Tameron David 4

What Happened
Tameron David, Chief Financial Officer of BKV Corp (BKV), acquired 920 shares of BKV common stock on June 30, 2026. The shares were purchased under the company’s Employee Stock Purchase Plan (ESPP) at $23.08 per share, for a total purchase value of $21,231. This was an acquisition (buy) rather than a sale.

Key Details

• Transaction date: 2026-06-30
• Transaction type/code: Acquisition under ESPP (reported as "A")
• Shares acquired: 920 at $23.08 per share — total ~$21,231
• Price mechanics: Purchased at a 15% discount (85% of the lesser of the closing price on Jan 1, 2026 or June 30, 2026), per footnote.
• Footnotes: F1 notes the purchase was made under the ESPP and was exempt under Rule 16b-3(c) and 16b-3(d); reporting person voluntarily reported. F2 explains the 85% discounted purchase-price formula.
• Shares owned after transaction: Not specified in the filing.
• Filing timeliness: Form filed 2026-07-01 (no late filing indicated in the report).

Context
An ESPP purchase is a payroll-based acquisition that typically allows employees to buy stock at a discounted price; the filing notes this was an exempt ESPP transaction rather than an open-market trade. Purchases by executives are often watched by investors as a sign of confidence, but the filing provides only the transaction facts and does not disclose the insider’s motives.