Reservoir Media (RSVR) gives director 1,255 DSUs and 8,032 RSUs

Rhea-AI Filing Summary

Reservoir Media, Inc. (RSVR) reported that director Ezra S. Field acquired equity-based compensation on August 14, 2026. He received 1,255 Deferred Stock Units (DSUs) in lieu of cash quarterly director fees, each DSU economically equivalent to one common share and scheduled to settle in common stock on January 1, 2027. He also received 8,032 Restricted Stock Units (RSUs) that each represent a contingent right to one share, vesting on July 28, 2027, subject to his continued service on the board.

Insider Trade Summary

Net Buyer: 9,287 shares

Net Buy 2 txns

Insider Field Ezra S.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common stock, $0.0001 par value F1, F2	1,255	$6.96	$9K
Grant/Award	Common stock, $0.0001 par value F3	8,032	$0.00	$0.00

Holdings After Transaction: Common stock, $0.0001 par value — 184,530 shares (Direct)

Footnotes (3)

1. F1. Represents Deferred Stock Units ("DSUs") awarded under the Reservoir Media, Inc. 2021 Omnibus Incentive Plan (the "Plan"). Each DSU is the economic equivalent of one share of common stock, $0.0001 par value per share (the "Common Stock"), of Reservoir Media, Inc. (the "Issuer"). The Reporting Person acquired these DSUs in connection with the Reporting Person's quarterly compensation for service as a non-employee director of the Issuer. The Reporting Person elected to receive payment of his quarterly compensation in DSUs in lieu of cash. This issuance of DSUs will be settled in shares of Common Stock on January 1, 2027 (the "Settlement Date").
2. F2. The number of DSUs received was calculated based on $9.96, which was the closing price of the Issuer's Common Stock on the date of grant.
3. F3. Represents Restricted Stock Units ("RSUs") awarded under the Plan. Each RSU represents a contingent right to receive one share of common stock. The RSUs will vest on July 28, 2027, subject to Reporting Person's continued service on the board of directors (the "Board") of the Issuer on such date.

Key Figures

Deferred Stock Units granted: 1,255 shares Restricted Stock Units granted: 8,032 shares DSU calculation share price: $9.96 per share

3 metrics

Deferred Stock Units granted 1,255 shares DSUs granted to Ezra S. Field as quarterly director compensation on August 14, 2026

Restricted Stock Units granted 8,032 shares RSUs awarded to Ezra S. Field under the 2021 Omnibus Incentive Plan

DSU calculation share price $9.96 per share Closing price of RSVR common stock on the grant date used to calculate DSUs

Key Terms

Deferred Stock Units, Restricted Stock Units, 2021 Omnibus Incentive Plan

3 terms

Deferred Stock Units financial

"Represents Deferred Stock Units ("DSUs") awarded under the Reservoir Media, Inc. 2021 Omnibus Incentive Plan"

Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.

Restricted Stock Units financial

"Represents Restricted Stock Units ("RSUs") awarded under the Plan. Each RSU represents a contingent right"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

2021 Omnibus Incentive Plan financial

"awarded under the Reservoir Media, Inc. 2021 Omnibus Incentive Plan (the "Plan")"

FAQ

What insider transactions did RSVR director Ezra S. Field report on this Form 4?

Ezra S. Field reported two equity awards: 1,255 Deferred Stock Units (DSUs) in lieu of cash director fees and 8,032 Restricted Stock Units (RSUs), both tied to Reservoir Media, Inc. common stock.

How many Deferred Stock Units did Ezra S. Field receive from RSVR and on what basis?

He received 1,255 DSUs, each economically equivalent to one RSVR common share. The number of DSUs was calculated using a $9.96 closing price for Reservoir Media, Inc. common stock on the grant date.

When will the DSUs awarded to Ezra S. Field by RSVR be settled?

The DSUs are scheduled to be settled in shares of common stock on January 1, 2027. They represent quarterly compensation for his service as a non-employee director, which he elected to receive in DSUs instead of cash.

What are the vesting terms of the 8,032 RSUs granted by RSVR to Ezra S. Field?

The 8,032 RSUs will vest on July 28, 2027, provided Ezra S. Field continues to serve on Reservoir Media, Inc.’s board of directors through that date. Each RSU represents a contingent right to receive one common share.

Did RSVR’s Form 4 indicate any open-market stock purchases or sales by Ezra S. Field?

No. The Form 4 reports only equity awards (DSUs and RSUs) granted as director compensation. There were no open-market purchases or sales of Reservoir Media, Inc. common stock disclosed in this filing.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/18/2026 - 08:40 PM Accepted by SEC EDGAR 08/18/2026 - 08:40 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Field Ezra S.

(Last) (First) (Middle)

C/O RESERVOIR MEDIA, INC.

200 VARICK STREET, SUITE 801

(Street)

NEW YORK NEW YORK 10014

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Reservoir Media, Inc. [ RSVR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common stock, $0.0001 par value	08/14/2026		A(1)		1,255(2)	A	$6.96	176,498	D
Common stock, $0.0001 par value	08/14/2026		A(3)		8,032	A	$0	184,530	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents Deferred Stock Units ("DSUs") awarded under the Reservoir Media, Inc. 2021 Omnibus Incentive Plan (the "Plan"). Each DSU is the economic equivalent of one share of common stock, $0.0001 par value per share (the "Common Stock"), of Reservoir Media, Inc. (the "Issuer"). The Reporting Person acquired these DSUs in connection with the Reporting Person's quarterly compensation for service as a non-employee director of the Issuer. The Reporting Person elected to receive payment of his quarterly compensation in DSUs in lieu of cash. This issuance of DSUs will be settled in shares of Common Stock on January 1, 2027 (the "Settlement Date").

2. The number of DSUs received was calculated based on $9.96, which was the closing price of the Issuer's Common Stock on the date of grant.

3. Represents Restricted Stock Units ("RSUs") awarded under the Plan. Each RSU represents a contingent right to receive one share of common stock. The RSUs will vest on July 28, 2027, subject to Reporting Person's continued service on the board of directors (the "Board") of the Issuer on such date.

	/s. James A. Heindlmeyer, as attorney-in-fact for Ezra S. Field	08/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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* Form 4: SEC 1474 (03-26)