Form 4: Reservoir Media Director Ryan P. Taylor Reports Changes in Beneficial Ownership

Ryan P. Taylor, a director at Reservoir Media, Inc., reports the acquisition of Deferred Stock Units (DSUs) and adjustments to beneficial ownership of common stock through various entities.

Summary

• On February 14, 2025, Ryan P. Taylor, a director of Reservoir Media, Inc., reported changes in beneficial ownership.
• Taylor acquired 621 Deferred Stock Units (DSUs) at a price of $8.04 each, representing compensation for service as a non-employee director.
• These DSUs will be settled in shares of Common Stock on July 28, 2025.
• Taylor also indirectly holds shares through Richmond Hill Capital Partners, LP (179,389 shares), Essex Equity Joint Investment Vehicle, LLC (418,576 shares), and ER Reservoir, LLC (13,638,620 shares).
• Taylor disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.

Sentiment

Score: 7

Explanation: The document is a standard regulatory filing detailing changes in beneficial ownership. It doesn't contain overtly positive or negative information, but the acquisition of DSUs as compensation can be viewed as a slightly positive indicator of the director's continued involvement with the company.

Positives

• The acquisition of DSUs reflects ongoing compensation for Taylor's role as a director.
• The director elected to receive payment of his quarterly compensation in DSUs in lieu of cash.

Future Outlook

The DSUs acquired will be settled in shares of Common Stock on July 28, 2025.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is common in publicly traded companies.

Stakeholder Impact

• The acquisition of DSUs by a director may signal confidence in the company's future performance to shareholders.

Key Dates

Keywords

beneficial ownership, Reservoir Media, Form 4, director, Ryan P. Taylor, DSU, RSU, common stock