{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-110966","form_type":"8-K","ticker":"BKV","cik":"0001838406","company_name":"BKV Corp","filed_at":"2026-09-25T20:07:59+00:00","discovered_at":"2026-09-25T20:10:10.266706+00:00","generated_at":"2026-10-12T13:22:09.757565+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"confidence":"high","headline":"BKV adopts executive severance plan: CEO gets 2x pay, 3x on change in control","bullets":["Board adopted the BKV Corporation Executive Severance Plan effective September 24, 2026; initial participants include the CEO and the named executive officers designated as Tier 1 Participants.","Non-change-in-control qualifying termination: 2.0x base salary plus target bonus for the CEO and 1.0x for Tier 1 participants, paid over 24 or 12 months, plus a prorated target bonus.","Termination within two years after a Change in Control: lump sum of 3.0x base salary plus target bonus for the CEO and 2.0x for Tier 1 participants, with full vesting of time-based equity awards.","Health benefit payments equal to the company's share of medical, dental and vision premiums: 24 months for the CEO (12 for Tier 1) normally, rising to 36 and 24 months after a Change in Control.","Severance requires a signed separation agreement with a waiver and release plus compliance with non-compete, non-solicit, confidentiality and non-disparagement covenants; breach requires repayment."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-110966","json":"https://secwatch.observer/filing/0001104659-26-110966.json","markdown":"https://secwatch.observer/filing/0001104659-26-110966.md","text":"https://secwatch.observer/filing/0001104659-26-110966.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1838406/000110465926110966/0001104659-26-110966-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1838406/000110465926110966/tm2626119d1_8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T13:22:09.757565+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}