Tax-withholding share disposition by BKV (BKV) senior vice president
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
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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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.
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.