STOCK TITAN

BKV Corp (BKV) officer withholds 3,751 shares for tax on RSU vest

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

BKV Corp reported an insider equity transaction by its President, Upstream. On 01/01/2026, the officer had 3,751 shares of common stock withheld in a transaction coded "F," which indicates shares were used to cover tax obligations from vesting restricted stock units. The shares were valued at $27.15 each for this withholding.

Following this transaction, the officer directly beneficially owned 254,152 shares of BKV Corp common stock. The filing notes that this net share settlement to satisfy tax withholding was approved by the board of directors under Rule 16b-3 of the Securities Exchange Act of 1934.

Positive

  • None.

Negative

  • None.
Insider Jacobsen Eric S
Role President, Upstream
Type Security Shares Price Value
Tax Withholding Common Stock 3,751 $27.15 $102K
Holdings After Transaction: Common Stock — 254,152 shares (Direct)
Footnotes (1)
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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*
Jacobsen Eric S

(Last) (First) (Middle)
1200 17TH STREET, SUITE 2100

(Street)
DENVER CO 80202

(City) (State) (Zip)
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)
President, Upstream
3. Date of Earliest Transaction (Month/Day/Year)
01/01/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 01/01/2026 F 3,751(1) D $27.15 254,152 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 01/05/2026
** 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.

FAQ

What insider transaction did BKV (BKV) disclose in this Form 4?

The filing shows BKV Corp's President, Upstream had 3,751 shares of common stock withheld on 01/01/2026 to cover tax obligations from vesting restricted stock units, in a transaction coded "F."

How many BKV Corp shares does the reporting officer own after the transaction?

After the reported transaction, the officer directly beneficially owned 254,152 shares of BKV Corp common stock.

What does the transaction code "F" mean for the BKV (BKV) Form 4 filing?

In this context, code "F" indicates a transfer of 3,751 shares of common stock to the issuer to satisfy tax withholding obligations upon vesting of restricted stock units.

What price per share was used for the BKV Corp tax withholding transaction?

The 3,751 shares withheld for taxes were valued at $27.15 per share in the reported transaction.

What role does the reporting person hold at BKV Corp (BKV)?

The reporting person is an officer of BKV Corp, serving as President, Upstream, as indicated in the relationship section of the filing.

Was the BKV Corp share withholding approved under a specific SEC rule?

Yes. The net settlement of 3,751 shares to satisfy tax withholding obligations was approved by the board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934.