Reservoir Media Inc SEC Filings

Reservoir Media insider sales reduced beneficial ownership by 100,000 shares across September 9–10, 2025. The Form 4, filed for director Adam Rothstein, reports three open-market sales: 34,719 shares on 09/09/2025 at a weighted average price of $7.92, 55,000 shares on 09/10/2025 at a weighted average price of $7.80, and 10,281 shares on 09/10/2025 at a weighted average price of $7.81. After each reported sale the filing shows beneficial ownership of 142,827 shares, then 87,827 shares, and finally 77,546 shares. The filing was signed by an attorney-in-fact on 09/11/2025 and includes explanations that each sale was executed in multiple trades with weighted average prices reported.

Form 144 filed for Reservoir Media, Inc. (RSVR) by beneficial owner Adam Rothstein discloses a proposed sale of 65,281 common shares through Merrill Lynch on 09/10/2025 with an aggregate market value of $506,585.29. The filing reports total shares outstanding of 65,559,023.

The securities listed were acquired as compensation on multiple dates between 12/09/2020 and 07/28/2024, totaling the units shown per line items. The form also discloses recent open-market sales by the same person during the prior three months: 74,558 shares on 08/07/2025 ($565,224.16), 48,430 on 08/08/2025 ($361,219.68), and 34,719 on 09/09/2025 ($273,527.81).

Form 144 notice for Reservoir Media, Inc. (RSVR) shows a proposed sale of 34,719 common shares through Merrill Lynch on NASDAQ with an aggregate market value of $273,527.81, and lists the approximate sale date as 09/09/2025. The shares to be sold were acquired as compensation from Adam Rothstein on multiple dates between 02/11/2022 and 11/08/2024, totaling 60,069 shares acquired. The filing also discloses prior sales by the same person in August 2025: 74,558 shares sold on 08/07/2025 for $565,224.16 and 48,430 shares sold on 08/08/2025 for $361,219.68, totaling 122,988 shares and $926,443.84 in gross proceeds.

Adam Rothstein, a director of Reservoir Media, Inc. (RSVR), reported two equity awards on 08/15/2025. He received 651 Deferred Stock Units (DSUs) as quarterly director compensation, calculated using the closing share price of $7.67 on the grant date; those DSUs will be settled in common stock on January 1, 2026. He also received 10,430 Restricted Stock Units (RSUs) that vest on July 28, 2026, subject to continued board service. Following the DSU issuance his beneficial holdings rose to 167,116 shares and after the RSU grant to 177,546 shares. The Form 4 was signed by an attorney-in-fact on 08/19/2025.

Insider award of restricted stock units to a director The Form 4 shows that Jennifer G. Koss, a director of Reservoir Media, Inc. (RSVR), was granted 10,430 restricted stock units (RSUs) under the company's 2021 Omnibus Incentive Plan. Each RSU converts to one share of common stock and the award carries a $0 per-share purchase price. The RSUs are contingent on continued board service and vest on July 28, 2026. After the award, Ms. Koss is reported to beneficially own 64,243 shares of common stock. The disclosure identifies the grant as non‑derivative equity compensation for board service.

Neil de Gelder, a director of Reservoir Media, Inc. (RSVR), reported an acquisition of 10,430 restricted stock units (RSUs) on 08/15/2025. Each RSU represents the contingent right to receive one share of the company's common stock and the award carries a $0 per-unit price, reflecting a grant rather than a market purchase. Following the grant, Mr. de Gelder beneficially owns 61,136 shares of common stock in a direct ownership form. The RSUs are subject to vesting and will convert to shares if the reporting person remains a board member through the stated vesting date.

Stephen M. Cook, a director of Reservoir Media, Inc. (RSVR), reported equity awards and beneficial ownership changes on Form 4. On 08/15/2025 he was awarded 651 Deferred Stock Units (DSUs) as director compensation, calculated at the closing price of $7.67 per share, and 10,430 Restricted Stock Units (RSUs) that vest subject to continued board service. The DSUs will be settled in shares on July 28, 2026 and the RSUs vest on July 28, 2026. Following these transactions the reporting person directly beneficially owned 944,779 shares and indirectly owned 226,089 shares through BTCSJC Music LLC. The filing was signed on 08/19/2025 by an attorney-in-fact.

Reservoir Media director Ryan P. Taylor reported equity awards and holdings in a Form 4. On 08/15/2025 he received 651 Deferred Stock Units (DSUs) valued at $7.67 each, which will be settled for common shares on July 28, 2026. He also received 10,430 Restricted Stock Units (RSUs) that vest on July 28, 2026. Following these grants, Taylor is shown with 3,852 shares directly and significant indirect holdings: 179,389 shares via Richmond Hill Capital Partners, LP; 418,576 shares via Essex Equity Joint Investment Vehicle, LLC; and 13,649,855 shares via ER Reservoir, LLC. Taylor disclaims beneficial ownership of shares held by those entities except to the extent of his pecuniary interest.

Ezra S. Field, a director of Reservoir Media, Inc. (RSVR), reported equity awards on Form 4 reflecting his director compensation elections. On 08/15/2025 he was credited 1,629 Deferred Stock Units (DSUs) valued at $7.67 each, to be settled in common shares on January 1, 2026, and 10,430 Restricted Stock Units (RSUs) that vest on July 28, 2026 subject to continued board service. After these transactions, he beneficially owned 170,664 shares. The DSUs represent quarterly director pay elected in equity rather than cash; RSUs are time-based and contingent on continued service.