BKV director receives 7,128 share award

MASHINSKI CARLA S reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

MASHINSKI CARLA S reported acquisition or exercise transactions in this Form 4 filing.

BKV Corp director Carla S. Mashinski received a grant of 7,128 restricted stock units of Common Stock under the company’s non-employee director compensation program. The units vest the day prior to BKV’s 2027 annual stockholder meeting, with each unit delivering one share upon vesting.

After this award, Mashinski directly holds 12,889 shares of BKV Common Stock. The grant was made at a stated price of $0.00 per share, reflecting that it is a compensation-related equity award rather than an open-market purchase.

Insider Trade Summary

Grant/Award: 7,128 shares

Grant/Award 1 txn

Insider MASHINSKI CARLA S

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	7,128	$0.00	$0.00

Holdings After Transaction: Common Stock — 12,889 shares (Direct)

Footnotes (1)

1. F1. Represents restricted stock units granted to the reporting person under the Issuer's non-employee director compensation program that vest the day prior to Issuer's 2027 annual stockholder meeting. Each restricted stock unit represents a contingent right to receive one share of Common Stock.

Key Figures

RSUs granted: 7,128 units Holding after grant: 12,889 shares Grant price: $0.00 per share +2 more

5 metrics

RSUs granted 7,128 units Restricted stock units granted to director on 2026-06-11

Holding after grant 12,889 shares Total BKV Common Stock directly held after transaction

Grant price $0.00 per share Stated price per share for the RSU award

Vesting timing Day before 2027 meeting RSUs vest the day prior to BKV’s 2027 annual stockholder meeting

Security type Common Stock Underlying security for the restricted stock units

Key Terms

restricted stock units, non-employee director compensation program, contingent right

3 terms

restricted stock units financial

"Represents restricted stock units granted to the reporting person under the Issuer's non-employee director compensation program"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

non-employee director compensation program financial

"granted to the reporting person under the Issuer's non-employee director compensation program that vest the day prior"

contingent right financial

"Each restricted stock unit represents a contingent right to receive one share of Common Stock"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did BKV (BKV) report for Carla S. Mashinski?

BKV reported that director Carla S. Mashinski received a grant of 7,128 restricted stock units of Common Stock as compensation. These units are part of the company’s non-employee director compensation program and will convert into shares if the vesting conditions are met.

How many restricted stock units did the BKV director receive in this Form 4?

The director received 7,128 restricted stock units of BKV Common Stock. Each unit represents a contingent right to receive one share, so the award can translate into 7,128 shares if vesting occurs as scheduled before the 2027 annual stockholder meeting.

When do Carla Mashinski’s BKV restricted stock units from this grant vest?

The restricted stock units are scheduled to vest on the day prior to BKV’s 2027 annual stockholder meeting. Vesting means the units convert into actual shares of Common Stock, provided that the specified conditions under the compensation program are satisfied.

Was the BKV Form 4 transaction an open-market purchase or a compensation grant?

The Form 4 shows a compensation-related grant, not an open-market purchase. The 7,128 units were awarded at a stated price of $0.00 per share under BKV’s non-employee director compensation program, reflecting an equity incentive rather than a cash-funded stock buy.

What is Carla Mashinski’s BKV share ownership after this Form 4 transaction?

Following this award, Carla Mashinski directly holds 12,889 shares of BKV Common Stock. This total includes the impact of the 7,128-unit restricted stock grant reported in the filing, giving investors a clearer view of her current direct equity stake in the company.

What does each restricted stock unit in the BKV grant represent?

Each restricted stock unit represents a contingent right to receive one share of BKV Common Stock. The rights become actual shares only when the vesting date is reached and relevant conditions in the non-employee director compensation program are satisfied.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/12/2026 - 02:50 PM Learn about SEC filing dates

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^*

MASHINSKI CARLA S

(Last) (First) (Middle)

1200 17TH STREET, SUITE 2100

(Street)

DENVER COLORADO 80202

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BKV Corp [ BKV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	06/11/2026		A		7,128(1)	A	$0	12,889	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 restricted stock units granted to the reporting person under the Issuer's non-employee director compensation program that vest the day prior to Issuer's 2027 annual stockholder meeting. Each restricted stock unit represents a contingent right to receive one share of Common Stock.

Remarks:

	/s/ Kathleen Lenox, attorney-in-fact	06/05/2026
	** 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.
* Form 4: SEC 1474 (03-26)