---
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"
generated_at: "2026-10-12T13:22:09.757565+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# BKV adopts executive severance plan: CEO gets 2x pay, 3x on change in control

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-110966
- JSON: https://secwatch.observer/filing/0001104659-26-110966.json
- Plain text: https://secwatch.observer/filing/0001104659-26-110966.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.