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BKV Corp (BKV) insider reports RSU tax share withholding, holds 110,288 shares

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

BKV Corp executive, the Chief Corporate Development Officer, reported a routine share withholding related to equity compensation. On 01/01/2026, the company withheld 2,484 shares of common stock to cover tax obligations upon the vesting of previously granted restricted stock units. The shares were valued at $27.15 each for this tax settlement.

After this transaction, the officer beneficially owned 110,288 shares of BKV Corp common stock in direct form. The net share settlement for taxes was approved by the board of directors under Rule 16b-3, which is a standard mechanism that allows insiders to handle tax obligations on equity awards without triggering short-swing profit issues.

Positive

  • None.

Negative

  • None.
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*
Ngo Ethan

(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)
Chf Corporate Dev Officer
3. Date of Earliest Transaction (Month/Day/Year)
01/01/2026
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 01/01/2026 F 2,484(1) D $27.15 110,288 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 01/05/2026
** 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 in this Form 4?

The Chief Corporate Development Officer reported that 2,484 shares of BKV Corp common stock were withheld on 01/01/2026 to satisfy tax withholding obligations related to vested restricted stock units.

At what price were the BKV Corp shares withheld in the reported transaction?

The 2,484 shares of BKV Corp common stock were withheld at a price of $27.15 per share to cover tax obligations upon vesting of restricted stock units.

How many BKV Corp shares does the reporting officer own after this transaction?

Following the reported tax withholding transaction, the officer beneficially owned 110,288 shares of BKV Corp common stock in direct ownership.

Why were BKV Corp shares withheld from the officer on 01/01/2026?

The shares were withheld to satisfy tax withholding obligations arising from the vesting of restricted stock units previously granted to the officer.

Was the BKV insider tax withholding transaction board approved?

Yes. The net settlement related to the tax withholding on restricted stock unit vesting was approved by the board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934.

What is the reporting person’s role at BKV Corp in this Form 4?

The reporting person is an officer of BKV Corp, serving as the Chief Corporate Development Officer.
BKV Corp.

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2.52B
24.12M
80.09%
20.36%
1.1%
Oil & Gas E&P
Crude Petroleum & Natural Gas
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United States
DENVER