)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 7,128 units
Grant price: $0.00 per share
Direct holdings after grant: 7,128 shares
+1 more
4 metrics
RSU grant size
7,128 units
Restricted stock units granted to director
Grant price
$0.00 per share
Compensation grant, not open-market purchase
Direct holdings after grant
7,128 shares
Common stock held directly following transaction
Indirect holdings by spouse
25,000 shares
Common stock reported as owned by spouse
Key Terms
restricted stock units, non-employee director compensation program, contingent right, indirect ownership
4 terms
restricted stock units financial
"Represents restricted stock units granted to the reporting person under the Issuer's non-employee director compensation program"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
non-employee director compensation program financial
"restricted stock units granted to the reporting person under the Issuer's non-employee director compensation program"
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of Common Stock."
indirect ownership financial
"total_shares_following_transaction 25000.0000, direct_or_indirect I, nature_of_ownership By Spouse"
FAQ
What did BKV (BKV) director Kirana Limpaphayom report in this Form 4?
The Form 4 reports that director Kirana Limpaphayom received 7,128 restricted stock units of BKV common stock as compensation. These units were granted at $0.00 per share and increase the director’s direct ownership to 7,128 shares, with additional indirect holdings through a spouse.
When do Kirana Limpaphayom’s BKV restricted stock units vest?
The 7,128 restricted stock units vest the day prior to BKV’s 2027 annual stockholder meeting. Vesting means the director’s right to receive common shares becomes non-forfeitable, with each vested unit delivering one share of BKV common stock at settlement.
What are Kirana Limpaphayom’s total BKV holdings after this Form 4?
After the reported grant, the director holds 7,128 BKV shares directly and 25,000 shares indirectly through a spouse. The indirect holdings are reported as “By Spouse,” indicating they are associated with a related person while still being attributed for beneficial ownership reporting.
What does each restricted stock unit represent in BKV’s Form 4?
Each restricted stock unit represents a contingent right to receive one share of BKV common stock. The units vest before the 2027 annual stockholder meeting, meaning the director will receive an equal number of common shares once vesting and settlement conditions are satisfied.