BKV Corp SVP Javier Hinojosa Receives Restricted Stock Award

What Happened
Javier Hinojosa, Senior Vice President of Power at BKV Corp (BKV), was granted 9,887 restricted stock units (RSUs) on May 12, 2026. The award was reported on Form 4 filed May 13, 2026. The grant price is recorded as $0.00 (no cash paid); the reported value at grant is $0 because RSUs are a contingent right to receive shares upon vesting.

Key Details

• Transaction type: Award/Grant (RSUs) — 9,887 units @ $0.00 (grant date 2026-05-12; Form 4 filed 2026-05-13).
• Vesting: RSUs vest in three equal annual installments beginning May 12, 2027 (per footnote).
• Each RSU represents a contingent right to one share of common stock (par value $0.01).
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Timeliness: Reported the day after the grant (appears timely based on provided dates).
• No 10b5-1 plan, tax-withholding, cashless exercise, or sale noted in this report.

Context
RSUs are a form of equity compensation that convert into actual shares only if and when they vest; they do not represent immediate market purchases or sales. Grants like this are typically compensation or retention awards and do not by themselves indicate insider buying or selling intent.