Rothstein Adam 4
4 · Reservoir Media, Inc. · Filed Jun 24, 2026
Research Summary
AI-generated summary of this filing
Reservoir Media (RSVR) Director Adam Rothstein Receives 492 DSUs
What Happened
Adam Rothstein, a non-employee director of Reservoir Media, Inc. (RSVR), was awarded 492 Deferred Stock Units (DSUs) on 2026-06-22. The DSUs were valued at $10.15 each (the closing share price on the grant date), for a total economic value of about $4,994. This was an award of compensation (not an open-market purchase or sale).
Key Details
- Transaction date and price: 2026-06-22; 492 DSUs calculated at $10.15 per share.
- Total value: approximately $4,994 (492 × $10.15).
- Shares owned after transaction: not disclosed in the filing.
- Footnotes: (1) DSUs granted under the Reservoir Media, Inc. 2021 Omnibus Incentive Plan as quarterly director compensation elected in lieu of cash; (2) the DSU count was based on the $10.15 closing price. The DSUs are the economic equivalent of one share each and will be settled in common stock on January 1, 2027.
- Filing timeliness: no late-filing indication provided in the supplied record.
Context
DSUs are a form of deferred equity compensation: recipients receive the economic equivalent of shares now but will receive actual shares (or their value) at the stated settlement date. Awards to non-employee directors are routine corporate compensation and do not by themselves indicate a buy or sell signal in the open market.
Insider Transaction Report
- Award
Common stock, $0.0001 par value
[F1][F2]2026-06-22$10.15/sh+492$4,994→ 79,376 total
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.