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Research Summary
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BKV SVP Lauren Read Receives 9,675-Share Award
What Happened
- Lauren Read, Senior Vice President at dCarbon Ventures (BKV Corp), was granted 9,675 restricted stock units (RSUs) on 2026-03-10. The RSUs were awarded at an acquisition price of $0.00, so no cash was paid. This is an equity award (not a purchase or sale) and does not represent an immediate transfer of shares.
Key Details
- Transaction date and type: 2026-03-10 — Award/Grant (code A) of 9,675 restricted stock units at $0.00.
- Vesting: Per the footnote, the RSUs vest in three equal annual installments beginning March 10, 2027; each RSU converts to one share upon vesting.
- Shares owned after transaction: Not specified in the summary provided in this report.
- Filing timeliness: Report filed 2026-03-12 (two days after the transaction) — appears timely under Form 4 rules.
- Footnote summary: Each RSU is a contingent right to receive one share of common stock when it vests.
Context
- RSU awards are compensation and are common for executives; they are not an immediate purchase signal. Value is realized only if and when units vest and convert to shares (and tax/withholding events may follow at vesting). This grant increases potential future ownership but does not reflect an immediate market transaction.