BKV Corp (BKV) officer reports 703-share tax withholding on RSU vesting
Rhea-AI Filing Summary
BKV Corp reported an insider equity transaction by its SVP, dCarbon Ventures, on a Form 4. On 01/01/2026, the officer had 703 shares of BKV common stock withheld at a price of $27.15 per share to cover tax obligations triggered by the vesting of previously reported restricted stock units. After this tax withholding, the officer beneficially owns 80,135 shares of BKV common stock directly. The company notes that this net share settlement for tax purposes was approved by the board of directors under Rule 16b-3 of the Securities Exchange Act.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did BKV (BKV) report in this Form 4?
BKV reported that its SVP, dCarbon Ventures, had 703 shares of common stock withheld on 01/01/2026 to satisfy tax obligations from vesting restricted stock units.
How many BKV (BKV) shares does the reporting officer own after this transaction?
Following the reported transaction, the officer beneficially owns 80,135 shares of BKV common stock directly.
What was the price used for the BKV (BKV) tax withholding shares?
The 703 shares withheld to cover taxes were valued at $27.15 per share.
Why were BKV (BKV) shares withheld from the officer?
The shares were withheld to satisfy tax withholding obligations that arose when previously granted restricted stock units in BKV vested.
Was the BKV (BKV) insider tax withholding approved by the board?
Yes. The net settlement to withhold 703 shares for taxes was approved by the board of directors under Rule 16b-3 of the Securities Exchange Act.
Does this BKV (BKV) Form 4 reflect a market sale by the officer?
No. The filing describes shares withheld for tax purposes upon vesting of restricted stock units, rather than an open-market sale.