Reservoir Media (RSVR) director receives 1,636-share equity award grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Reservoir Media, Inc. director Ezra S. Field reported the acquisition of 1,636 shares of common stock as an equity award. The shares were granted at no cash cost under the Reservoir Media, Inc. 2021 Omnibus Incentive Plan. Following this award, Field directly holds 174,012 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Field Ezra S.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock, $0.0001 par value | 1,636 | $0.00 | -- |
Holdings After Transaction:
Common stock, $0.0001 par value — 174,012 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Reservoir Media (RSVR) disclose in this Form 4?
Reservoir Media disclosed that director Ezra S. Field received an award of 1,636 common shares. The shares were granted at no cash cost as equity compensation under the company’s 2021 Omnibus Incentive Plan.
Was the Reservoir Media (RSVR) Form 4 transaction a market purchase or sale?
The Form 4 reports an acquisition by grant or award, not a market purchase or sale. The 1,636 common shares were issued as compensation under the 2021 Omnibus Incentive Plan at no cash price.
What does transaction code "A" mean in the Reservoir Media (RSVR) Form 4?
Transaction code "A" on the Form 4 indicates a grant, award, or other acquisition of securities. Here, it reflects that Ezra S. Field received 1,636 common shares as an equity award rather than buying them in the market.