[Form 4] BKV Corp Insider Trading Activity
Rhea-AI Filing Summary
BKV Corp's Chief Financial Officer reported a routine change in ownership of company stock. On 01/01/2026, 1,278 shares of BKV Corp common stock were withheld to cover tax obligations when previously granted restricted stock units vested, using a price of $27.15 per share. After this withholding, the officer beneficially owns 41,992 shares directly and 300 shares indirectly through a son. The transaction 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?
The Chief Financial Officer of BKV Corp reported that 1,278 shares of common stock were withheld on 01/01/2026 to satisfy tax withholding obligations upon the vesting of previously reported restricted stock units.
What was the price used for the BKV (BKV) share withholding?
The shares of BKV Corp common stock were withheld at a price of $27.15 per share in connection with the tax withholding for vested restricted stock units.
How many BKV (BKV) shares does the CFO own after this transaction?
Following the reported transaction, the Chief Financial Officer beneficially owns 41,992 shares of BKV Corp common stock directly and 300 shares indirectly through a son.
What is the relationship of the reporting person to BKV (BKV)?
The reporting person in this filing is an officer of BKV Corp, serving as the company’s Chief Financial Officer.
Was the BKV (BKV) tax withholding transaction board-approved?
Yes. The net share settlement used to satisfy tax withholding obligations was approved by the board of directors of BKV Corp pursuant to Rule 16b-3 under the Securities Exchange Act of 1934.
Does the BKV (BKV) Form 4 involve derivative securities?
The filing includes a table for derivative securities, but the detailed entry shows the reportable activity relates to common stock withheld upon vesting of restricted stock units previously reported.