BKV CFO settles taxes with 3,174 shares
BKV Corp’s Chief Financial Officer, David Tameron, reported a tax-related share disposition.
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Rhea-AI Filing Summary
BKV Corp’s Chief Financial Officer, David Tameron, reported a tax-related share disposition. On March 3, he had 3,174 shares of common stock, valued at $31.27 per share, withheld to cover tax obligations when previously granted restricted stock units vested. This net settlement was approved by the board of directors under Rule 16b-3. After the withholding, he directly holds 38,818 common shares, with an additional 300 shares reported as indirectly held through his son.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,174 | $31.27 | $99K |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Represents shares of common stock, par value $0.01 per share ("Common Stock"), withheld to satisfy tax withholding obligations upon the vesting of restricted stock units previously reported on Form 4. This net settlement was approved by the board of directors of the Issuer pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BKV (BKV) report for its CFO?
What does Rule 16b-3 approval mean in the BKV CFO’s Form 4 filing?
How are the BKV CFO’s indirect holdings described in the Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.