Reservoir Media (RSVR) CEO has shares withheld to cover RSU taxes

Rhea-AI Filing Summary

Reservoir Media, Inc. CEO Golnar Khosrowshahi reported a compensation-related share disposition. On April 1, 2026, 70,115 shares of common stock at $9.65 per share were withheld by the company to cover tax obligations tied to vesting restricted stock units. This was a tax-withholding disposition, not an open-market sale. After this event, Khosrowshahi directly holds 335,649 common shares of Reservoir Media.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Khosrowshahi Golnar

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common stock, $0.0001 par value	70,115	$9.65	$677K

Holdings After Transaction: Common stock, $0.0001 par value — 335,649 shares (Direct)

Footnotes (1)

1. [object Object]

Key Figures

Shares withheld for taxes: 70,115 shares Withholding reference price: $9.65 per share Shares held after transaction: 335,649 shares

3 metrics

Shares withheld for taxes 70,115 shares Common stock withheld on April 1, 2026 for RSU tax obligations

Withholding reference price $9.65 per share Value used for tax-withholding disposition of common stock

Shares held after transaction 335,649 shares Direct common stock ownership after tax-withholding event

Key Terms

restricted stock units, tax withholding obligations, tax-withholding disposition, Common stock, $0.0001 par value, +1 more

5 terms

restricted stock units financial

"in connection with the vesting of restricted stock units to cover"

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.

tax withholding obligations financial

"to cover the Reporting Person's tax withholding obligations"

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Common stock, $0.0001 par value financial

"security_title": "Common stock, $0.0001 par value""

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Khosrowshahi Golnar

(Last) (First) (Middle)

C/O RESERVOIR MEDIA, INC.

200 VARICK STREET, SUITE 801

(Street)

NEW YORK NEW YORK 10014

(City) (State) (Zip)

UNITED STATES

(Country)

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
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

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

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

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

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	04/01/2026		F		70,115(1)	D	$9.65	335,649	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 shares of common stock withheld by Reservoir Media, Inc. in connection with the vesting of restricted stock units to cover the Reporting Person's tax withholding obligations.

	/s/ James A. Heindlmeyer, as attorney-in-fact for Golnar Khosrowshahi	04/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did RSVR CEO Golnar Khosrowshahi report?

Golnar Khosrowshahi reported a tax-related share disposition. Reservoir Media withheld 70,115 common shares to cover tax obligations from vested restricted stock units, rather than selling shares in the open market.

How many Reservoir Media (RSVR) shares were withheld for taxes?

Reservoir Media withheld 70,115 common shares at $9.65 per share. These shares covered Golnar Khosrowshahi’s tax withholding obligations arising from the vesting of restricted stock units granted as compensation.

Did the RSVR CEO sell shares on the open market in this Form 4?

The Form 4 does not show an open-market sale. Instead, 70,115 shares were withheld by Reservoir Media to satisfy tax obligations from restricted stock unit vesting, a common non-market compensation-related transaction.

How many Reservoir Media shares does the CEO hold after this transaction?

Following the tax-withholding transaction, Golnar Khosrowshahi holds 335,649 Reservoir Media common shares directly. This figure reflects her remaining direct ownership after the company withheld shares to cover RSU-related tax obligations.

What does transaction code F mean in this RSVR Form 4 filing?

Transaction code F indicates a disposition to pay taxes or exercise costs. Here, it records shares withheld by Reservoir Media to cover Golnar Khosrowshahi’s tax liabilities from restricted stock unit vesting, not a discretionary market sale.