4//SEC Filing
Rothstein Adam 4
Accession 0001602273-25-000005
CIK 0001824403other
Filed
Aug 18, 8:00 PM ET
Accepted
Aug 19, 6:48 PM ET
Size
7.3 KB
Accession
0001602273-25-000005
Insider Transaction Report
Form 4
Rothstein Adam
Director
Transactions
- Award
Common stock, $0.0001 par value
2025-08-15$7.67/sh+651$4,993→ 167,116 total - Award
Common stock, $0.0001 par value
2025-08-15+10,430→ 177,546 total
Footnotes (3)
- [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, 2026.
- [F2]The number of DSUs received was calculated based on $7.67, which was the closing price of the Issuer's Common Stock on the date of grant.
- [F3]Represents Restricted Stock Units ("RSUs") awarded under the Plan. Each RSU represents a contingent right to receive one share of common stock. The RSUs will vest on July 28, 2026, subject to Reporting Person's continued service on the board of directors (the "Board") of the Issuer on such date.
Documents
Issuer
Reservoir Media, Inc.
CIK 0001824403
Entity typeother
Related Parties
1- filerCIK 0001602273
Filing Metadata
- Form type
- 4
- Filed
- Aug 18, 8:00 PM ET
- Accepted
- Aug 19, 6:48 PM ET
- Size
- 7.3 KB