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BKV (BKV) Chief Commercial Officer receives 20,732 restricted stock units

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

Rhea-AI Filing Summary

BKV Corp Chief Commercial Officer Dilanka Seimon received an equity grant in the form of restricted stock units under the company’s 2024 Equity and Incentive Compensation Plan. The award covers 20,732 restricted stock units, each representing a contingent right to receive one share of common stock.

The units vest in three equal annual installments beginning on March 10, 2027, tying compensation to longer-term company performance. Following this grant, Seimon’s reported direct ownership increased to 57,245 shares of common stock, indicating this is a compensation-related acquisition rather than an open-market purchase.

Positive

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Negative

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Insider Seimon Dilanka
Role Chief Commercial Officer
Type Security Shares Price Value
Grant/Award Common Stock 20,732 $0.00 --
Holdings After Transaction: Common Stock — 57,245 shares (Direct)
Footnotes (1)
  1. [object Object]
RSU grant size 20,732 units Restricted stock units granted March 10, 2026
Grant price $0.00 per share Reported transaction price per share for RSU grant
Post-transaction holdings 57,245 shares Total common shares held directly after grant
Vesting schedule 3 equal annual installments Beginning March 10, 2027 for RSU grant
Par value $0.01 per share Par value of BKV common stock underlying RSUs
restricted stock units financial
"Represents restricted stock units granted to the reporting person under the BKV Corporation 2024 Equity and Incentive Compensation Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2024 Equity and Incentive Compensation Plan financial
"granted to the reporting person under the BKV Corporation 2024 Equity and Incentive Compensation Plan"
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of common stock"
common stock, par value $0.01 per share financial
"one share of common stock, par value $0.01 per share"
vest in three equal annual installments financial
"that vest in three equal annual installments beginning on March 10, 2027"
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Seimon Dilanka
(Last)(First)(Middle)
1200 17TH STREET STE. 2100
(Street)
DENVER COLORADO 80202
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
BKV Corp [ BKV ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Commercial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock03/10/2026A20,732(1)A$057,245D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents restricted stock units granted to the reporting person under the BKV Corporation 2024 Equity and Incentive Compensation Plan that vest in three equal annual installments beginning on March 10, 2027. Each restricted stock unit represents a contingent right to receive one share of common stock, par value $0.01 per share.
Remarks:
/s/ Kathleen Lenox, attorney-in-fact03/30/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did BKV (BKV) report for Dilanka Seimon?

BKV reported that Chief Commercial Officer Dilanka Seimon received a grant of 20,732 restricted stock units. These units are part of equity compensation and increase his direct ownership position in BKV common stock.

Is the BKV (BKV) Form 4 transaction a stock purchase or an award?

The Form 4 shows a grant/award acquisition, not a market purchase. Seimon received 20,732 restricted stock units at a reported price of $0.00 per share as equity compensation under BKV’s 2024 plan.

How do the BKV restricted stock units granted to Seimon vest?

The 20,732 restricted stock units granted to Seimon vest in three equal annual installments starting on March 10, 2027. Each vested unit entitles him to receive one share of BKV common stock.

What is Dilanka Seimon’s BKV share ownership after this Form 4 transaction?

After the award, Seimon’s reported direct ownership totals 57,245 shares of BKV common stock. This reflects the addition of 20,732 restricted stock units granted as part of his equity compensation package.

What plan governs the restricted stock unit grant reported by BKV (BKV)?

The restricted stock unit grant was issued under the BKV Corporation 2024 Equity and Incentive Compensation Plan. This plan allows the company to grant equity-based awards such as restricted stock units to align executives with shareholder interests.