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Tax-withholding share disposition by BKV (BKV) senior vice president

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

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.

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Insider Read Lauren
Role SVP, dCarbon Ventures
Type Security Shares Price Value
Tax Withholding Common Stock 711 $31.27 $22K
Holdings After Transaction: Common Stock — 79,424 shares (Direct)
Footnotes (1)
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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*
Read Lauren

(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)
SVP, dCarbon Ventures
3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026
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 03/03/2026 F 711(1) D $31.27 79,424 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/ Grant Jones, attorney-in-fact 03/04/2026
** 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 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.

How many BKV (BKV) shares were withheld from Lauren Read for taxes?

A total of 711 BKV common shares were withheld to satisfy tax obligations. The withholding occurred upon vesting of restricted stock units previously reported, with the transaction price listed as $31.27 per share in the Form 4 filing.

How many BKV (BKV) shares does Lauren Read own after this Form 4 event?

After the tax-withholding disposition, Lauren Read directly owns 79,424 BKV common shares. This figure, disclosed in the Form 4, reflects her direct holdings following the 711-share withholding tied to the vesting of restricted stock units.

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.