Equity award boosts Reservoir Media (RSVR) director’s share holdings

Rhea-AI Filing Summary

Rothstein Adam reported acquisition or exercise transactions in this Form 4 filing.

Reservoir Media, Inc. director Adam Rothstein reported receiving an equity award of 654 shares of common stock. The shares were granted under the company’s 2021 Omnibus Incentive Plan, rather than bought on the open market. After this grant, his directly held stake totals 78,884 shares.

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

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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^*

Rothstein Adam

(Last) (First) (Middle)

C/O RESERVOIR MEDIA, INC.

200 VARICK STREET, SUITE 801

(Street)

NEW YORK NY 10014

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026

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

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

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

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	02/20/2026		A(1)		654	A	$0	78,884	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 common stock, $0.0001 par value per share, of Reservoir Media, Inc. (the "Issuer") awarded under the Reservoir Media, Inc. 2021 Omnibus Incentive Plan (the "Plan").

	/s/ James A. Heindlmeyer, as attorney-in-fact for Adam Rothstein	02/24/2026
	** Signature of Reporting Person	Date
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FAQ

What did Reservoir Media (RSVR) director Adam Rothstein report on this Form 4?

Adam Rothstein reported an equity award of 654 Reservoir Media shares. The common stock was granted under the company’s 2021 Omnibus Incentive Plan, increasing his directly owned position to 78,884 shares, rather than reflecting an open-market purchase or sale.

How many Reservoir Media (RSVR) shares did Adam Rothstein acquire in this transaction?

Adam Rothstein acquired 654 shares of Reservoir Media common stock. The shares were granted as an award with a reported price of 0.0000 per share, consistent with stock-based compensation, and are part of his direct ownership reported in this insider filing.

What is Adam Rothstein’s total Reservoir Media (RSVR) shareholding after the reported grant?

After the award, Adam Rothstein directly holds 78,884 Reservoir Media shares. This total includes the newly granted 654 shares of common stock, all reported as directly owned following the non-derivative equity award transaction on the Form 4.

Was the Reservoir Media (RSVR) Form 4 transaction a market purchase or sale?

The transaction was an equity award, not a market trade. The Form 4 lists code “A” for grant, award, or other acquisition, with a per-share price of 0.0000, indicating stock-based compensation rather than an open-market buy or sell.

Under which plan was Adam Rothstein’s Reservoir Media (RSVR) stock award granted?

The 654-share award was granted under the Reservoir Media, Inc. 2021 Omnibus Incentive Plan. Footnotes state that the reported common stock represents shares awarded pursuant to this plan, which governs the company’s stock-based compensation for eligible participants.