BKV Corp (BKV) officer has 3,586 shares withheld for RSU tax
Rhea-AI Filing Summary
BKV Corp reported a routine insider equity transaction by its Chief Legal and Admin Officer on 01/01/2026. The officer had 3,586 shares of common stock withheld at a price of $27.15 per share to cover tax withholding obligations related to the vesting of previously reported restricted stock units. After this net share settlement, the officer directly owns 133,568 shares of BKV Corp common stock. The withholding was approved by the company’s board of directors under Rule 16b-3 of the Securities Exchange Act.
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FAQ
What insider transaction did BKV (BKV) report in this Form 4?
BKV reported that its Chief Legal and Admin Officer had 3,586 shares of common stock withheld on 01/01/2026 to satisfy tax obligations upon vesting of restricted stock units.
At what price were the BKV (BKV) shares withheld for taxes?
The 3,586 shares of BKV Corp common stock were withheld at a price of $27.15 per share.
How many BKV (BKV) shares does the officer own after this transaction?
Following the reported transaction, the Chief Legal and Admin Officer directly owns 133,568 shares of BKV Corp common stock.
Was the BKV (BKV) insider transaction related to a stock sale on the open market?
No. The transaction reflects shares withheld to cover tax withholding obligations upon RSU vesting, rather than a discretionary open-market sale.
Under what rule was the BKV (BKV) insider transaction approved?
The net share settlement and withholding were approved by the board of directors under Rule 16b-3 of the Securities Exchange Act of 1934.
What type of security was involved in the BKV (BKV) Form 4 filing?
The transaction involved common stock, par value $0.01 per share, of BKV Corp.