Rothstein Adam 4

What Happened
Adam Rothstein, a director of Reservoir Media, Inc. (RSVR), was awarded 654 shares of common stock on February 20, 2026. The shares were granted at $0.00 per share under the company's 2021 Omnibus Incentive Plan — this was an award/compensation grant, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-20; Form 4 filed: 2026-02-24.
• Transaction type/code: Award/Grant (Code A) — 654 shares @ $0.00; aggregate cash paid $0.
• Footnote: Shares represent common stock awarded under the Reservoir Media, Inc. 2021 Omnibus Incentive Plan.
• Shares owned after transaction: Not disclosed in the filing.
• Filing timing: The Form 4 reports the Feb 20 award and was filed four days later (Feb 24); the filing itself does not include a lateness flag in the provided data.

Context
Grants under omnibus incentive plans are routine forms of director/executive compensation and do not necessarily signal the director buying or selling based on private views of the stock. Unlike purchases, awards reflect compensation or retention incentives rather than an immediate bullish cash investment.