Form 4: Reservoir Media CEO Golnar Khosrowshahi Reports Stock Transaction

Golnar Khosrowshahi, CEO of Reservoir Media, reports the withholding of shares to cover tax obligations related to vesting restricted stock units.

Summary

• On April 1, 2025, Golnar Khosrowshahi, CEO of Reservoir Media, had 65,755 shares of common stock withheld to cover tax obligations.
• The shares were withheld in connection with the vesting of restricted stock units.
• The price per share was $7.4.
• Following the transaction, Khosrowshahi directly owns 279,737 shares of Reservoir Media.

Sentiment

Score: 5

Explanation: This is a neutral report of a routine transaction. It doesn't indicate positive or negative sentiment about the company's performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction reflects the standard practice of withholding shares to cover tax obligations upon the vesting of restricted stock units, a common form of executive compensation.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a routine tax withholding.

Key Dates

Keywords

Reservoir Media, Golnar Khosrowshahi, RSVR, Form 4, Stock Transaction, Tax Withholding, Restricted Stock Units, CEO