BKV Corp (BKV) executive reports 3,952-share tax-withholding transaction

Rhea-AI Filing Summary

BKV Corp officer Eric S. Jacobsen, President, Upstream, reported a tax-related share disposition. On this Form 4, 3,952 shares of common stock were withheld at $31.27 per share to satisfy tax obligations upon the vesting of previously granted restricted stock units. After this withholding, he directly holds 250,200 common shares. The net settlement was approved by the board of directors under Rule 16b-3.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Jacobsen Eric S

Role President, Upstream

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	3,952	$31.27	$124K

Holdings After Transaction: Common Stock — 250,200 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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)
03/03/2026

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	03/03/2026		F		3,952(1)	D	$31.27	250,200	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 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.

Remarks:

	/s/ Kathleen Lenox, attorney-in-fact	03/04/2026
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did BKV (BKV) report for Eric S. Jacobsen?

BKV reported that executive Eric S. Jacobsen had 3,952 common shares withheld to cover taxes on vested restricted stock units. This was a tax-withholding disposition, not an open-market trade, and it adjusted his holdings without generating cash proceeds from a sale.

How many BKV (BKV) shares were involved in Eric Jacobsen’s Form 4 filing?

The Form 4 shows 3,952 shares of BKV common stock were withheld. These shares satisfied tax withholding obligations tied to the vesting of previously reported restricted stock units, as approved by the company’s board of directors under Rule 16b-3 rules.

What price was used for the BKV (BKV) tax-withholding disposition?

The shares were valued at $31.27 per share for the tax-withholding disposition. This price is used to calculate the value of shares withheld to cover tax obligations arising from the vesting of restricted stock units granted to the executive.

How many BKV (BKV) shares does Eric Jacobsen own after this transaction?

After the tax-withholding disposition, Eric S. Jacobsen directly holds 250,200 shares of BKV common stock. This figure reflects his updated direct ownership following the withholding of 3,952 shares to satisfy tax obligations on vested restricted stock units.

Was Eric Jacobsen’s BKV (BKV) transaction an open-market sale or a tax withholding?

The transaction was a tax withholding, not an open-market sale. Shares were withheld to satisfy tax obligations when restricted stock units vested, under a net settlement structure approved by BKV’s board pursuant to Rule 16b-3 of the Securities Exchange Act.

What does the Form 4 footnote say about BKV (BKV) shares withheld for Eric Jacobsen?

The footnote explains that the shares were common stock withheld to satisfy tax withholding obligations on vested restricted stock units. It notes this net settlement was approved by BKV’s board of directors under Rule 16b-3 of the Securities Exchange Act of 1934.