4Accepted Sep 17, 9:44 PM ET
Reservoir Media (RSVR) Director Croft Helima Receives Award, Gifts 9,087 Shares
Accepted (ET)
9:44 PM
Sep 17, 2026
Filed
Sep 17, 2026
Documents
1
Size
6.4 KB
Summary
Reservoir Media (RSVR) Director Croft Helima Receives Award, Gifts 9,087 Shares
What Happened
Croft Helima, a director of Reservoir Media, Inc. (RSVR), was awarded 9,087 shares under the company's 2021 Omnibus Incentive Plan and on the same date (Sep 15, 2026) gifted those 9,087 shares as a charitable contribution. The award and the subsequent gift were recorded at $0.00 per share in the Form 4 (i.e., no cash purchase or sale proceeds reported).
Key Details
- Transaction date: 2026-09-15 (award and gift)
- Filing date: 2026-09-17 (filed within the typical two-business-day window)
- Shares awarded: 9,087 at $0.00 (code A — award/grant)
- Shares disposed (gifted): 9,087 at $0.00 (code G — gift)
- Shares owned after transaction: not specified in the filing summary provided
- Footnotes:
- F1: Award represents common stock under the Reservoir Media, Inc. 2021 Omnibus Incentive Plan.
- F2: The reporting person reflected the gift as a charitable contribution; no shares were sold.
Context
An award followed immediately by a gift typically reflects a charitable disposition and does not necessarily signal the director's view of the stock's investment prospects. Because this was an award (not a market purchase) and the shares were gifted (not sold), there were no proceeds reported from a sale.