Seimon Dilanka 4

What Happened
Seimon Dilanka, Chief Commercial Officer of BKV Corp, was granted 20,732 restricted stock units (RSUs) on March 10, 2026. The award was reported on a Form 4 filed March 30, 2026. The RSUs were granted at $0.00 per unit (standard for grants) and therefore involved no cash outlay by the reporting person.

Key Details

• Transaction date: 2026-03-10; Form 4 filed: 2026-03-30 (appears late relative to the typical 2-business-day reporting requirement).
• Grant: 20,732 RSUs; reported price: $0.00; total immediate value shown: $0.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Footnote: F1 — These are restricted stock units under BKV’s 2024 Equity and Incentive Compensation Plan that vest in three equal annual installments beginning March 10, 2027. Each RSU represents a contingent right to one share of common stock.
• Transaction type code: A = Award/Grant.

Context
RSUs are a form of equity compensation that convert to actual shares only upon vesting; they do not represent immediate market purchases or sales. Because vesting is spread over three years, these units reflect compensation subject to future service/vesting conditions rather than an immediate change in market exposure. The later filing date may be noteworthy for compliance/timeliness tracking but does not by itself indicate trading intent or a market signal.