PATEL SUNIT S 4
Research Summary
AI-generated summary
BKV Director Sunit S. Patel Receives 7,128 RSU Award
What Happened
Sunit S. Patel, a director of BKV Corp (BKV), was granted 7,128 restricted stock units (RSUs) on June 11, 2026. The filing reports an acquisition type "A" with a reported price of $0.00 and a reported value of $0.00 (the award is a contingent right to receive shares, not an open‑market purchase).
Key Details
- Transaction date: 2026-06-11; Form 4 filed: 2026-06-12 (timely filing).
- Grant: 7,128 restricted stock units (RSUs) reported at $0.00.
- Shares owned after transaction: not specified in the filing.
- Footnote: The RSUs vest the day prior to BKV’s 2027 annual stockholder meeting; each RSU represents a contingent right to one share of common stock (see F1).
- No 10b5-1 plan, tax‑withholding, or sale noted in this filing.
Context
RSU grants to non‑employee directors are a common form of compensation and do not require an immediate cash outlay by the director. Because these units vest in the future and convert into shares later, they do not necessarily indicate current buying or selling sentiment by the insider.