Welcome to our dedicated page for Reservoir Media SEC filings (Ticker: RSVRW), 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.
Our SEC filing database is enhanced with expert analysis from Rhea-AI, providing insights into the potential impact of each filing on Reservoir Media's stock performance. Each filing includes a concise AI-generated summary, sentiment and impact scores, and end-of-day stock performance data showing the actual market reaction. Navigate easily through different filing types including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, proxy statements (DEF 14A), and Form 4 insider trading disclosures.
Designed for fundamental investors and regulatory compliance professionals, our page simplifies access to critical SEC filings. By combining real-time EDGAR feed updates, Rhea-AI's analytical insights, and historical stock performance data, we provide comprehensive visibility into Reservoir Media's regulatory disclosures and financial reporting.
Reservoir Media, Inc. files its annual report describing its FY 2026 business, strategy and risk profile, alongside a review of recent takeover interest. The company operates two main segments: Music Publishing and Recorded Music.
For the year ended March 31, 2026, Music Publishing generated about $117 million, or roughly 66% of revenue, while Recorded Music contributed about $52 million, or 29%. Reservoir highlights a catalog built through more than $600 million of acquisitions over five years and growing exposure to high‑growth streaming markets such as MENA and India.
The board formed a special committee to evaluate unsolicited, non‑binding cash proposals from Irenic Capital at $10.00–$11.00 per share and from Richmond Hill/Wesbild at $10.50 per share, with no assurance any transaction will be completed. The filing also outlines extensive industry, operational, financial, and regulatory risks, including reliance on major digital platforms, currency fluctuations, leverage under a $550 million credit facility and evolving copyright and AI regulation.
Reservoir Media, Inc. files its annual report describing its FY 2026 business, strategy and risk profile, alongside a review of recent takeover interest. The company operates two main segments: Music Publishing and Recorded Music.
For the year ended March 31, 2026, Music Publishing generated about $117 million, or roughly 66% of revenue, while Recorded Music contributed about $52 million, or 29%. Reservoir highlights a catalog built through more than $600 million of acquisitions over five years and growing exposure to high‑growth streaming markets such as MENA and India.
The board formed a special committee to evaluate unsolicited, non‑binding cash proposals from Irenic Capital at $10.00–$11.00 per share and from Richmond Hill/Wesbild at $10.50 per share, with no assurance any transaction will be completed. The filing also outlines extensive industry, operational, financial, and regulatory risks, including reliance on major digital platforms, currency fluctuations, leverage under a $550 million credit facility and evolving copyright and AI regulation.
Reservoir Media reported record results for fiscal 2026 with solid growth across its music portfolio. Revenue for the year ended March 31, 2026 rose 11% to $175.7 million, driven by a 9% increase in Music Publishing revenue and 16% growth in Recorded Music revenue, helped by catalog acquisitions.
Operating income grew 9% to $38.2 million, while Adjusted EBITDA increased 12% to $73.6 million, reflecting higher revenue and lower cost of revenue as a percentage of sales. Net income was $7.8 million, roughly flat year over year, as higher interest and tax expense offset operating gains.
Cash from operating activities reached $50.1 million, and total liquidity was $117.1 million, with $25.9 million in cash and $91.2 million available under the revolver. For fiscal 2027, Reservoir guides to revenue of $186–191 million and Adjusted EBITDA of $75–79 million, implying mid-single-digit growth at the midpoints.
Reservoir Media reported record results for fiscal 2026 with solid growth across its music portfolio. Revenue for the year ended March 31, 2026 rose 11% to $175.7 million, driven by a 9% increase in Music Publishing revenue and 16% growth in Recorded Music revenue, helped by catalog acquisitions.
Operating income grew 9% to $38.2 million, while Adjusted EBITDA increased 12% to $73.6 million, reflecting higher revenue and lower cost of revenue as a percentage of sales. Net income was $7.8 million, roughly flat year over year, as higher interest and tax expense offset operating gains.
Cash from operating activities reached $50.1 million, and total liquidity was $117.1 million, with $25.9 million in cash and $91.2 million available under the revolver. For fiscal 2027, Reservoir guides to revenue of $186–191 million and Adjusted EBITDA of $75–79 million, implying mid-single-digit growth at the midpoints.
Reservoir Media, Inc. CEO Golnar Khosrowshahi reported a compensation-related share disposition. On April 1, 2026, 70,115 shares of common stock at $9.65 per share were withheld by the company to cover tax obligations tied to vesting restricted stock units. This was a tax-withholding disposition, not an open-market sale. After this event, Khosrowshahi directly holds 335,649 common shares of Reservoir Media.
Reservoir Media, Inc. CEO Golnar Khosrowshahi reported a compensation-related share disposition. On April 1, 2026, 70,115 shares of common stock at $9.65 per share were withheld by the company to cover tax obligations tied to vesting restricted stock units. This was a tax-withholding disposition, not an open-market sale. After this event, Khosrowshahi directly holds 335,649 common shares of Reservoir Media.
Reservoir Media, Inc. approved new amended and restated employment agreements for its three named executive officers: CEO Golnar Khosrowshahi, President & COO Rell Lafargue, and CFO James Heindlmeyer, effective April 1, 2026. These agreements replace their prior contracts and set multi‑year terms.
Ms. Khosrowshahi and Mr. Lafargue each receive a $600,000 annual base salary, while Mr. Heindlmeyer receives $425,000, with automatic 3.0% annual increases starting April 1, 2027. The CEO and President & COO are eligible for annual cash bonuses targeted at 100% of base salary and annual equity awards equal to 100% of base salary, vesting in full at grant. The CFO’s annual bonus target is 50% of base salary, with annual equity awards equal to 75% of base salary, also vesting in full at grant.
All agreements include customary non‑compete, non‑interference, non‑disclosure and non‑solicitation covenants and define termination for “Cause” and “Good Reason.” The CEO and President & COO are to be re‑appointed to the board during their respective terms.
Reservoir Media, Inc. approved new amended and restated employment agreements for its three named executive officers: CEO Golnar Khosrowshahi, President & COO Rell Lafargue, and CFO James Heindlmeyer, effective April 1, 2026. These agreements replace their prior contracts and set multi‑year terms.
Ms. Khosrowshahi and Mr. Lafargue each receive a $600,000 annual base salary, while Mr. Heindlmeyer receives $425,000, with automatic 3.0% annual increases starting April 1, 2027. The CEO and President & COO are eligible for annual cash bonuses targeted at 100% of base salary and annual equity awards equal to 100% of base salary, vesting in full at grant. The CFO’s annual bonus target is 50% of base salary, with annual equity awards equal to 75% of base salary, also vesting in full at grant.
All agreements include customary non‑compete, non‑interference, non‑disclosure and non‑solicitation covenants and define termination for “Cause” and “Good Reason.” The CEO and President & COO are to be re‑appointed to the board during their respective terms.
Reservoir Media received a preliminary, non-binding proposal from Wesbild and Richmond Hill Investment Co. to take the company private at $10.50 per share in cash. The offer targets all outstanding common stock not already owned by the Investors or certain affiliates.
The price reflects an approximately 39% premium to the February 25, 2026 closing price and about 41% over the 90-day volume-weighted average price. Richmond Hill–related entities report beneficial ownership stakes of up to about 21% of Reservoir’s common stock. Any transaction would require a special independent board committee, regulatory approvals and a definitive agreement, and could result in Nasdaq delisting and deregistration if completed.
Reservoir Media received a preliminary, non-binding proposal from Wesbild and Richmond Hill Investment Co. to take the company private at $10.50 per share in cash. The offer targets all outstanding common stock not already owned by the Investors or certain affiliates.
The price reflects an approximately 39% premium to the February 25, 2026 closing price and about 41% over the 90-day volume-weighted average price. Richmond Hill–related entities report beneficial ownership stakes of up to about 21% of Reservoir’s common stock. Any transaction would require a special independent board committee, regulatory approvals and a definitive agreement, and could result in Nasdaq delisting and deregistration if completed.
Reservoir Media, Inc. received a preliminary, non-binding proposal from Wesbild, Inc. and Richmond Hill Investment Co., LP to take the company private. The investors propose to buy all outstanding common shares they and their affiliates do not already own for $10.50 in cash per share.
The offer represents about a 39% premium to the February 25, 2026 closing price and roughly 41% above the 90‑day volume‑weighted average price through that date. The transaction would not be subject to a financing condition and, if completed, would result in delisting from Nasdaq and termination of SEC registration, subject to review and approval by an independent special committee of the board and other customary conditions.
Reservoir Media, Inc. received a preliminary, non-binding proposal from Wesbild, Inc. and Richmond Hill Investment Co., LP to take the company private. The investors propose to buy all outstanding common shares they and their affiliates do not already own for $10.50 in cash per share.
The offer represents about a 39% premium to the February 25, 2026 closing price and roughly 41% above the 90‑day volume‑weighted average price through that date. The transaction would not be subject to a financing condition and, if completed, would result in delisting from Nasdaq and termination of SEC registration, subject to review and approval by an independent special committee of the board and other customary conditions.
Reservoir Media, Inc. investors have proposed taking the company private at a cash price of $10.50 per share. An investor group led by Wesbild, Inc. and Richmond Hill Investment Co., LP submitted a preliminary, non-binding proposal to buy all outstanding common stock they and certain affiliates do not already own in a going‑private transaction.
The offer represents an approximately 39% premium to the February 25, 2026 closing price and about a 41% premium to the 90‑day volume‑weighted average price through that date. Richmond Hill plans to arrange financing, and the proposal is not expected to include a financing condition. The investors expect a special committee of independent directors to evaluate the proposal with its own legal and financial advisers, and any deal would require approvals and a definitive agreement before closing, after which the stock would be delisted and deregistered.
Reservoir Media, Inc. investors have proposed taking the company private at a cash price of $10.50 per share. An investor group led by Wesbild, Inc. and Richmond Hill Investment Co., LP submitted a preliminary, non-binding proposal to buy all outstanding common stock they and certain affiliates do not already own in a going‑private transaction.
The offer represents an approximately 39% premium to the February 25, 2026 closing price and about a 41% premium to the 90‑day volume‑weighted average price through that date. Richmond Hill plans to arrange financing, and the proposal is not expected to include a financing condition. The investors expect a special committee of independent directors to evaluate the proposal with its own legal and financial advisers, and any deal would require approvals and a definitive agreement before closing, after which the stock would be delisted and deregistered.
Reservoir Media, Inc. large shareholders led by Richmond Hill Investment Co. and Wesbild have submitted a preliminary, non-binding proposal to take the company private. They propose buying all outstanding common shares they do not already own for $10.50 in cash per share.
The offer represents an approximately 39% premium to the February 25, 2026 closing price and about 41% above the 90‑day volume‑weighted average price. Various Richmond Hill and Essex entities, together with Ryan P. Taylor, report beneficial ownership stakes around 20–21% of Reservoir’s common stock, with one entity reporting 21.45%.
The investors expect the board to form an independent special committee to evaluate the proposal, hire its own advisers, and negotiate terms. The proposal is not subject to a financing contingency, but there is no assurance a definitive agreement will be reached or that any transaction will be completed. If completed, Reservoir’s shares would be delisted from Nasdaq and deregistered, and the company would become privately held.
Reservoir Media, Inc. large shareholders led by Richmond Hill Investment Co. and Wesbild have submitted a preliminary, non-binding proposal to take the company private. They propose buying all outstanding common shares they do not already own for $10.50 in cash per share.
The offer represents an approximately 39% premium to the February 25, 2026 closing price and about 41% above the 90‑day volume‑weighted average price. Various Richmond Hill and Essex entities, together with Ryan P. Taylor, report beneficial ownership stakes around 20–21% of Reservoir’s common stock, with one entity reporting 21.45%.
The investors expect the board to form an independent special committee to evaluate the proposal, hire its own advisers, and negotiate terms. The proposal is not subject to a financing contingency, but there is no assurance a definitive agreement will be reached or that any transaction will be completed. If completed, Reservoir’s shares would be delisted from Nasdaq and deregistered, and the company would become privately held.
Reservoir Media, Inc. is the subject of a new going‑private proposal from existing investors. Wesbild, Inc. and Richmond Hill Investment Co., LP have submitted a preliminary, non-binding offer to buy all outstanding common shares they and certain affiliates do not already own for $10.50 per share in cash.
The offer price represents an approximately 39% premium to the February 25, 2026 closing price and about 41% above the 90‑day volume‑weighted average price through that date. Several affiliated funds, including Essex Equity Joint Investment Vehicle, LLC, report beneficial ownership stakes of around 21% of Reservoir’s common stock, based on 65,600,219 shares outstanding as of January 26, 2026. The investors expect an independent special committee of the board to review the proposal, and there is no assurance that a definitive agreement or transaction will result.
Reservoir Media, Inc. is the subject of a new going‑private proposal from existing investors. Wesbild, Inc. and Richmond Hill Investment Co., LP have submitted a preliminary, non-binding offer to buy all outstanding common shares they and certain affiliates do not already own for $10.50 per share in cash.
The offer price represents an approximately 39% premium to the February 25, 2026 closing price and about 41% above the 90‑day volume‑weighted average price through that date. Several affiliated funds, including Essex Equity Joint Investment Vehicle, LLC, report beneficial ownership stakes of around 21% of Reservoir’s common stock, based on 65,600,219 shares outstanding as of January 26, 2026. The investors expect an independent special committee of the board to review the proposal, and there is no assurance that a definitive agreement or transaction will result.
Reservoir Media, Inc. major shareholders led by Richmond Hill Investment Co., LP and Wesbild, Inc. have submitted a preliminary, non-binding proposal to take the company private. The investors propose to acquire all outstanding common shares they and certain affiliates do not already own for $10.50 per share in cash.
The offer represents an approximately 39% premium to the February 25, 2026 closing price and about 41% above the 90-day volume-weighted average price through that date. Richmond Hill intends to arrange financing and the proposal states the transaction would not be subject to a financing condition.
The investors expect Reservoir’s board to form a fully empowered special committee of independent directors to evaluate the proposal and any alternatives. Affiliates of Richmond Hill and Essex Equity report beneficial ownership stakes of up to 21.45% of Reservoir Media’s common stock as of January 26, 2026.
Reservoir Media, Inc. major shareholders led by Richmond Hill Investment Co., LP and Wesbild, Inc. have submitted a preliminary, non-binding proposal to take the company private. The investors propose to acquire all outstanding common shares they and certain affiliates do not already own for $10.50 per share in cash.
The offer represents an approximately 39% premium to the February 25, 2026 closing price and about 41% above the 90-day volume-weighted average price through that date. Richmond Hill intends to arrange financing and the proposal states the transaction would not be subject to a financing condition.
The investors expect Reservoir’s board to form a fully empowered special committee of independent directors to evaluate the proposal and any alternatives. Affiliates of Richmond Hill and Essex Equity report beneficial ownership stakes of up to 21.45% of Reservoir Media’s common stock as of January 26, 2026.