BKV CCO has shares withheld for RSU taxes

BKV Corp Chief Commercial Officer Dilanka Seimon reported a routine tax-related share disposition.

Rhea-AI Filing Summary

BKV Corp Chief Commercial Officer Dilanka Seimon reported a routine tax-related share disposition. On the reported date, 2,152 shares of Common Stock were withheld at $27.76 per share to satisfy tax withholding obligations upon the vesting of previously granted restricted stock units.

These shares were not sold in the open market; they were retained by the issuer as part of a net share settlement that was approved by the board of directors under Rule 16b-3. After this withholding, Seimon directly holds 55,093 shares of BKV Corp Common Stock.

Insider Trade Summary

Exercise Price or Tax Liability: 2,152 shares

Exercise Price or Tax Liability 1 txn

Insider Seimon Dilanka

Role Chief Commercial Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	2,152	$27.76	$60K

Holdings After Transaction: Common Stock — 55,093 shares (Direct)

Footnotes (1)

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.

Key Figures

Shares withheld for taxes: 2,152 shares Withholding price: $27.76 per share Shares held after transaction: 55,093 shares +1 more

4 metrics

Shares withheld for taxes 2,152 shares Common Stock withheld to satisfy tax obligations on RSU vesting

Withholding price $27.76 per share Value used for tax-withholding disposition of Common Stock

Shares held after transaction 55,093 shares Direct ownership of BKV Corp Common Stock following withholding

Tax-withholding transactions 1 transaction, 2,152 shares Summary of tax-withholding activity in this Form 4

Key Terms

restricted stock units, tax withholding obligations, net settlement, Rule 16b-3, +1 more

5 terms

restricted stock units financial

"upon the vesting of restricted stock units previously reported on Form 4"

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.

tax withholding obligations financial

"withheld to satisfy tax withholding obligations upon the vesting of restricted stock units"

net settlement financial

"This net settlement was approved by the board of directors"

Rule 16b-3 regulatory

"approved by the board of directors of the Issuer pursuant to Rule 16b-3"

Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.

Securities Exchange Act of 1934 regulatory

"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 did BKV (BKV) executive Dilanka Seimon report in this Form 4?

Dilanka Seimon reported a tax-related share disposition, not an open-market trade. BKV withheld 2,152 shares of Common Stock at $27.76 per share to cover tax obligations tied to previously granted restricted stock units.

Were BKV (BKV) shares sold on the market in this insider filing?

No, the shares were not sold on the market. 2,152 BKV Common Stock shares were withheld by the company to satisfy tax withholding obligations upon RSU vesting, as part of a board-approved net share settlement.

How many BKV (BKV) shares does Dilanka Seimon hold after this transaction?

After the tax-withholding transaction, Dilanka Seimon directly holds 55,093 shares of BKV Corp Common Stock. This reflects his remaining equity position following the net share settlement related to vested restricted stock units.

What is the significance of Rule 16b-3 in this BKV (BKV) Form 4?

The transaction was approved under Rule 16b-3, which governs insider transactions under compensation plans. It confirms the share withholding for taxes occurred under a board-approved equity compensation arrangement rather than as a discretionary market trade.

What triggered the tax withholding in BKV (BKV) executive Dilanka Seimon’s filing?

The tax withholding was triggered by the vesting of previously reported restricted stock units. When these RSUs vested, 2,152 shares of BKV Common Stock were withheld to cover associated tax liabilities instead of being delivered in full as shares.

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

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Accepted by SEC EDGAR 05/14/2026 - 11:39 AM 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^*

Seimon Dilanka

(Last) (First) (Middle)

1200 17TH STREET STE. 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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026

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	05/14/2026		F		2,152(1)	D	$27.76	55,093	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 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.

Remarks:

	/s/ Kathleen Lenox, attorney-in-fact	05/14/2026
	** 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)