BKV Corp executive receives 27,643-share stock award

Jacobsen Eric S reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Jacobsen Eric S reported acquisition or exercise transactions in this Form 4 filing.

BKV Corp reported that President, Upstream Eric S. Jacobsen received a grant of 27,643 restricted stock units of common stock. These units were awarded at no cash cost to him and increase his direct holdings to 277,843 shares of common stock.

The restricted stock units were granted under the BKV Corporation 2024 Equity and Incentive Compensation Plan and vest in three equal annual installments beginning on March 10, 2027. Each unit represents a contingent right to receive one share of BKV common stock.

Insider Trade Summary

Grant/Award: 27,643 shares

Grant/Award 1 txn

Insider Jacobsen Eric S

Role President, Upstream

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	27,643	$0.00	$0.00

Holdings After Transaction: Common Stock — 277,843 shares (Direct)

Footnotes (1)

1. F1. Represents restricted stock units granted to the reporting person under the BKV Corporation 2024 Equity and Incentive Compensation Plan that vest in three equal annual installments beginning on March 10, 2027. Each restricted stock unit represents a contingent right to receive one share of common stock, par value $0.01 per share.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did BKV (BKV) disclose about Eric S. Jacobsen in this Form 4?

BKV disclosed that President, Upstream Eric S. Jacobsen received 27,643 restricted stock units of common stock. The grant was made under the BKV Corporation 2024 Equity and Incentive Compensation Plan as part of his equity-based compensation, with future vesting conditions attached.

How many BKV shares does Eric S. Jacobsen hold after this Form 4 transaction?

After the reported equity award, Eric S. Jacobsen directly holds 277,843 shares of BKV common stock. This figure includes the impact of the 27,643 restricted stock units granted in the transaction disclosed, reflecting his updated ownership position following the award.

What type of equity award did BKV (BKV) grant to Eric S. Jacobsen?

BKV granted Eric S. Jacobsen 27,643 restricted stock units of common stock. Each restricted stock unit represents a contingent right to receive one share of BKV common stock, subject to the specified vesting schedule under the company’s 2024 Equity and Incentive Compensation Plan.

What is the vesting schedule for Eric S. Jacobsen’s new BKV restricted stock units?

The 27,643 restricted stock units granted to Eric S. Jacobsen vest in three equal annual installments. Vesting begins on March 10, 2027, with additional installments on the following anniversaries, assuming continued satisfaction of the plan’s vesting conditions and any related service requirements.

Did Eric S. Jacobsen pay a purchase price for the BKV shares reported in this Form 4?

No purchase price was paid for these shares, as the transaction reflects a grant of restricted stock units at a price of $0.0000 per share. This indicates a compensation-related equity award rather than an open-market purchase of BKV common stock.

Under which plan were the new BKV restricted stock units granted to Eric S. Jacobsen?

The restricted stock units were granted under the BKV Corporation 2024 Equity and Incentive Compensation Plan. This plan provides equity-based incentives, such as restricted stock units, intended to align executive compensation with long-term shareholder interests through contingent rights to company common stock.

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Accepted by SEC EDGAR 03/12/2026 - 02:06 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Jacobsen Eric S

(Last) (First) (Middle)

1200 17TH STREET, SUITE 2100

(Street)

DENVER CO 80202

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BKV Corp [ BKV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, Upstream

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/10/2026		A		27,643(1)	A	$0	277,843	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents restricted stock units granted to the reporting person under the BKV Corporation 2024 Equity and Incentive Compensation Plan that vest in three equal annual installments beginning on March 10, 2027. Each restricted stock unit represents a contingent right to receive one share of common stock, par value $0.01 per share.

Remarks:

	/s/ Kathleen Lenox, attorney-in-fact	03/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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