BKV SVP has shares withheld for taxes
BKV Corp senior vice president Lauren Read reported a tax-related share disposition.
Rhea-AI Filing Summary
BKV Corp senior vice president Lauren Read reported a tax-related share disposition. On March 3, 2026, 711 shares of common stock were withheld at $31.27 per share to cover tax obligations upon vesting of previously granted restricted stock units, leaving her with 79,424 directly owned shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 711 shares
Exercise Price or Tax Liability
1 txn
Insider
Read Lauren
Role
SVP, dCarbon Ventures
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 711 | $31.27 | $22K |
Holdings After Transaction:
Common Stock — 79,424 shares (Direct)
Footnotes (1)
- F1. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BKV (BKV) report for Lauren Read?
BKV reported that SVP Lauren Read had 711 common shares withheld to cover tax obligations. The shares related to vesting restricted stock units and were not an open-market sale, but a tax-withholding disposition approved under Rule 16b-3.
Was Lauren Read’s BKV (BKV) Form 4 transaction an open-market sale?
No. The Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by the company to satisfy tax obligations triggered when previously granted restricted stock units vested, as described in the accompanying footnote.
What is the transaction code used in Lauren Read’s BKV (BKV) Form 4?
The Form 4 uses transaction code “F,” indicating shares were withheld to pay taxes or exercise costs. Here, the code reflects shares withheld solely to meet tax withholding obligations upon the vesting of previously awarded restricted stock units.
What does the footnote in Lauren Read’s BKV (BKV) Form 4 explain?
The footnote explains that the 711 shares were withheld to satisfy tax withholding obligations on vesting restricted stock units. It also notes the net settlement was approved by BKV’s board of directors under Rule 16b-3 of the Securities Exchange Act.
AI-generated analysis. How Rhea-AI works. Not financial advice.