Form 4: BKV Corp Insider Transfers Shares to Ex-Spouse
Statement of Changes in Beneficial Ownership
BKV Corp officer Lindsay B. Larrick transferred 13,549 shares of common stock to a former spouse as part of a marital asset division.
Summary
- Lindsay B. Larrick, Chief Legal and Admin Officer at BKV Corp, reported a transaction on April 29, 2026.
- The transaction involved the transfer of 13,549 shares of common stock.
- These shares were transferred to a former spouse without consideration as part of a comprehensive division of marital assets.
- Following this transfer, Larrick no longer holds beneficial ownership of these specific shares.
- Larrick's direct beneficial ownership of BKV Corp common stock is now 139,764 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a personal asset division rather than a reflection of the company's operational performance or strategic direction.
Positives
- The transaction is a standard division of marital assets, indicating a resolution of personal financial matters.
- The reporting person continues to hold a significant number of shares (139,764) directly.
Negatives
- A reduction in the reporting person's directly held shares by 13,549.
Future Outlook
No forward-looking statements or guidance were provided in this filing.
Industry Context
StockSavvy.ai notes that Form 4 filings are routine disclosures for insider transactions and typically do not reflect company performance but rather personal financial events of executives or directors.
Related Party Transactions
- Transfer of 13,549 common stock shares from Lindsay B. Larrick to a former spouse as part of a marital asset division.
Stakeholder Impact
- Shareholders: No direct impact on company operations or value; a routine personal financial transaction by an officer.
- Employees: No direct impact.
- Creditors: No direct impact.
- Suppliers: No direct impact.
- Customers: No direct impact.
Key Dates
| Date | Description |
|---|---|
| 04/29/2026 | Earliest transaction date and transaction date for stock transfer. |
| 04/30/2026 | Date of signature for the filing. |
Keywords
Form 4, SEC Filing, Insider Transaction, Stock Transfer, Beneficial Ownership, Marital Asset Division, BKV Corp, Lindsay B. Larrick
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