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Director Sunit S. Patel receives 7,128 RSUs at BKV Corp (BKV)

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

Rhea-AI Filing Summary

PATEL SUNIT S reported acquisition or exercise transactions in this Form 4 filing.

BKV Corp director Sunit S. Patel received a stock-based compensation award. He was granted 7,128 restricted stock units of BKV Corp common stock at no cash cost under the company’s non-employee director compensation program.

The units vest the day before BKV Corp’s 2027 annual stockholder meeting, and each unit represents a contingent right to receive one share of common stock. Following this grant, Patel directly holds 62,889 shares of BKV Corp common stock.

Positive

  • None.

Negative

  • None.
Insider PATEL SUNIT S
Role null
Type Security Shares Price Value
Grant/Award Common Stock 7,128 $0.00 --
Holdings After Transaction: Common Stock — 62,889 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 7,128 restricted stock units Award to director Sunit S. Patel on 2026-06-11
Grant price $0.00 per share Compensation grant, not an open-market purchase
Post-transaction holdings 62,889 shares Common stock directly owned after the award
Vesting timing Day prior to 2027 annual meeting Vesting schedule for the 7,128 restricted stock units
Share-to-RSU ratio 1 share per RSU Each restricted stock unit converts into one common share
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"
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Form 4 Insider Transactions: What Each Field Means →
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).
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*
PATEL SUNIT 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)
XDirector10% 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)
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 Stock06/11/2026A7,128(1)A$062,889D
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. 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-fact06/11/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did BKV Corp director Sunit S. Patel report on this Form 4 for BKV?

Director Sunit S. Patel reported receiving 7,128 restricted stock units of BKV Corp common stock as a stock-based compensation award. The grant carries no cash exercise price and increases his direct holdings to 62,889 shares following the transaction.

How many BKV Corp shares does Sunit S. Patel hold after this award?

After the reported grant, Sunit S. Patel directly holds 62,889 shares of BKV Corp common stock. This total includes the impact of the 7,128 restricted stock units awarded as part of the company’s non-employee director compensation program.

What are the terms of the 7,128 restricted stock units granted at BKV Corp?

The 7,128 restricted stock units were granted under BKV Corp’s non-employee director compensation program and carry a zero-dollar grant price. Each unit represents a contingent right to receive one share of common stock upon vesting, rather than requiring any purchase payment.

When do Sunit S. Patel’s BKV Corp restricted stock units vest?

The restricted stock units granted to Sunit S. Patel vest on the day prior to BKV Corp’s 2027 annual stockholder meeting. Vesting must occur before he actually receives the underlying common shares represented by each restricted stock unit.

Does Sunit S. Patel need to pay to receive the 7,128 BKV Corp shares?

No, the award shows a transaction price of $0.00 per share, indicating it is a compensation grant rather than a purchase. Once the units vest, each restricted stock unit converts into one share of BKV Corp common stock without additional payment.