Reservoir Media Inc SEC Filings

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.

Reservoir Media, Inc. (RSVR) reported insider transactions by ER Reservoir LLC and affiliated Richmond Hill entities showing equity awards to director Ryan P. Taylor and large fund holdings. Mr. Taylor was granted 10,430 RSUs that vest July 28, 2026, contingent on continued board service, and received 651 DSUs (calculated at a $7.67 closing price) that will be settled in shares on July 28, 2026. The filing shows the Fund directly holds 9,896,145 shares and related reporting persons may be deemed beneficial owners of portions of the Fund holdings (for example, 3,753,710 shares attributed to certain managers). Reporting persons disclaim beneficial ownership except to the extent of pecuniary interest.

Reservoir Media, Inc. filed a Form 8-K to note that it has made a new investor presentation available on its website as of August 19, 2025. The presentation, dated the same day, is included as Exhibit 99.1 and is incorporated by reference into this report, but is expressly treated as "furnished" rather than "filed" for purposes of securities law liability. The company also indicates that the cover page information is provided in Inline XBRL format as Exhibit 104.