Core Insights - Christopher Kalnin, CEO of BKV Corporation, sold 78,281 shares in an open-market transaction valued at $2.2 million, representing approximately 6% of his direct holdings [2][4][3] - The sale was executed under a pre-set Rule 10b5-1 trading plan, indicating routine activity rather than discretionary timing [8] - Following the sale, Kalnin retains about 1.2 million shares with an aggregate market value of $35 million [6][3] Transaction Summary - Shares sold: 78,281 - Transaction value: $2.2 million - Post-transaction shares (direct): 1,248,580 - Post-transaction value (direct): $35 million - Sale price per share: $28.04; post-transaction closing price: $28.02 [3] Company Overview - Market capitalization: $2.3 billion - Revenue (TTM): $809 million - Net income (TTM): $45.3 million - 1-year price change: 20% - BKV Corporation focuses on natural gas exploration, production, and midstream operations [7] Performance Insights - BKV reported $76.9 million in net income last quarter, driven by higher production volumes and improved gathering margins [10] - The company is experiencing rising production but negative free cash flow, with a significant increase in capital expenditures year over year [8][10] - Despite a recent 9% decline, the stock is still up over 20% over the past year, indicating strong long-term performance [11]