STOCK TITAN

BKV Corp (NYSE: BKV) president sells 25,000 shares in planned trade

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

BKV Corp President, Upstream Eric S. Jacobsen reported an open-market sale of 25,000 shares of BKV Common Stock on May 1, 2026. The shares were sold at a weighted average price of $30.9558 per share, in multiple trades between $30.7100 and $31.2650. After this transaction, he directly holds 252,843 shares of BKV Common Stock. The sale was executed under a pre-arranged Rule 10b5-1 trading plan, indicating it was scheduled in advance rather than timed opportunistically.

Positive

  • None.

Negative

  • None.
Insider Jacobsen Eric S
Role President, Upstream
Sold 25,000 shs ($774K)
Type Security Shares Price Value
Sale Common Stock 25,000 $30.9558 $774K
Holdings After Transaction: Common Stock — 252,843 shares (Direct, null)
Footnotes (1)
  1. The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 11, 2025. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $30.7100 to $31.2650, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Shares sold 25,000 shares Open-market sale of BKV Common Stock on May 1, 2026
Weighted average sale price $30.9558 per share Average price for 25,000 shares sold
Post-transaction holdings 252,843 shares Shares of BKV Common Stock held directly after sale
Sale price range $30.7100–$31.2650 per share Range of individual trade prices within the sale
Rule 10b5-1 trading plan regulatory
"The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sale price financial
"The price reported in Column 4 is a weighted average sale price"
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
SEC Form 4
FORM 4UNITED 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).
X
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*
Jacobsen Eric 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
President, Upstream
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/01/2026S(1)25,000D$30.9558(2)252,843D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 11, 2025.
2. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $30.7100 to $31.2650, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Remarks:
/s/ Kathleen Lenox, attorney-in-fact05/04/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did BKV (BKV) report for Eric S. Jacobsen?

BKV reported that Eric S. Jacobsen, its President, Upstream, sold 25,000 shares of Common Stock in an open-market transaction. The sale occurred at a weighted average price of $30.9558 per share and was executed under a pre-arranged Rule 10b5-1 trading plan.

At what prices were the BKV (BKV) shares sold in this Form 4 filing?

The reported 25,000 BKV shares were sold at a weighted average price of $30.9558 per share. According to the filing, the individual trades occurred in multiple transactions at prices ranging from $30.7100 to $31.2650, inclusive, within that overall sale.

How many BKV (BKV) shares does Eric S. Jacobsen hold after the reported sale?

Following the reported transaction, Eric S. Jacobsen directly holds 252,843 shares of BKV Common Stock. This post-transaction holding figure comes directly from the Form 4 and provides context for the size of the 25,000-share sale relative to his remaining ownership.

Was the BKV (BKV) insider sale by Eric S. Jacobsen part of a trading plan?

Yes. The filing states the sale was effected pursuant to a Rule 10b5-1 trading plan. Such plans allow insiders to pre-schedule trades in advance, meaning the transaction’s timing was predetermined rather than being a discretionary response to short-term market conditions.

What type of security was involved in Eric S. Jacobsen’s BKV (BKV) transaction?

The transaction involved BKV Corp Common Stock. The Form 4 shows a non-derivative open-market sale of 25,000 shares, with ownership reported as direct. No derivative securities, such as options or warrants, were listed as part of this particular insider transaction.