Reservoir Media grants director Taylor 488 stock units
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Form Type
4
Rhea-AI Filing Summary
Reservoir Media, Inc. (RSVR) director Ryan P. Taylor received 488 deferred stock units (DSUs) as quarterly compensation on November 13, 2026, after electing units instead of cash. The DSUs were calculated using the common stock’s $10.23 closing price that day and are scheduled to settle in common shares on July 28, 2027. Taylor’s reported post-transaction beneficial-ownership amount was 9,514 securities; he disclaims beneficial ownership except to the extent of his pecuniary interest.
Insider Trade Summary
Grant/Award: 488 shares
Grant/Award
1 txn
Insider
ER Reservoir LLC, Richmond Hill Investments, LLC, Richmond Hill Investment Co., LP, Richmond Hill Capital Management, LLC, Taylor Ryan P.
Role
10% Owner | Insider | Insider | Insider | Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock, $0.0001 par value F1, F2, F3 | 488 | $10.23 | $5K |
| Holding | Common stock, $0.0001 par value F4, F5, F6, F7 | -- | -- | -- |
Holdings After Transaction:
Common stock, $0.0001 par value — 9,514 shares (Indirect, See Footnote);
Common stock, $0.0001 par value — 13,655,475 shares (Direct)
Footnotes (7)
- F1. The shares being reported represent Deferred Stock Units (“DSUs”) awarded under the Reservoir Media, Inc. 2021 Omnibus Incentive Plan (the "Plan") to Ryan P. Taylor. 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 DSUs were issued in connection with Mr. Taylor’s quarterly compensation for service as a non-employee director. Mr. Taylor elected to receive payment of his quarterly compensation in DSUs in lieu of cash. The DSUs will be settled in shares of Common Stock on July 28, 2027 (the “Settlement Date”).
- 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.
- F3. Amount of securities beneficially owned following the reported transaction includes 8,032 shares of Common Stock underlying Restricted Stock Units ("RSUs") and 1,482 shares of Common Stock underlying DSUs awarded to Mr. Taylor for service as a non-employee director of the Issuer. Due to his position as the manager of the general partner of a manager of ER Reservoir LLC (the “Fund”), Mr. Taylor has directed the Issuer to transfer shares issued upon settlement of the RSUs and DSUs into the account of the Fund on the applicable Settlement Date. Mr. Taylor disclaims beneficial ownership of the underlying shares except to the extent of his pecuniary interest therein.
- F4. The Reporting Persons listed on this Form 4 may be deemed members of a group holding equity securities of the Issuer. The filing of this Form 4 shall not be deemed to be an admission that the Reporting Persons are members of such group.
- F5. The amount of securities shown in this row is owned directly by the Fund. As a manager of the Fund, Richmond Hill Investments, LLC (the “RHI Manager”) may be deemed to be a beneficial owner of 9,907,469 of the Issuer’s securities held by the Fund. As a manager of the Fund, Richmond Hill Investment Co., LP (the “RHIC Manager”) may be deemed to be a beneficial owner of 3,758,006 of the Issuer’s securities held by the Fund. As the general partner of the RHIC Manager, Richmond Hill Capital Management, LLC (the “General Partner”) may be deemed to be a beneficial owner of 3,758,006 of the Issuer’s securities held by the Fund. (continued in footnote 6)
- F6. (Continued from footnote 5) As the manager of the General Partner, Ryan P. Taylor may be deemed to be a beneficial owner of 3,758,006 of the Issuer's securities held by the Fund. The amount of securities shown in this row also reflects a transfer of a total of 72,682 shares of Common Stock received upon the settlement of previously issued RSUs and DSUs that Mr. Taylor directed to be transferred to the account of the Fund due to his position as the manager of the general partner of a manager of the Fund. Each of the RHI Manager, the RHIC Manager, the General Partner and Mr. Taylor disclaims any beneficial ownership of any of the Issuer's securities reported herein for purposes of Section 16 of the Exchange Act or otherwise, except to the extent of its or his respective pecuniary interest therein.
- F7. The Reporting Persons listed on this Form 4 may be deemed members of a group with Essex Equity Joint Investment Vehicle, LLC and certain of its affiliates (collectively, the "Essex Entities") and Richmond Hill Capital Partners, LP and certain of its affiliates (collectively, the "RHCP Entities"), which have each previously filed a Form 3 and Forms 4 with respect to equity securities of the Issuer. The filing of this Form 4 shall not be deemed to be an admission that the Reporting Persons are members of such a group with any of the Essex Entities or the RHCP Entities and the Reporting Persons disclaim beneficial ownership of any securities beneficially owned by the Essex Entities and the RHCP Entities, except to the extent of their pecuniary interests therein.
Key Figures
DSUs awarded: 488 DSUs
Grant-date common stock closing price: $10.23 per share
Reported post-transaction beneficial-ownership amount: 9,514 securities
+2 more
5 metrics
DSUs awarded
488 DSUs
Awarded to Ryan P. Taylor on November 13, 2026, as quarterly compensation.
Grant-date common stock closing price
$10.23 per share
The price used to calculate the DSUs on November 13, 2026.
Reported post-transaction beneficial-ownership amount
9,514 securities
Includes shares underlying RSUs and DSUs; Taylor disclaims beneficial ownership except to the extent of his pecuniary interest.
Shares underlying RSUs
8,032 shares
Included in Taylor’s reported post-transaction beneficial-ownership amount.
Shares underlying DSUs
1,482 shares
Included in Taylor’s reported post-transaction beneficial-ownership amount.
Key Terms
Deferred Stock Units, 2021 Omnibus Incentive Plan, Restricted Stock Units, pecuniary interest
4 terms
Deferred Stock Units financial
"Deferred Stock Units awarded under the Plan to Ryan P. Taylor"
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
"awarded under the Reservoir Media, Inc. 2021 Omnibus Incentive Plan"
Restricted Stock Units financial
"shares of Common Stock underlying Restricted Stock Units"
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.
pecuniary interest financial
"except to the extent of his pecuniary interest therein"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many DSUs did Reservoir Media director Ryan P. Taylor receive?
Ryan P. Taylor received 488 DSUs as quarterly compensation on November 13, 2026. He elected to receive his compensation in DSUs instead of cash, and the units are scheduled to settle in common shares on July 28, 2027.
AI-generated analysis. How Rhea-AI works. Not financial advice.
