Kalnin Christopher P 4

What Happened
Christopher P. Kalnin, CEO of BKV Corp (BKV), received a grant of 62,197 restricted stock units (RSUs) on March 10, 2026. The award is reported as an acquisition (code A) at $0.00 per unit (no cash paid). The filing does not state a dollar value based on share price; each RSU is 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 (two calendar days later).
• Transaction type: Grant/Award (code A); 62,197 RSUs reported at $0.00 per unit.
• Vesting: RSUs vest in three equal annual installments beginning March 10, 2027 (per footnote).
• Each RSU equals one contingent share of common stock (par value $0.01).
• Shares owned following the transaction: not disclosed in the filing.
• No indication in the filing of a 10b5-1 plan, tax withholding sale, or late filing; filing date is within the typical two-business-day Form 4 window.

Context
RSUs are a form of equity compensation that convert into actual shares only when they vest; they are common executive pay and align management with shareholders over time. Because this is an award (not a market purchase or sale), it does not represent an immediate cash investment or a realization of proceeds—investors should look to vesting dates and the company’s current share price to estimate potential future value.