BKV (BKV) President Eric Jacobsen sells 25,000 shares in planned 10b5-1 trade

Rhea-AI Filing Summary

BKV Corp President, Upstream Eric S. Jacobsen reported an open-market sale of 25,000 shares of BKV common stock. The shares were sold on June 1, 2026 at a weighted average price of $26.8858 per share, in multiple trades between $26.31 and $27.12.

After this transaction, Jacobsen directly holds 227,843 BKV shares. The filing notes the sale was carried out under a pre-arranged Rule 10b5-1 trading plan adopted on November 11, 2025, indicating the trades were scheduled in advance rather than timed discretionarily.

Insider Trade Summary 10b5-1

Net Seller: 25,000 shares ($672,145)

Net Sell 1 txn

Insider Jacobsen Eric S

Role President, Upstream

Sold 25,000 shs ($672K)

Type	Security	Shares	Price	Value
Sale	Common Stock	25,000	$26.8858	$672K

Holdings After Transaction: Common Stock — 227,843 shares (Direct, null)

Footnotes (1)

1. The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 11, 2025. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $26.31 to $27.12, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Key Figures

Shares sold: 25,000 shares Weighted average price: $26.8858 per share Sale price range: $26.31–$27.12 per share +2 more

5 metrics

Shares sold 25,000 shares Open-market sale of common stock on June 1, 2026

Weighted average price $26.8858 per share Average sale price for the 25,000 shares

Sale price range $26.31–$27.12 per share Range of prices across multiple trades

Shares owned after sale 227,843 shares Direct holdings following the transaction

Trading plan adoption date November 11, 2025 Rule 10b5-1 plan governing the sale

Key Terms

Rule 10b5-1 trading plan, weighted average sale price, open-market sale, Form 4

4 terms

Rule 10b5-1 trading plan regulatory

"The reported transaction was effected pursuant to a Rule 10b5-1 trading plan"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

weighted average sale price financial

"The price reported in Column 4 is a weighted average sale price."

open-market sale financial

"transaction_action: open-market sale"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Form 4 regulatory

"This post-transaction holding reflects his remaining equity position as disclosed in the Form 4"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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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).

X

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 COLORADO 80202

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

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

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

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

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	06/01/2026		S(1)		25,000	D	$26.8858(2)	227,843	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. The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 11, 2025.

2. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $26.31 to $27.12, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Remarks:

	/s/ Kathleen Lenox, attorney-in-fact	06/01/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

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

BKV reported that Eric S. Jacobsen, President, Upstream, sold 25,000 shares of common stock in an open-market transaction. The sale occurred at a weighted average price of $26.8858 per share, executed in multiple trades within a specified price range.

At what prices did Eric S. Jacobsen sell BKV (BKV) shares?

Jacobsen’s BKV share sale was reported at a weighted average price of $26.8858 per share. According to the filing, individual trades were executed at prices ranging from $26.31 to $27.12 per share, inclusive, across multiple transactions on the same trading day.

How many BKV (BKV) shares does Eric S. Jacobsen hold after the reported sale?

After the reported sale, Eric S. Jacobsen directly holds 227,843 shares of BKV common stock. This post-transaction holding reflects his remaining equity position as disclosed in the Form 4, following the disposition of 25,000 shares in the open market.

Was the BKV (BKV) insider sale by Eric S. Jacobsen under a trading plan?

Yes. The filing states that Jacobsen’s sale was effected under a Rule 10b5-1 trading plan adopted on November 11, 2025. Such plans allow insiders to pre-schedule trades, helping separate routine portfolio management from discretionary, market-timed transactions.

What does the weighted average sale price mean in the BKV (BKV) Form 4?

The weighted average sale price of $26.8858 represents the average price across multiple trades in the transaction. The filing explains that shares were sold at individual prices between $26.31 and $27.12, and detailed price-by-trade information is available on request.