Reservoir Media officer reports tax-withheld shares
Reservoir Media, Inc. director and President/COO Rell Q. Lafargue Jr. reported two routine tax-related share dispositions.
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Rhea-AI Filing Summary
Reservoir Media, Inc. director and President/COO Rell Q. Lafargue Jr. reported two routine tax-related share dispositions. On common stock vesting from restricted stock units, the company withheld 51,911 shares and 68,219 shares at a price of $10.32 per share to cover his tax withholding obligations. These Form 4 transactions were coded as tax-withholding dispositions rather than open-market sales.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common stock, $0.0001 par value | 68,219 | $10.32 | $704K |
| Exercise Price or Tax Liability | Common stock, $0.0001 par value | 51,911 | $10.32 | $536K |
Footnotes (1)
- F1. Represents shares of common stock withheld by Reservoir Media, Inc. in connection with the vesting of restricted stock units to cover the Reporting Person's tax withholding obligations.
Key Figures
Key Terms
Form 4 regulatory
restricted stock units financial
tax withholding obligations financial
non-derivative financial
transaction code F regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Reservoir Media (RSVR) report for Rell Q. Lafargue Jr.?
Were the Reservoir Media (RSVR) insider transactions open-market sales?
What does transaction code F mean in the Reservoir Media (RSVR) Form 4 filing?
Does the Reservoir Media (RSVR) Form 4 show remaining holdings for Rell Q. Lafargue Jr.?
AI-generated analysis. How Rhea-AI works. Not financial advice.