BKV Corp·4

Mar 12, 2:06 PM ET

Jacobsen Eric S 4

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BKV Corp President Eric Jacobsen Receives RSU Award

What Happened
Eric S. Jacobsen, President (Upstream) of BKV Corp (BKV), received a grant of 27,643 restricted stock units (RSUs) on 2026-03-10. The RSUs were recorded at $0.00 (no cash paid); each RSU is a contingent right to one share of common stock. This is an equity award (compensation), not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-03-10; Form 4 filed: 2026-03-12 (filed two days after the transaction).
  • Transaction type: Award/Grant (RSUs), code A; amount: 27,643 RSUs; acquisition price reported $0.00.
  • Vesting: Grant vests in three equal annual installments beginning March 10, 2027 (per footnote F1).
  • Plan: Granted under the BKV Corporation 2024 Equity and Incentive Compensation Plan.
  • Shares owned after transaction: Not specified in the provided filing summary.
  • No 10b5-1 plan, tax withholding, or sale noted in this filing.

Context
RSU grants are a common form of employee compensation to align executives with shareholder interests; they do not represent an immediate market buy or sell. Because the RSUs vest over future dates, they only convert to actual shares if vesting conditions are met. This filing appears timely (filed within two days of the reported grant).