BKV Corp (BKV) Chief Accounting Officer adds 762 shares in ESPP buy

Rhea-AI Filing Summary

BKV Corp's Chief Accounting Officer reported buying company stock through an employee stock purchase plan. On 01/02/2026, the officer acquired 762 shares of BKV Corp common stock in a transaction classified as an acquisition. The shares were purchased at $18.8785 per share under the BKV Corporation Employee Stock Purchase Plan, which provides a price equal to 85% of the lesser of the closing price on July 1, 2025 or December 31, 2025 for the relevant offering period. After this transaction, the officer beneficially owns 16,970 shares of BKV Corp common stock, held directly. The transaction was reported as exempt under Rule 16b-3, and the filing notes that the reporting person is voluntarily reporting this purchase.

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
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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^*

Turcotte Barry S.

(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)
	Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
01/02/2026

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	01/02/2026		A(1)		762	A	$18.8785(2)	16,970	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. The shares were acquired under the BKV Corporation Employee Stock Purchase Plan ("ESPP") in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c). The reporting person is voluntarily reporting this transaction.

2. In accordance with the ESPP, these shares were purchased at a price equal to 85% of the lesser of (i) closing price of the Issuer's common stock on the first trading day of the offering period, July 1, 2025, or (ii) closing price of the Issuer's common stock on the last trading day of the offering period, December 31, 2025.

Remarks:

	/s/ Kathleen Lenox, attorney-in-fact	01/02/2026
	** 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 in this Form 4?

The Chief Accounting Officer of BKV Corp reported acquiring 762 shares of BKV common stock on 01/02/2026 in an employee stock purchase plan transaction.

At what price were the BKV Corp shares purchased in the reported transaction?

The 762 shares of BKV Corp common stock were purchased at a price of $18.8785 per share under the Employee Stock Purchase Plan.

How many BKV Corp shares does the insider own after this transaction?

Following the reported transaction, the Chief Accounting Officer beneficially owns 16,970 shares of BKV Corp common stock, held directly.

What is the role of the reporting person at BKV Corp?

The reporting person is an officer of BKV Corp, serving as the company’s Chief Accounting Officer.

How does the BKV Corp Employee Stock Purchase Plan determine the share purchase price?

Under the Employee Stock Purchase Plan, shares are bought at 85% of the lesser of (i) the closing price of BKV common stock on July 1, 2025 or (ii) the closing price on December 31, 2025 for that offering period.

Was the reported BKV Corp insider transaction exempt under SEC rules?

Yes. The filing states that the shares were acquired under the Employee Stock Purchase Plan in a transaction exempt under Rule 16b-3(d) and Rule 16b-3(c), and that the reporting person is voluntarily reporting this transaction.