Turcotte Barry S. 4

What Happened Barry S. Turcotte, Chief Accounting Officer of BKV Corporation, was granted 6,910 restricted stock units (RSUs) on March 10, 2026. The Form 4 lists the acquisition price as $0.00 (an award/compensation grant); no cash changed hands in this transaction. The filing does not state a dollar value for the award.

Key Details

• Transaction date: 2026-03-10 (reported on Form 4 filed 2026-03-12).
• Transaction type/code: Award/Grant (A); 6,910 RSUs granted; acquisition price reported as $0.00.
• Vesting: Per the filing footnote, the RSUs vest in three equal annual installments beginning March 10, 2027.
• Conversion: Each RSU represents a contingent right to receive one share of common stock upon vesting.
• Shares owned after transaction: Not specified in the filing.
• Timeliness: Form 4 filed March 12, 2026 covering the March 10 grant; this appears to be within the typical two-business-day reporting window.

Context RSU grants are a form of equity compensation, not an open‑market purchase or sale. They represent a contingent right to receive shares in the future if vesting conditions are met; they do not immediately increase the insider's voting power until converted to shares. Such awards are routine for executive compensation and should be interpreted as part of pay rather than a direct market signal.