BKV Corp officer disposes shares for tax withholding
BKV Corp executive Larrick Lindsay B, the Chief Legal and Admin Officer, reported a tax-related share disposition.
Rhea-AI Filing Summary
BKV Corp executive Larrick Lindsay B, the Chief Legal and Admin Officer, reported a tax-related share disposition. On the transaction date, 3,751 shares of common stock were withheld to cover tax obligations arising from the vesting of previously granted restricted stock units. This net share settlement was approved by the board of directors under Rule 16b-3, which governs insider equity transactions for compliance purposes. After this withholding, Larrick Lindsay B directly held 129,817 shares of BKV Corp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,751 | $31.27 | $117K |
Footnotes (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.
FAQ
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What insider transaction did BKV (BKV) report for Larrick Lindsay B?
What is Larrick Lindsay B’s role at BKV Corp in this filing?
Was the BKV insider tax-withholding transaction board approved?
AI-generated analysis. How Rhea-AI works. Not financial advice.