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Reservoir Media (RSVR) President and COO receives 155,318 RSU equity award

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Lafargue Rell Q. Jr. reported acquisition or exercise transactions in this Form 4 filing.

Reservoir Media, Inc. reported that President and COO Rell Q. Lafargue Jr. received an equity award in the form of 155,318 Restricted Stock Units (RSUs) tied to its common stock. The award was granted at a stated price of $0.00 per share under the company’s 2021 Omnibus Incentive Plan.

Each RSU represents a contingent right to receive one share of Reservoir Media common stock. The RSUs will vest in two equal installments on May 31, 2027 and May 31, 2028, if he continues to serve the company through those dates. Following this grant, his directly held common stock/RSU-related position reported in this filing totals 611,254 shares.

Positive

  • None.

Negative

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Insider Lafargue Rell Q. Jr.
Role President and COO
Type Security Shares Price Value
Grant/Award Common stock, $0.0001 par value 155,318 $0.00 $0.00
Holdings After Transaction: Common stock, $0.0001 par value — 611,254 shares (Direct)
Footnotes (1)
  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.
RSUs granted 155,318 RSUs Grant to President and COO Rell Q. Lafargue Jr.
Post-transaction holdings 611,254 shares Direct holdings after RSU award
Grant price per share $0.00 per share Stated price for RSU acquisition
First vesting date May 31, 2027 Half of RSUs vest subject to continued service
Second vesting date May 31, 2028 Remaining RSUs vest subject to continued service
Restricted Stock Units ("RSUs") financial
"Represents Restricted Stock Units ("RSUs") awarded under the Reservoir Media, Inc. 2021 Omnibus Incentive Plan."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2021 Omnibus Incentive Plan financial
"RSUs awarded under the Reservoir Media, Inc. 2021 Omnibus Incentive Plan."
contingent right financial
"Each RSU represents a contingent right to receive one share of common stock."
vest financial
"The RSUs will vest in two equal installments on May 31, 2027 and May 31, 2028."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What equity award did Reservoir Media (RSVR) grant to its President and COO?

Reservoir Media granted President and COO Rell Q. Lafargue Jr. an award of 155,318 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of Reservoir Media common stock under the 2021 Omnibus Incentive Plan.

When do the new RSUs for Reservoir Media (RSVR) executive Rell Lafargue vest?

The 155,318 RSUs awarded to Rell Q. Lafargue Jr. vest in two equal installments on May 31, 2027 and May 31, 2028, provided he continues to serve Reservoir Media through each vesting date.

How many Reservoir Media (RSVR) shares does Rell Lafargue hold after this Form 4 transaction?

After the reported RSU grant, Rell Q. Lafargue Jr. is shown with 611,254 shares of Reservoir Media common stock in this filing. This figure reflects his direct holdings following the acquisition of 155,318 RSUs awarded as compensation.

Was the Reservoir Media (RSVR) RSU grant to Rell Lafargue an open-market purchase?

No. The transaction is coded as a grant, award, or other acquisition at a price of $0.00 per share. It represents compensation in Restricted Stock Units, not an open-market purchase of Reservoir Media shares by the executive.

Under which plan were the new RSUs for Reservoir Media (RSVR) executive granted?

The 155,318 RSUs granted to Rell Q. Lafargue Jr. were awarded under the Reservoir Media, Inc. 2021 Omnibus Incentive Plan. This plan governs the company’s equity-based compensation, including Restricted Stock Unit awards tied to common stock.
SEC Form 4
FORM 4UNITED 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*
Lafargue Rell Q. Jr.

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President and COO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/22/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common stock, $0.0001 par value06/22/2026A155,318(1)A$0611,254D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
/s/ James A. Heindlmeyer, as attorney-in-fact for Rell Q. Lafargue, Jr.06/24/2026
** Signature of Reporting PersonDate
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)