STOCK TITAN

BKV Corp (BKV) executive has 3,751 shares withheld for taxes

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

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 Larrick Lindsay B
Role Chief Legal and Admin Officer
Type Security Shares Price Value
Tax Withholding Common Stock 3,751 $31.27 $117K
Holdings After Transaction: Common Stock — 129,817 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*
Larrick Lindsay B

(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)
Chief Legal and Admin Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026
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 03/03/2026 F 3,751(1) D $31.27 129,817 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 03/04/2026
** 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) report for Larrick Lindsay B?

BKV reported that executive Larrick Lindsay B disposed of shares through tax withholding. 3,751 common shares were withheld to satisfy tax obligations triggered by the vesting of previously granted restricted stock units, rather than through an open-market sale.

How many BKV common shares were withheld for taxes in this Form 4?

A total of 3,751 BKV common shares were withheld to cover tax liabilities. This withholding occurred upon the vesting of restricted stock units previously reported, representing a non-market transaction aimed solely at satisfying tax obligations due on that equity compensation.

What is Larrick Lindsay B’s role at BKV Corp in this filing?

Larrick Lindsay B is identified as BKV Corp’s Chief Legal and Admin Officer. This role means the reporting person is a senior executive officer, and transactions in company stock must be disclosed, including equity awards and related tax-withholding dispositions like this one.

How many BKV shares does Larrick Lindsay B hold after this transaction?

Following the tax-withholding disposition, Larrick Lindsay B directly holds 129,817 BKV common shares. This post-transaction figure reflects the remaining stake after 3,751 shares were withheld to satisfy tax obligations tied to restricted stock unit vesting.

Was the BKV insider tax-withholding transaction board approved?

Yes, the tax-withholding share disposition was approved by BKV’s board of directors. The footnote states the net settlement was authorized under Rule 16b-3, which provides a framework for board-approved insider equity transactions under the Securities Exchange Act of 1934.

Did Larrick Lindsay B sell BKV shares on the open market in this Form 4?

No, the transaction reflects tax withholding rather than an open-market sale. Shares were withheld by the company to cover tax obligations due upon restricted stock unit vesting, making it an administrative disposition instead of a discretionary share sale.