Companies BKV Corp
BKV (BKV): executive pay, fiscal 2025
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CEO pay, last three years
- $4,518,960FY2024
- $5,903,801FY2025
CEO total pay was $5,903,801 in fiscal 2025, up from $4,518,960 in fiscal 2024.
FY2025: salary $795,386 · bonus $0 · stock awards $3,411,014 · option awards $0
Executives and directors
Frequently asked questions
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.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Christopher Kalnin | $795,386 | $0 | $3,411,014 | $0 | $1,676,401 | $0 | $21,000 | $5,903,801 |
| Chief Executive Officer | ||||||||
| Eric Jacobsen | 520,385 | 1,000,000 | 1,949,144 | 0 | 816,354 | 0 | 21,000 | 4,306,883 |
| President — Upstream | ||||||||
| Dilanka Seimon | 364,000 | 1,000,000 | 1,563,219 | 0 | 497,537 | 0 | 21,000 | 3,445,756 |
| 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 officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Christopher Kalnin | $5,903,801 | $4,518,960 | — | ↑ +1,384,841 |
| Eric Jacobsen | 4,306,883 | 2,279,686 | — | ↑ +2,027,197 |
| Dilanka Seimon | 3,445,756 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
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 consultant | Willis Towers Watson plc (WTW) |
| Clawback policy | The 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-hedging | Policies prohibit the hedging of company stock by executives, directors, and employees. |
| Anti-pledging | Policies prohibit the pledging of company stock by executives, directors, and employees. |
Equity grants and outstanding awards
No plan-based awards are on file for this fiscal year.
Outstanding equity awards at fiscal year-end 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Dilanka Seimon | RSU | 26,513 | — | $719,828 |
| Eric Jacobsen | RSU | 64,940 | — | 1,763,121 |
| Dilanka Seimon | PSU | 79,540 | — | 2,159,511 |
| Christopher Kalnin | RSU | 124,016 | — | 3,367,034 |
| Eric Jacobsen | PSU | 177,045 | — | 4,806,772 |
| Christopher Kalnin | PSU | 333,162 | — | 9,045,348 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Carla S. MashinskiIndependent · Audit Risks (Chair) · Compensation | $290,589 | $139,992 | — | — | — | $435,581 |
| Charles C. Miller IIIIndependent · Lead Independent Director | 283,763 | 139,992 | — | — | — | 428,755 |
| Joseph R. DavisIndependent · Nominations Governance | 270,397 | 139,992 | — | — | — | 415,389 |
| Sunit S. PatelIndependent · Audit Risks | 222,897 | 139,992 | — | — | — | 367,889 |
| Chanin VongkusolkitNot independent · Board Chair | 232,778 | 0 | — | — | — | 232,778 |
| Somruedee ChaimongkolNot independent · Compensation (Chair) | 160,843 | 0 | — | — | — | 160,843 |
| Anon SirisaengtaksinIndependent · Nominations Governance (Chair) | 156,145 | 0 | — | — | — | 156,145 |
| Akaraphong DayanandaNot independent · Nominations Governance | 145,955 | 0 | — | — | — | 145,955 |
| Thiti MekavichaiIndependent · Nominations Governance | 145,955 | 0 | — | — | — | 145,955 |
| Kirana LimpaphayomIndependent | 140,955 | 0 | — | — | — | 140,955 |
| Sinon VongkusolkitIndependent | 140,955 | 0 | — | — | — | 140,955 |
| Christopher P. KalninEmployee director | — | — | — | — | — | 0 |
Board fee structure and ownership guideline
| Annual cash retainer | $90,000 |
|---|---|
| Annual equity retainer | $140,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 25,000 / 20,000 / 20,000 |
| Stock ownership guideline | — |
Total cost of the board
| Component | FY2025 |
|---|---|
| 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.
Peer group, and who names BKV as a peer
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.
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.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | BKV Corp | 2025 | Christopher 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.
Say-on-pay history and pay ratio
No say-on-pay vote is on file for this company.
CEO pay ratio
| Ratio (CEO : median employee) | — |
|---|---|
| CEO total compensation | — |
| Median employee compensation | — |
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (19 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Christopher Kalnin. DEF 14A, filed 2026-04-28. Section “2025 Summary Compensation Table” · page 41. As printed: 5,903,801. View filing ↗
- Section 01, Eric Jacobsen. DEF 14A, filed 2026-04-28. Section “2025 Summary Compensation Table”. As printed: 4,306,883. View filing ↗
- Section 01, Dilanka Seimon. DEF 14A, filed 2026-04-28. Section “2025 Summary Compensation Table”. As printed: 3,445,756. View filing ↗
- Section 07, pay ratio. 10-K/A, filed 2026-08-19. Section “CEO Pay Ratio”. As printed: —. View filing ↗
- Section 08, Carla S. Mashinski. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 435,581. View filing ↗
- Section 08, Charles C. Miller III. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 428,755. View filing ↗
- Section 08, Joseph R. Davis. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 415,389. View filing ↗
- Section 08, Sunit S. Patel. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 367,889. View filing ↗
- Section 08, Chanin Vongkusolkit. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 232,778. View filing ↗
- Section 08, Somruedee Chaimongkol. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 160,843. View filing ↗
- Section 08, Anon Sirisaengtaksin. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 156,145. View filing ↗
- Section 08, Akaraphong Dayananda. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 145,955. View filing ↗
- Section 08, Thiti Mekavichai. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 145,955. View filing ↗
- Section 08, Kirana Limpaphayom. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 140,955. View filing ↗
- Section 08, Sinon Vongkusolkit. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 140,955. View filing ↗
- Section 08, Christopher P. Kalnin. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 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.
- BKV Corp (subject), Section 10b CEO total. DEF 14A, filed 2026-04-28. CEO total compensation as printed in BKV Corp's own proxy. As printed: 5,903,801. View filing ↗