Reservoir Media awards Jennifer G. Koss 488 stock units
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Rhea-AI Filing Summary
Reservoir Media, Inc. (RSVR) director Jennifer G. Koss acquired 488 deferred stock units (DSUs) on November 13, 2026, as quarterly compensation for service as a non-employee director. She elected to receive DSUs instead of cash; each DSU is economically equivalent to one common share and is scheduled to settle in common stock on July 28, 2027. Her reported position following the transaction was 73,757 shares. The DSUs were calculated using the common stock’s $10.23 closing price on the grant date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock, $0.0001 par value F1, F2 | 488 | $10.23 | $5K |
Footnotes (2)
- 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 her quarterly compensation in DSUs in lieu of cash. This issuance of 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.
Key Figures
Key Terms
Deferred Stock Units financial
FAQ
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How many RSVR deferred stock units did Jennifer G. Koss receive?
When will Jennifer G. Koss’s RSVR DSUs settle?
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