Reservoir Media Inc SEC Filings

Reservoir Media, Inc. (RSVR) director equity compensation reported

Director Stephen M. Cook reported receiving 684 Deferred Stock Units (DSUs) of Reservoir Media common stock on 11/21/2025 as part of his quarterly compensation for serving as a non-employee director. He elected to take this compensation in DSUs instead of cash, with the grant value based on the closing stock price of $7.30 on the grant date. Each DSU represents the economic equivalent of one share of common stock and will be settled in actual shares on July 28, 2026. After this transaction, he reports beneficial ownership of 945,463 shares directly and 226,089 shares indirectly through BTCSJC Music LLC.

Reservoir Media, Inc. (RSVR) director equity filing: A non-employee director reported receiving 684 Deferred Stock Units (DSUs) on 11/21/2025 as quarterly board compensation, electing stock units instead of cash. The DSUs were valued using the company’s common stock closing price of $7.30 on the grant date and are scheduled to settle in shares of common stock on July 28, 2026. Following this grant, the director reports beneficial ownership of 12,449 common shares directly, plus indirect beneficial interests in 179,389 shares through Richmond Hill Capital Partners, LP, 418,576 shares through Essex Equity Joint Investment Vehicle, LLC, and 13,652,372 shares through ER Reservoir, LLC, while repeatedly disclaiming beneficial ownership beyond his pecuniary interest.

Reservoir Media, Inc. (RSVR) reported an insider equity compensation transaction involving director Ryan P. Taylor. On 11/21/2025, Taylor received 684 Deferred Stock Units (DSUs) under the company’s 2021 Omnibus Incentive Plan as his quarterly compensation for service as a non-employee director. The DSUs were valued using the closing price of $7.30 per share of Reservoir’s common stock on the grant date, with each DSU economically equivalent to one common share.

The DSUs will be settled in shares of common stock on July 28, 2026, and Taylor elected to receive this compensation in DSUs instead of cash. Following the transaction, indirect holdings reported for Taylor total 12,449 shares, which include common stock underlying both Restricted Stock Units and DSUs. A separate line reflects 13,652,372 shares held directly by ER Reservoir LLC, with various affiliated entities and individuals disclosing that they may be deemed beneficial owners of portions of these securities while generally disclaiming beneficial ownership beyond their pecuniary interests.

Reservoir Media, Inc. reported that it has made a new investor presentation available on its investor relations website and has furnished the same materials as Exhibit 99.1 to a current report on Form 8‑K dated November 17, 2025. The company notes that this investor presentation, including Exhibit 99.1, is being provided for informational purposes and is not considered “filed” under Section 18 of the Securities Exchange Act of 1934 unless specifically incorporated by reference in a future submission.

Reservoir Media (RSVR) filed its Q2 FY2026 10-Q for the quarter ended September 30, 2025. Revenue was $45,435,051, up 12% year over year, with operating income of $10,686,541. Net income attributable to Reservoir was $2,257,841, or $0.03 per diluted share.

Music Publishing contributed $30,874,938 and Recorded Music $12,982,176, reflecting strong performance and digital growth. For the six months, operating cash flow was $25,304,840 while the company invested $48,122,560 in music catalogs, supporting a larger intangible asset base. Interest expense rose alongside borrowings, partially offset by a smaller loss on swaps. The senior secured revolving credit facility was amended on June 3, 2025 to $550,000,000, with remaining availability of $124,171,590 as of quarter end and a maturity of December 16, 2027. Shares outstanding were 65,588,223 as of October 27, 2025.

Reservoir Media, Inc. (RSVR) furnished a press release announcing its condensed consolidated financial results for the quarter ended September 30, 2025. The press release is attached as Exhibit 99.1.

The company stated this information is furnished and not deemed filed under Section 18 of the Exchange Act. RSVR’s common stock and warrants trade on The Nasdaq Stock Market LLC under the symbols RSVR and RSVRW, respectively.

Reservoir Media insider sales reduced beneficial ownership by 100,000 shares across September 9–10, 2025. The Form 4, filed for director Adam Rothstein, reports three open-market sales: 34,719 shares on 09/09/2025 at a weighted average price of $7.92, 55,000 shares on 09/10/2025 at a weighted average price of $7.80, and 10,281 shares on 09/10/2025 at a weighted average price of $7.81. After each reported sale the filing shows beneficial ownership of 142,827 shares, then 87,827 shares, and finally 77,546 shares. The filing was signed by an attorney-in-fact on 09/11/2025 and includes explanations that each sale was executed in multiple trades with weighted average prices reported.

Form 144 filed for Reservoir Media, Inc. (RSVR) by beneficial owner Adam Rothstein discloses a proposed sale of 65,281 common shares through Merrill Lynch on 09/10/2025 with an aggregate market value of $506,585.29. The filing reports total shares outstanding of 65,559,023.

The securities listed were acquired as compensation on multiple dates between 12/09/2020 and 07/28/2024, totaling the units shown per line items. The form also discloses recent open-market sales by the same person during the prior three months: 74,558 shares on 08/07/2025 ($565,224.16), 48,430 on 08/08/2025 ($361,219.68), and 34,719 on 09/09/2025 ($273,527.81).