Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-08-19

BKV Corp (BKV)

CEO Christopher Kalnin was paid $5,903,801 in fiscal year 2025, ↑ up 30.6% from fiscal year 2024 (SEC filing 0001104659-26-050381 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$5,903,801 ↑
Christopher Kalnin total, FY2025
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CEO pay percentile vs peers
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CEO-to-median pay ratio
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Sample answer — “What is the CEO’s total compensation?”
- Christopher Kalnin (Chief Executive Officer), FY2025 total compensation $5,903,801 (base salary $795,386) [exec_comp, SEC accession 0001104659-26-050381, filed 2026-04-28]

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BKV's next annual pay disclosure, estimated April 28, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Christopher Kalnin$795,386$0$3,411,014$0$1,676,401$0$21,000$5,903,801
Chief Executive Officer
Eric Jacobsen520,3851,000,0001,949,1440816,354021,0004,306,883
President — Upstream
Dilanka Seimon364,0001,000,0001,563,2190497,537021,0003,445,756
Chief Commercial Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Christopher Kalnin$5,903,801$4,518,960—↑ +1,384,841
Eric Jacobsen4,306,8832,279,686—↑ +2,027,197
Dilanka Seimon3,445,756———

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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Companies that benchmark against BKV
3 companies name BKV as a compensation peer

The list of companies that name BKV as a peer is temporarily unavailable — recheck shortly.

01b

Executives — the named officers

One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.

ExecutiveRoleFY2025 total
Christopher KalninCEO$5,903,801
Dilanka SeimonCCO$3,445,756
Eric JacobsenPresident$4,306,883
01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Akaraphong DayanandaDirector$145,955
Anon SirisaengtaksinIndependent Director$156,145
Chanin VongkusolkitChair of the Board$232,778
Kirana LimpaphayomIndependent Director$140,955
Sinon VongkusolkitIndependent Director$140,955
Somruedee ChaimongkolDirector$160,843
Thiti MekavichaiIndependent Director$145,955
02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Christopher KalninRSU124,016—$3,367,034
Dilanka SeimonPSU79,540—2,159,511
Christopher KalninPSU333,162—9,045,348
Dilanka SeimonRSU26,513—719,828
Eric JacobsenPSU177,045—4,806,772
Eric JacobsenRSU64,940—1,763,121
05

Incentive-plan design — the Compensation Discussion & Analysis

The company aims to align executive compensation with long-term value creation by vesting long-term incentive awards over several years to reward sustained performance. The program includes a mix of base salary, annual performance-based bonuses, and equity awards (TRSUs and PRSUs) linked to key performance indicators and individual goals.

CEO STI target (% of salary)NaN%
CEO LTI target (% of salary)—
Independent consultantWillis Towers Watson plc (WTW)
Clawback policyThe company maintains a compensation clawback policy requiring the recovery of incentive-based compensation received during the three fiscal years preceding the date it is determined that the Company is required to prepare an accounting restatement, subject to certain exceptions.
Anti-hedgingPolicies prohibit the hedging of company stock by executives, directors, and employees.
Anti-pledgingPolicies prohibit the pledging of company stock by executives, directors, and employees.
07

CEO pay ratio

Ratio (CEO : median employee)—
CEO total compensation—
Median employee compensation—
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Carla S. MashinskiIndependent · Audit Risks (Chair) · Compensation$290,589$139,992———$435,581
Charles C. Miller IIIIndependent · Lead Independent Director283,763139,992———428,755
Joseph R. DavisIndependent · Nominations Governance270,397139,992———415,389
Sunit S. PatelIndependent · Audit Risks222,897139,992———367,889
Chanin VongkusolkitNot independent · Board Chair232,7780———232,778
Somruedee ChaimongkolNot independent · Compensation (Chair)160,8430———160,843
Anon SirisaengtaksinIndependent · Nominations Governance (Chair)156,1450———156,145
Akaraphong DayanandaNot independent · Nominations Governance145,9550———145,955
Thiti MekavichaiIndependent · Nominations Governance145,9550———145,955
Kirana LimpaphayomIndependent140,9550———140,955
Sinon VongkusolkitIndependent140,9550———140,955
Christopher P. KalninEmployee director—————0
09

Board fee structure and ownership guideline

Annual cash retainer$75,000
Annual equity retainer$140,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)20,000 / 15,000 / 15,000
Stock ownership guideline—
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$2,191,232
Equity awards (grant-date value)$559,968
All other compensation$0
Total cost of the board$2,751,200

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1BKV Corp2025Christopher Kalnin$795,386$3,411,014$0$1,676,401$5,903,801

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10d

Frequently asked questions

Who was the highest-paid executive at BKV Corp in fiscal 2025?
As disclosed, Christopher Kalnin (Chief Executive Officer) was the highest-paid executive at BKV Corp in fiscal 2025, with total compensation of $5,903,801.
How much does BKV Corp spend in total on board compensation for fiscal 2025?
As disclosed, BKV Corp reported total board compensation of $2,751,200 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Christopher KalninDEF 14A2026-04-280001104659-26-050381Section “2025 Summary Compensation Table”. As printed: 5,903,801. Filing ↗machine: r1 · c50 · span 772545–772554
2Section 01, Eric JacobsenDEF 14A2026-04-280001104659-26-050381Section “2025 Summary Compensation Table”. As printed: 4,306,883. Filing ↗machine: r3 · c50 · span 786383–786392
3Section 01, Dilanka SeimonDEF 14A2026-04-280001104659-26-050381Section “2025 Summary Compensation Table”. As printed: 3,445,756. Filing ↗machine: r5 · c50 · span 800067–800076
4Section 07, pay ratio10-K/A2026-08-190001104659-26-098821Section “CEO Pay Ratio”. As printed: —. Filing ↗
5Section 08, Carla S. MashinskiDEF 14A2026-04-280001104659-26-050381Section “Director Compensation”. As printed: 435,581. Filing ↗machine: span 616425–616432
6Section 08, Charles C. Miller IIIDEF 14A2026-04-280001104659-26-050381Section “Director Compensation”. As printed: 428,755. Filing ↗machine: span 623364–623371
7Section 08, Joseph R. DavisDEF 14A2026-04-280001104659-26-050381Section “Director Compensation”. As printed: 415,389. Filing ↗machine: span 606016–606023
8Section 08, Sunit S. PatelDEF 14A2026-04-280001104659-26-050381Section “Director Compensation”. As printed: 367,889. Filing ↗machine: span 626829–626836
9Section 08, Chanin VongkusolkitDEF 14A2026-04-280001104659-26-050381Section “Director Compensation”. As printed: 232,778. Filing ↗machine: span 597330–597337
10Section 08, Somruedee ChaimongkolDEF 14A2026-04-280001104659-26-050381Section “Director Compensation”. As printed: 160,843. Filing ↗machine: span 600802–600809
11Section 08, Anon SirisaengtaksinDEF 14A2026-04-280001104659-26-050381Section “Director Compensation”. As printed: 156,145. Filing ↗machine: span 628552–628559
12Section 08, Akaraphong DayanandaDEF 14A2026-04-280001104659-26-050381Section “Director Compensation”. As printed: 145,955. Filing ↗machine: span 607739–607746
13Section 08, Thiti MekavichaiDEF 14A2026-04-280001104659-26-050381Section “Director Compensation”. As printed: 145,955. Filing ↗machine: span 618144–618151
14Section 08, Kirana LimpaphayomDEF 14A2026-04-280001104659-26-050381Section “Director Compensation”. As printed: 140,955. Filing ↗machine: span 611208–611215
15Section 08, Sinon VongkusolkitDEF 14A2026-04-280001104659-26-050381Section “Director Compensation”. As printed: 140,955. Filing ↗machine: span 632045–632052
16Section 08, Christopher P. KalninDEF 14A2026-04-280001104659-26-050381Section “Director Compensation”. As printed: 0. Filing ↗
17Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
18Section 09b board cost (computed)Computed——Cash 2,191,232 + equity 559,968 + all other 0 = 2,751,200, summed across the director compensation table rows.machine: formula: Σ = 2,751,200
19BKV Corp (subject), Section 10b CEO totalDEF 14A2026-04-280001104659-26-050381CEO total compensation as printed in BKV Corp's own proxy. As printed: 5,903,801. Filing ↗machine: r1 · c50 · span 772545–772554

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