Reservoir Media director acquires 1,221 deferred stock units

Available on EDGAR 11/13/2026 - 09:17 PM EST Accepted by SEC EDGAR 11/13/2026 - 09:16 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Reservoir Media, Inc. (RSVR) director Ezra S. Field acquired 1,221 deferred stock units (DSUs) on November 13, 2026, as quarterly director compensation he elected to receive in DSUs instead of cash. Each DSU is economically equivalent to one common share, and the award is scheduled to settle in common shares on January 1, 2027. The award calculation used a common-stock closing price of $10.23 on the grant date. Field’s reported position following the transaction was 185,751 shares.

Insider Trade Summary

Grant/Award: 1,221 shares

Grant/Award 1 txn

Insider Field Ezra S.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common stock, $0.0001 par value F1, F2	1,221	$10.23	$12K

Holdings After Transaction: Common stock, $0.0001 par value — 185,751 shares (Direct)

Footnotes (2)

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 $10.23, which was the closing price of the Issuer's Common Stock on the date of grant.

Key Figures

DSUs awarded: 1,221 DSUs Common-stock closing price used to calculate award: $10.23 per share Reported position following transaction: 185,751 shares

3 metrics

DSUs awarded 1,221 DSUs Quarterly director compensation acquired November 13, 2026

Common-stock closing price used to calculate award $10.23 per share Closing price on November 13, 2026

Reported position following transaction 185,751 shares Ezra S. Field’s reported position after the transaction

Key Terms

Deferred Stock Units, 2021 Omnibus Incentive Plan

2 terms

Deferred Stock Units financial

"Represents Deferred Stock Units ("DSUs") awarded"

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.

2021 Omnibus Incentive Plan financial

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

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many DSUs did the RSVR director acquire?

Ezra S. Field acquired 1,221 DSUs on November 13, 2026, for quarterly compensation he elected to receive in DSUs instead of cash. Each DSU is economically equivalent to one common share and is scheduled to settle in common shares on January 1, 2027.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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)
11/13/2026

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	11/13/2026		A(1)		1,221(2)	A	$10.23	185,751	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 $10.23, which was the closing price of the Issuer's Common Stock on the date of grant.

	/s. James A. Heindlmeyer, as attorney-in-fact for Ezra S. Field	11/13/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)