Form 4: Reservoir Media CFO Awarded Over 25,000 Restricted Stock Units

Reservoir Media, Inc.'s Chief Financial Officer, James A. Heindlmeyer, was granted 25,186 Restricted Stock Units (RSUs) as part of the company's 2021 Omnibus Incentive Plan.

Summary

• James A. Heindlmeyer, Chief Financial Officer of Reservoir Media, Inc. (RSVR), was awarded 25,186 Restricted Stock Units (RSUs) on June 5, 2025.
• These RSUs were granted under the Reservoir Media, Inc. 2021 Omnibus Incentive Plan.
• Each RSU represents a contingent right to receive one share of common stock, with a par value of $0.0001 per share.
• The RSUs will vest in two equal installments on May 31, 2026, and May 31, 2027, contingent upon Mr. Heindlmeyer's continued service to the Issuer.
• Following this transaction, Mr. Heindlmeyer beneficially owns 84,406 shares of common stock directly.

Sentiment

Score: 7

Explanation: The sentiment is positive as it represents a standard executive compensation award, aligning management's interests with shareholders and promoting retention. It does not indicate any negative operational or financial news.

Positives

• The award of Restricted Stock Units to the Chief Financial Officer aligns management's interests with those of shareholders, promoting long-term retention and performance.
• The grant is part of an established incentive plan (2021 Omnibus Incentive Plan), indicating a structured approach to executive compensation.

Future Outlook

The document primarily details a past equity award transaction and its future vesting schedule, rather than providing forward-looking statements on the company's financial performance or strategic direction.

Industry Context

This Form 4 filing reflects a standard practice in corporate governance where publicly traded companies use equity awards, such as Restricted Stock Units, to compensate and incentivize key executives. This is common across various industries, including the media sector, to align management's long-term interests with shareholder value creation and ensure executive retention.

Comparison to Industry Standards

• The use of Restricted Stock Units (RSUs) as a component of executive compensation is a widely adopted practice across industries, including media companies like Reservoir Media, Inc. This aligns with global benchmarks for executive incentive plans.
• The vesting schedule over multiple years (2026 and 2027) is typical for RSU awards, designed to promote long-term commitment and performance, comparable to practices at other publicly traded media and entertainment companies such as Warner Music Group (WMG) or Universal Music Group (UMG) in their executive compensation structures.

Related Party Transactions

• The award of Restricted Stock Units to James A. Heindlmeyer, the Chief Financial Officer, constitutes a transaction between the company and a related party (an executive officer).

Stakeholder Impact

• Shareholders: The RSU award aligns the CFO's long-term financial interests with the company's stock performance, potentially benefiting shareholders through improved executive retention and performance incentives.
• Employees: The award to a key executive may signal stability in leadership and a commitment to retaining talent.

Next Steps

• The RSUs will vest in two equal installments on May 31, 2026, and May 31, 2027, subject to continued service.

Key Dates

Keywords

Reservoir Media, RSVR, SEC Form 4, Restricted Stock Units, RSUs, Insider Transaction, Executive Compensation, Chief Financial Officer, James A. Heindlmeyer, Equity Award, Incentive Plan