Khosrowshahi Golnar 4
4 · Reservoir Media, Inc. · Filed Apr 6, 2026
Research Summary
AI-generated summary of this filing
Reservoir Media CEO Golnar Khosrowshahi Withholds 70,115 Shares
What Happened
Golnar Khosrowshahi, CEO of Reservoir Media, had 70,115 shares of common stock withheld by the company on April 1, 2026 to satisfy tax withholding obligations related to the vesting of restricted stock units. The shares were recorded at $9.65 each for a total value of approximately $676,610. This was a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date: 2026-04-01; Filing date (Form 4): 2026-04-06
- Transaction type/code: Tax withholding upon RSU vesting (F) — 70,115 shares withheld at $9.65 each; total ≈ $676,610
- Shares owned after transaction: Not specified in the provided filing summary
- Footnote: F1 — Shares were withheld by Reservoir Media to cover the reporting person's tax withholding obligations on RSU vesting
- Timeliness: Filing date is provided; the filing’s timeliness (late or on-time) is not indicated in the supplied data
Context
This was a cashless tax withholding tied to RSU vesting — a routine administrative transaction that reduces the number of shares issued to the insider to cover taxes. Such withholdings are common and do not necessarily indicate a change in the insider’s view of the company.
Insider Transaction Report
- Tax Payment
Common stock, $0.0001 par value
[F1]2026-04-01$9.65/sh−70,115$676,610→ 335,649 total
Footnotes (1)
- [F1]Represents shares of common stock withheld by Reservoir Media, Inc. in connection with the vesting of restricted stock units to cover the Reporting Person's tax withholding obligations.