Reservoir Media grants Ryan P. Taylor 488 stock units
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Reservoir Media, Inc. non-employee director Ryan P. Taylor received 488 deferred stock units (DSUs) on November 13, 2026, as quarterly compensation he elected to take in DSUs instead of cash. The award calculation used the $10.23 closing price; the DSUs are scheduled to settle in common shares on July 28, 2027, with Taylor directing settlement shares to ER Reservoir, LLC. His reported direct position following the award was 9,514 shares. Separate indirect holdings report 179,389 shares held by Richmond Hill Capital Partners, LP and 13,665,475 shares held by ER Reservoir, LLC. Taylor disclaims beneficial ownership except to the extent of his pecuniary interest.
Insider Trade Summary
Grant/Award: 488 shares
Grant/Award
1 txn
Insider
Taylor Ryan P.
Role
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 | -- | -- | -- |
| Holding | Common stock, $0.0001 par value F5, F6 | -- | -- | -- |
Holdings After Transaction:
Common stock, $0.0001 par value — 9,514 shares (Direct);
Common stock, $0.0001 par value — 179,389 shares (Indirect, By Richmond Hill Capital Partners, LP);
Common stock, $0.0001 par value — 13,665,475 shares (Indirect, By ER Reservoir, LLC)
Footnotes (6)
- 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 his 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"). The Reporting Person disclaims beneficial ownership of the underlying shares except to the extent of his pecuniary interest therein.
- 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. Represents Restricted Stock Units ("RSUs") and DSUs awarded in connection with the Reporting Person's compensation 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"), Reporting Person 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. The Reporting Person disclaims beneficial ownership of the underlying shares except to the extent of his pecuniary interest therein.
- F4. The amount of securities shown in this row is owned directly by Richmond Hill Capital Partners, LP ("RHCP"). The Reporting Person is the managing member of the general partner of RHCP and the manager of the general partner of Richmond Hill Investment Co., LP, the investment adviser to RHCP, and may be deemed to be a beneficial owner of the shares owned by RHCP. The Reporting Person disclaims any beneficial ownership of any of the Issuer's securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or otherwise, except to the extent of his pecuniary interest therein, and the inclusion of the shares in this report shall not be deemed an admission of beneficial ownership of the reported shares for purposes of Section 16 of the Exchange Act, or for any other purpose.
- F5. The amount of securities shown in this row is owned directly by the Fund. The Reporting Person is the manager of the general partner of a manager of the Fund and may be deemed to be a beneficial owner of the shares owned 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 the Reporting Person directed to be transferred into the account of the Fund due to his position as the manager of the general partner of a manager of the Fund (Cont'd in FN 6)
- F6. (Cont'd from FN5) The Reporting Person 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 his pecuniary interest therein, and the inclusion of the shares in this report shall not be deemed an admission of beneficial ownership of the reported shares for purposes of Section 16 of the Exchange Act, or for any other purpose.
Key Figures
Deferred stock units awarded: 488 DSUs
Closing price used for DSU calculation: $10.23 per share
Reported direct holdings after award: 9,514 shares
+2 more
5 metrics
Deferred stock units awarded
488 DSUs
Quarterly compensation awarded November 13, 2026.
Closing price used for DSU calculation
$10.23 per share
Reservoir Media common stock closing price on November 13, 2026.
Reported direct holdings after award
9,514 shares
Reported following the November 13, 2026 award.
Richmond Hill Capital Partners, LP holdings
179,389 shares
Reported as held indirectly through Richmond Hill Capital Partners, LP.
ER Reservoir, LLC holdings
13,665,475 shares
Reported as held indirectly through ER Reservoir, LLC.
Key Terms
Deferred Stock Units, Restricted Stock Units, 2021 Omnibus Incentive Plan, pecuniary interest, +1 more
5 terms
Deferred Stock Units financial
"Represents Deferred Stock Units awarded under the Reservoir Media, Inc. 2021 Omnibus Incentive Plan"
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.
Restricted Stock Units financial
"Represents Restricted Stock Units and DSUs awarded in connection with the Reporting Person's compensation"
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.
2021 Omnibus Incentive Plan financial
"awarded under the Reservoir Media, Inc. 2021 Omnibus Incentive Plan"
pecuniary interest financial
"except to the extent of his pecuniary interest therein"
Settlement Date financial
"on July 28, 2027 (the Settlement Date)"
The settlement date is the day when a securities trade is finalized: the buyer’s cash is delivered and the seller’s shares or bonds are transferred into the buyer’s account. Think of it like the closing day of a purchase, when ownership and payment officially change hands; until then the trade exists as an agreement but not as completed property transfer. Investors care because payment timing affects cash availability, record of ownership, dividends, and legal rights tied to the asset.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many DSUs did Reservoir Media (RSVR) director Ryan P. Taylor receive?
Ryan P. Taylor, Reservoir Media’s non-employee director, received 488 DSUs on November 13, 2026, for quarterly director compensation after electing DSUs instead of cash. The award calculation used the $10.23 closing price of Reservoir Media common stock that day.
When do Ryan P. Taylor’s Reservoir Media DSUs settle?
The DSUs are scheduled to settle in common shares on July 28, 2027. Taylor directed the shares issued upon settlement into the account of ER Reservoir, LLC.
AI-generated analysis. How Rhea-AI works. Not financial advice.
