BKV Corp (BKV) awards 9,675 restricted stock units to dCarbon SVP
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Read Lauren reported acquisition or exercise transactions in this Form 4 filing.
BKV Corp reported that SVP, dCarbon Ventures, Lauren Read received a grant of 9,675 shares of common stock in the form of restricted stock units as equity compensation. The units vest in three equal annual installments beginning on March 10, 2027. After this award, Read directly holds 89,099 shares of BKV common stock. Each restricted stock unit represents a contingent right to receive one share of common stock at vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Read Lauren
Role
SVP, dCarbon Ventures
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,675 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 89,099 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did BKV (BKV) report for Lauren Read?
BKV reported that SVP, dCarbon Ventures, Lauren Read received 9,675 restricted stock units of BKV common stock. This is a compensation-related equity grant, not an open-market purchase or sale, and increases her directly held position to 89,099 shares after the award.
How many BKV Corp restricted stock units were granted to Lauren Read?
Lauren Read was granted 9,675 restricted stock units tied to BKV common stock. Each unit represents a contingent right to receive one share, so the award may convert into 9,675 shares as the units vest over the disclosed schedule.
What is the vesting schedule for Lauren Read’s BKV restricted stock units?
The 9,675 restricted stock units granted to Lauren Read vest in three equal annual installments starting on March 10, 2027. This means one-third of the units vest each year over three years, subject to the plan’s usual conditions for continued service.
Is Lauren Read’s BKV equity award an open-market purchase or sale?
The Form 4 shows a grant coded as an acquisition (A), indicating a compensation-related award, not an open-market trade. The 9,675 restricted stock units were granted at a stated price of $0.00 per unit under BKV’s 2024 Equity and Incentive Compensation Plan.
What plan governs Lauren Read’s BKV restricted stock unit grant?
The grant to Lauren Read was made under the BKV Corporation 2024 Equity and Incentive Compensation Plan. This plan provides for equity-based awards such as restricted stock units, which in this case give her the right to receive BKV common shares as they vest over time.