Welcome to our dedicated page for Reservoir Media SEC filings (Ticker: RSVR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Reservoir Media, Inc. filings document material-event reporting for an independent music company with Nasdaq-listed common stock under RSVR and warrants under RSVRW. Recent Form 8-K disclosures cover quarterly condensed consolidated financial results, Regulation FD investor presentations, annual meeting voting results, and senior executive compensation arrangements.
The filings also identify Reservoir as a Delaware corporation and an emerging growth company in its Exchange Act reports. Its governance disclosures include stockholder votes on director elections, while its capital-structure disclosures identify common stock and whole warrants exercisable for common shares.
Reservoir Media, Inc. generated revenue of $41,482,053 for the quarter ended June 30, 2026, up from $37,164,293 a year earlier, led by Recorded Music growth and catalog acquisitions. Music Publishing contributed $26,512,891 and Recorded Music $14,100,392, with international revenue rising to $19,143,357.
Operating income was $5,378,374, but higher interest expense of $6,905,300 and a foreign-exchange loss resulted in a net loss of $508,386, while the loss attributable to Reservoir shareholders narrowed to $93,111, or $0.00 per share. Adjusted EBITDA increased to $15,695 thousand, while cash from operations turned to an outflow of $1,407,361 as royalty and working-capital timing reduced cash. The company invested $19,787,664 in catalogs and acquisitions, including the $5,892,734 Viral Wave deal focused on MENA distribution, funded partly by drawing its Senior Credit Facility to $464,828,410. Cash and cash equivalents ended at $13,660,380, with total assets of $948,887,975 and borrowing availability of $85,171,590 under the revolver; the company reports compliance with all covenants. A special board committee, advised by Morgan Stanley and Wachtell Lipton, continues evaluating unsolicited, non-binding proposals from shareholder groups to acquire the company.
Reservoir Media, Inc. reported first quarter fiscal 2027 revenue of $41.5 million, up 12% from $37.2 million a year earlier, for the quarter ended June 30, 2026. Music Publishing revenue grew 6% to $26.5 million, while Recorded Music revenue rose 35% to $14.1 million, driven mainly by digital and synchronization growth and timing of releases and licenses.
Operating income was stable at $5.4 million. Company-wide OIBDA increased 7% to $13.7 million and Adjusted EBITDA rose 13% to $15.7 million, while net loss narrowed to $0.5 million, or $0.00 per share, from $0.6 million, helped by a gain on the fair value of swaps offset by higher interest expense and foreign exchange losses.
Cash used in operating activities was $1.4 million, an improvement of $7.4 million year over year. As of June 30, 2026, cash and cash equivalents were $13.7 million with $85.2 million available under the revolving credit facility, for total liquidity of $98.9 million, against total debt of $462.2 million and Net Debt of $448.5 million. The company reaffirmed its fiscal 2027 outlook for revenue of $186–$191 million and Adjusted EBITDA of $75–$79 million.
Reservoir Media, Inc. is having its warrants expiring on July 28, 2026 removed from listing and registration on the Nasdaq Stock Market LLC. Nasdaq certifies it has complied with its own rules to strike this class of warrants and that the issuer has complied with exchange rules and 17 CFR 240.12d2-2(c) governing voluntary withdrawal under Section 12(b) of the Securities Exchange Act of 1934.
Reservoir Media, Inc. is asking stockholders to vote at a virtual 2026 annual meeting on August 6, 2026 at 12:00 p.m. Eastern Time. Investors will elect three Class II directors (Todd C. Harvey, Jennifer G. Koss and Adam Rothstein), ratify Deloitte & Touche LLP as auditor for the year ending March 31, 2027, and cast advisory votes on executive pay and how often future say‑on‑pay votes should occur.
The board recommends voting for all director nominees, for ratifying Deloitte, for the executive compensation program, and for holding say‑on‑pay votes every year. The filing describes a classified board with nine directors, fully independent audit, compensation, and nominating committees, and details on corporate governance, risk oversight, ESG practices and human capital management for about 100 employees as of March 31, 2026.
The proxy also outlines updated employment agreements effective April 1, 2026 for CEO Golnar Khosrowshahi and President/COO Rell Lafargue at $600,000 base salaries and for CFO Jim Heindlmeyer at $425,000, each with higher bonus targets and annual equity awards tied to performance objectives.
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.
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.
Field Ezra S. reported acquisition or exercise transactions in this Form 4 filing.
Reservoir Media, Inc. director Ezra S. Field reported receiving a grant of 1,231 Deferred Stock Units (DSUs) as part of his quarterly compensation for serving as a non-employee director. The DSUs were valued at $10.15 per unit, based on the company’s closing share price on the grant date.
Each DSU is economically equivalent to one share of common stock and is scheduled to be settled in actual shares on January 1, 2027. After this award, Field’s directly held equity position reported in this filing totals 175,243 shares and DSU equivalents.
Rothstein Adam reported acquisition or exercise transactions in this Form 4 filing.
Reservoir Media, Inc. director Adam Rothstein reported receiving 492 Deferred Stock Units (DSUs) of common stock as part of his quarterly compensation for service as a non-employee director. He elected to take this compensation in DSUs instead of cash, based on a stock closing price of $10.15 per share on the grant date.
Each DSU is economically equivalent to one share of common stock and will be settled in actual shares on January 1, 2027. Following this compensation-related award, Rothstein now directly holds a total of 79,376 shares and DSUs, reflecting ongoing equity-based alignment with the company.
Cook Stephen M. reported acquisition or exercise transactions in this Form 4 filing.
Reservoir Media, Inc. director Stephen M. Cook reported receiving 492 Deferred Stock Units (DSUs) as part of his quarterly compensation for service as a non-employee director. He elected to receive this compensation in DSUs instead of cash, with each DSU economically equivalent to one share of common stock valued at $10.15 on the grant date.
The DSUs are scheduled to be settled in shares of common stock on July 28, 2027. After this grant, Cook directly holds 946,609 shares of common stock and has an additional 226,089 shares held indirectly through BTCSJC Music LLC. He disclaims beneficial ownership of the underlying DSU shares except to the extent of his pecuniary interest.