Larrick Lindsay B 4

What Happened

• Larrick Lindsay B, Chief Legal and Administrative Officer of BKV Corp (BKV), was granted 23,496 restricted stock units (RSUs) on 2026-03-10. The grant was reported at $0.00 per unit (no cash paid) and therefore shows $0 value in the Form 4; each RSU represents a contingent right to receive one share of common stock upon vesting.

Key Details

• Transaction date: 2026-03-10; Form 4 filed 2026-03-12.
• Transaction type/code: Award/Grant (A).
• Amount: 23,496 RSUs granted at $0.00 per unit (no purchase price).
• Shares owned after transaction: Not specified in the filing.
• Footnote: RSUs granted under the BKV Corporation 2024 Equity and Incentive Compensation Plan; vest in three equal annual installments beginning March 10, 2027. Each RSU converts to one common share upon vesting.
• Filing timeliness: Reported two days after the transaction (appears to be within the typical 2-business-day Form 4 reporting window).

Context

• RSUs are a deferred equity award — they do not represent immediately tradable shares and only convert to actual stock if/when they vest. This grant is an insider compensation event (neither a purchase nor a sale) and should be interpreted as a compensation award rather than a direct market sentiment signal.