BKV Corp (NYSE: BKV) officer shifts 45,839 shares in marital asset division
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BKV Corp Chief Legal and Admin Officer Larrick Lindsay B reported a non-market share transfer. On this Form 4, 45,839 shares of common stock were transferred to a former spouse without consideration as part of a comprehensive division of marital assets. Following this transfer, the reporting person no longer has beneficial ownership of those shares and now directly holds 93,925 shares of BKV Corp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Larrick Lindsay B
Role
Chief Legal and Admin Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 45,839 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 93,925 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares transferred: 45,839 shares
Post-transaction holdings: 93,925 shares
2 metrics
Shares transferred
45,839 shares
Common Stock transfer coded as other transaction (J)
Post-transaction holdings
93,925 shares
Common Stock directly held after transfer
Key Terms
beneficial ownership, division of marital assets, Form 4
3 terms
beneficial ownership financial
"the reporting person no longer has beneficial ownership of the transferred shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
division of marital assets financial
"as part of a comprehensive division of marital assets"
Form 4 regulatory
"INSIDER FILING DATA (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.
FAQ
What insider transaction did BKV (BKV Corp) report on this Form 4?
BKV reported that Chief Legal and Admin Officer Larrick Lindsay B transferred 45,839 shares of common stock to a former spouse. The transfer occurred without consideration as part of a comprehensive division of marital assets, reducing the officer’s directly held shares.