STOCK TITAN

BKV (NYSE: BKV) director awarded 7,128 restricted stock units in equity grant

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

Rhea-AI Filing Summary

MILLER CHARLES C III reported acquisition or exercise transactions in this Form 4 filing.

BKV Corp director Charles C. Miller III received a new equity grant in the form of restricted stock units. He was granted 7,128 restricted stock units of Common Stock at a price of $0.00 per unit under BKV’s non-employee director compensation program.

The units vest the day before BKV’s 2027 annual stockholder meeting, and each unit represents the right to receive one share of Common Stock upon vesting. Following this award, Miller directly holds 12,889 shares of Common Stock and indirectly holds 87,500 shares through the Miller/Allen Living Trust dated January 8, 2020.

Positive

  • None.

Negative

  • None.
Insider MILLER CHARLES C III
Role null
Type Security Shares Price Value
Grant/Award Common Stock 7,128 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 12,889 shares (Direct, null); Common Stock — 87,500 shares (Indirect, By Miller/Allen Living Trust dated January 8, 2020)
Footnotes (1)
  1. [object Object]
RSU grant size 7,128 restricted stock units Non-employee director compensation grant
Grant price per unit $0.00 per unit RSU award under compensation program
Direct holdings after grant 12,889 shares Common Stock directly owned after transaction
Indirect trust holdings 87,500 shares Common Stock held by Miller/Allen Living Trust
Vesting timing Day prior to 2027 annual meeting RSU vesting schedule
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
"granted to the reporting person under the Issuer's non-employee director compensation program that vest the day prior"
contingent right to receive one share financial
"Each restricted stock unit represents a contingent right to receive one share of Common Stock"
indirect ownership financial
"indirectly holds 87,500 shares through the Miller/Allen Living Trust dated January 8, 2020"
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SEC Form 4
FORM 4UNITED 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*
MILLER CHARLES C III

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/11/2026A7,128(1)A$012,889D
Common Stock87,500IBy Miller/Allen Living Trust dated January 8, 2020
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents restricted stock units granted to the reporting person under the Issuer's non-employee director compensation program that vest the day prior to Issuer's 2027 annual stockholder meeting. Each restricted stock unit represents a contingent right to receive one share of Common Stock.
Remarks:
/s/ Kathleen Lenox, attorney-in-fact06/12/2026
** Signature of Reporting PersonDate
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 did BKV (BKV) director Charles C. Miller III report in this Form 4?

Charles C. Miller III reported receiving 7,128 restricted stock units of BKV Common Stock as a grant. The award was made under BKV’s non-employee director compensation program and increases his direct equity-based interest in the company.

How many BKV (BKV) shares did Charles C. Miller III acquire in this transaction?

He acquired 7,128 restricted stock units, each representing one future share of BKV Common Stock. The grant price was $0.00 per unit, reflecting a compensation award rather than a market purchase of shares.

When do the newly granted BKV (BKV) restricted stock units vest?

The 7,128 restricted stock units vest on the day prior to BKV’s 2027 annual stockholder meeting. Vesting is contingent on the stated schedule, after which each unit converts into one share of Common Stock.

What are Charles C. Miller III’s BKV (BKV) direct share holdings after this award?

After the grant, Miller directly holds 12,889 shares of BKV Common Stock. This amount reflects his post-transaction direct ownership, separate from any indirect holdings through trusts or other entities.

What indirect BKV (BKV) holdings does Charles C. Miller III report?

He reports indirect ownership of 87,500 BKV Common Stock shares held by the Miller/Allen Living Trust dated January 8, 2020. These shares are reported as indirectly owned, reflecting trust-held interests associated with the director.

Is the BKV (BKV) Form 4 transaction a market purchase or compensation grant?

The filing shows a compensation grant of 7,128 restricted stock units at $0.00 per unit, not a market purchase. It is part of BKV’s non-employee director compensation program, rather than an open-market buy or sell transaction.