BKV Corp (BKV) officer shifts 13,549 shares to former spouse in asset split
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BKV Corp's Chief Legal and Admin Officer, Larrick Lindsay B, reported a non-market share transfer on a Form 4. On April 29, 2026, 13,549 shares of common stock were transferred to a former spouse without payment as part of a comprehensive division of marital assets.
After this transfer, the reporting person no longer has beneficial ownership of the 13,549 transferred shares and directly holds 139,764 shares of BKV common stock. The filing classifies the event under an “Other acquisition or disposition” transaction code, reflecting a personal restructuring rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Larrick Lindsay B
Role
Chief Legal and Admin Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 13,549 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 139,764 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares transferred: 13,549 shares
Shares held after transaction: 139,764 shares
Price per transferred share: $0.00 per share
+1 more
4 metrics
Shares transferred
13,549 shares
Common stock moved to former spouse without consideration
Shares held after transaction
139,764 shares
Direct holdings of Larrick Lindsay B following the transfer
Price per transferred share
$0.00 per share
No payment; transfer occurred without consideration
Restructuring shares
13,549 shares
Classified as restructuring in transaction summary
Key Terms
Form 4, beneficial ownership, Other acquisition or disposition, comprehensive division of marital assets
4 terms
Form 4 regulatory
"BKV Corp's Chief Legal and Admin Officer, Larrick Lindsay B, reported a non-market share transfer on a Form 4."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
beneficial ownership financial
"the reporting person no longer has beneficial ownership of the 13,549 transferred shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Other acquisition or disposition regulatory
"The filing classifies the event under an “Other acquisition or disposition” transaction code"
comprehensive division of marital assets financial
"as part of a comprehensive division of marital assets"
FAQ
What insider transaction did BKV (BKV) report on this Form 4?
BKV reported that its Chief Legal and Admin Officer, Larrick Lindsay B, transferred 13,549 common shares to a former spouse. The transfer was part of a comprehensive division of marital assets and occurred without any payment, making it a personal, non-market restructuring event.
Was the BKV (BKV) insider transaction a market buy or sell?
It was not an open-market buy or sell. The Form 4 uses transaction code “J” for an “Other acquisition or disposition,” reflecting a transfer of 13,549 shares to a former spouse without consideration as part of a marital property division, instead of a standard market trade.