Reservoir Media (RSVR) director elects quarterly pay in DSU stock units
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 492 shares
Net Buy
1 txn
Insider
Rothstein Adam
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock, $0.0001 par value | 492 | $10.15 | $5K |
Holdings After Transaction:
Common stock, $0.0001 par value — 79,376 shares (Direct)
Footnotes (2)
- F1. Represents Deferred Stock Units ("DSUs") awarded under the Reservoir Media, Inc. 2021 Omnibus Incentive Plan (the "Plan"). Each DSU is the economic equivalent of one share of common stock, $0.0001 par value per share (the "Common Stock"), of Reservoir Media, Inc. (the "Issuer"). The Reporting Person acquired these DSUs in connection with the Reporting Person's quarterly compensation for service as a non-employee director of the Issuer. The Reporting Person elected to receive payment of his quarterly compensation in DSUs in lieu of cash. This issuance of DSUs will be settled in shares of Common Stock on January 1, 2027 (the "Settlement Date").
- F2. The number of DSUs received was calculated based on $10.15, which was the closing price of the Issuer's Common Stock on the date of grant.
Key Figures
DSUs granted: 492 units
Grant calculation price: $10.15 per share
Holdings after transaction: 79,376 shares/DSUs
+1 more
4 metrics
DSUs granted
492 units
Quarterly director compensation award
Grant calculation price
$10.15 per share
Closing price on grant date used to determine DSU count
Holdings after transaction
79,376 shares/DSUs
Total direct position following the award
Settlement date
January 1, 2027
Date DSUs will be settled in common shares
Key Terms
Deferred Stock Units ("DSUs"), Omnibus Incentive Plan, quarterly compensation, Settlement Date
4 terms
Deferred Stock Units ("DSUs") financial
"Represents Deferred Stock Units ("DSUs") awarded under the Reservoir Media, Inc. 2021 Omnibus Incentive Plan"
Omnibus Incentive Plan financial
"awarded under the Reservoir Media, Inc. 2021 Omnibus Incentive Plan (the "Plan")"
An omnibus incentive plan is a single, flexible program a company uses to give employees and executives different types of pay tied to performance — for example stock options, restricted shares, cash bonuses and other awards — all governed by one set of rules. It matters to investors because it determines how many new shares may be created, how leaders are motivated and how much the company will spend on compensation over time; think of it as a master toolbox that affects both costs and the total share supply.
quarterly compensation financial
"acquired these DSUs in connection with the Reporting Person's quarterly compensation for service as a non-employee director"
Settlement Date financial
"This issuance of DSUs will be settled in shares of Common Stock on January 1, 2027 (the "Settlement Date")."
The settlement date is the day when a securities trade is finalized: the buyer’s cash is delivered and the seller’s shares or bonds are transferred into the buyer’s account. Think of it like the closing day of a purchase, when ownership and payment officially change hands; until then the trade exists as an agreement but not as completed property transfer. Investors care because payment timing affects cash availability, record of ownership, dividends, and legal rights tied to the asset.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Reservoir Media (RSVR) report for Adam Rothstein?
Reservoir Media director Adam Rothstein received 492 Deferred Stock Units as quarterly compensation. These DSUs are equivalent to common shares and were granted instead of cash, reflecting routine, compensation-related equity rather than an open-market stock purchase or sale.
At what price were Adam Rothstein’s Reservoir Media DSUs calculated?
The number of DSUs was calculated using a share price of $10.15. This figure represents the closing price of Reservoir Media’s common stock on the grant date and determined how many stock units matched his quarterly director compensation.
Did Adam Rothstein buy or sell Reservoir Media stock on the open market?
No open-market trade occurred; Rothstein received a grant of 492 DSUs as compensation. The Form 4 characterizes the transaction as a grant or award acquisition, reflecting equity-based pay rather than discretionary share buying or selling in the market.