Davis Joseph R 4

What Happened

• Joseph R. Davis, a director of BKV Corp (BKV), received a grant of 7,128 restricted stock units (RSUs) on 2026-06-11. The Form 4 reports the acquisition price as $0.00 and a total reported value of $0 (this reflects a grant of RSUs, not a cash purchase).
• Each RSU represents a contingent right to receive one share of common stock upon vesting. According to the filing footnote, these RSUs vest the day prior to BKV’s 2027 annual stockholder meeting.

Key Details

• Transaction date: 2026-06-11; Form 4 filed: 2026-06-12.
• Transaction type/code: Award/Grant (A).
• Shares granted: 7,128 RSUs; reported acquisition price: $0.00; reported total value: $0.
• Vesting: RSUs vest the day before the 2027 annual meeting (per footnote).
• Shares owned after transaction: not specified in the supplied filing.
• Timeliness: Filing appears timely (transaction reported the next business day); no late‑filing flag indicated.

Context

• RSU grants to non‑employee directors are common compensation and do not reflect an open‑market purchase or sale. They represent deferred equity compensation that converts to actual shares only upon vesting and any required delivery.
• Such awards are routine and generally used to align director interests with shareholders; they should not be interpreted as an immediate market buy or sell signal.