Reservoir Media CFO granted 18,567 RSUs
Heindlmeyer James A reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Heindlmeyer James A reported acquisition or exercise transactions in this Form 4 filing.
Reservoir Media, Inc. reported that its Chief Financial Officer, James A. Heindlmeyer, received a grant of 18,567 shares of common stock in the form of Restricted Stock Units (RSUs). These RSUs were awarded at no cash purchase price as part of his compensation.
The RSUs vest in two equal installments on May 31, 2027 and May 31, 2028, contingent on his continued service with the company through those dates. Following this grant, Heindlmeyer directly holds 89,578 shares of Reservoir Media common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock, $0.0001 par value | 18,567 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents Restricted Stock Units ("RSUs") awarded under the Reservoir Media, Inc. 2021 Omnibus Incentive Plan. Each RSU represents a contingent right to receive one share of common stock, $0.0001 par value per share, of Reservoir Media, Inc. (the "Issuer"). The RSUs will vest in two equal installments on May 31, 2027 and May 31, 2028, respectively, subject to the Reporting Person's continued service to the Issuer on such date.
Key Figures
Key Terms
Restricted Stock Units ("RSUs") financial
2021 Omnibus Incentive Plan financial
contingent right financial
vest financial
FAQ
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What insider transaction did Reservoir Media (RSVR) report for its CFO?
When do the new RSUs granted to the Reservoir Media (RSVR) CFO vest?
What type of security was granted to the Reservoir Media (RSVR) CFO?
Was the Reservoir Media (RSVR) CFO’s RSU grant an open-market stock purchase?
AI-generated analysis. How Rhea-AI works. Not financial advice.