Welcome to our dedicated page for Reservoir Media SEC filings (Ticker: RSVR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Reservoir Media, Inc. filings document material-event reporting for an independent music company with Nasdaq-listed common stock under RSVR and warrants under RSVRW. Recent Form 8-K disclosures cover quarterly condensed consolidated financial results, Regulation FD investor presentations, annual meeting voting results, and senior executive compensation arrangements.
The filings also identify Reservoir as a Delaware corporation and an emerging growth company in its Exchange Act reports. Its governance disclosures include stockholder votes on director elections, while its capital-structure disclosures identify common stock and whole warrants exercisable for common shares.
Reservoir Media, Inc. released a new investor presentation and made it available on its investor relations website. The same presentation is also attached as Exhibit 99.1, titled “Investor Presentation, dated June 17, 2026.”
The company clarifies that this investor presentation, including the exhibit, is being furnished rather than filed, which means it is not automatically subject to certain Exchange Act liabilities or incorporated into other SEC filings unless specifically referenced.
Reservoir Media, Inc. reported that director Stephen M. Cook will not stand for re-election as a Class II director at the 2026 Annual Meeting of Stockholders. He will continue serving on the Board, including as Chair of the Nominating and Corporate Governance Committee, until his current term expires.
The company stated that Mr. Cook’s decision was not due to any disagreement regarding operations, policies, or practices. The Board approved a 2026 director slate that replaces Mr. Cook with new Class II nominee Todd C. Harvey, who has extensive leadership experience across digital media, entertainment, technology, and financial services.
Reservoir Media, Inc. director and President/COO Rell Q. Lafargue Jr. reported two routine tax-related share dispositions. On common stock vesting from restricted stock units, the company withheld 51,911 shares and 68,219 shares at a price of $10.32 per share to cover his tax withholding obligations. These Form 4 transactions were coded as tax-withholding dispositions rather than open-market sales.
Reservoir Media, Inc.’s Chief Financial Officer, James A. Heindlmeyer, reported routine share dispositions tied to tax withholding rather than market sales. On May 31, 2026, a total of 13,395 shares of common stock were withheld in connection with the vesting of restricted stock units at $10.32 per share.
The Form 4 shows two tax-withholding dispositions of 6,963 shares and 6,432 shares, each priced at $10.32, with the CFO continuing to hold a substantial direct stake after these non‑market transactions. These events reflect standard equity compensation tax handling, not open‑market buying or selling.
Reservoir Media, Inc. files its annual report describing its FY 2026 business, strategy and risk profile, alongside a review of recent takeover interest. The company operates two main segments: Music Publishing and Recorded Music.
For the year ended March 31, 2026, Music Publishing generated about $117 million, or roughly 66% of revenue, while Recorded Music contributed about $52 million, or 29%. Reservoir highlights a catalog built through more than $600 million of acquisitions over five years and growing exposure to high‑growth streaming markets such as MENA and India.
The board formed a special committee to evaluate unsolicited, non‑binding cash proposals from Irenic Capital at $10.00–$11.00 per share and from Richmond Hill/Wesbild at $10.50 per share, with no assurance any transaction will be completed. The filing also outlines extensive industry, operational, financial, and regulatory risks, including reliance on major digital platforms, currency fluctuations, leverage under a $550 million credit facility and evolving copyright and AI regulation.
Reservoir Media reported record results for fiscal 2026 with solid growth across its music portfolio. Revenue for the year ended March 31, 2026 rose 11% to $175.7 million, driven by a 9% increase in Music Publishing revenue and 16% growth in Recorded Music revenue, helped by catalog acquisitions.
Operating income grew 9% to $38.2 million, while Adjusted EBITDA increased 12% to $73.6 million, reflecting higher revenue and lower cost of revenue as a percentage of sales. Net income was $7.8 million, roughly flat year over year, as higher interest and tax expense offset operating gains.
Cash from operating activities reached $50.1 million, and total liquidity was $117.1 million, with $25.9 million in cash and $91.2 million available under the revolver. For fiscal 2027, Reservoir guides to revenue of $186–191 million and Adjusted EBITDA of $75–79 million, implying mid-single-digit growth at the midpoints.
Reservoir Media, Inc. CEO Golnar Khosrowshahi reported a compensation-related share disposition. On April 1, 2026, 70,115 shares of common stock at $9.65 per share were withheld by the company to cover tax obligations tied to vesting restricted stock units. This was a tax-withholding disposition, not an open-market sale. After this event, Khosrowshahi directly holds 335,649 common shares of Reservoir Media.
Reservoir Media, Inc. approved new amended and restated employment agreements for its three named executive officers: CEO Golnar Khosrowshahi, President & COO Rell Lafargue, and CFO James Heindlmeyer, effective April 1, 2026. These agreements replace their prior contracts and set multi‑year terms.
Ms. Khosrowshahi and Mr. Lafargue each receive a $600,000 annual base salary, while Mr. Heindlmeyer receives $425,000, with automatic 3.0% annual increases starting April 1, 2027. The CEO and President & COO are eligible for annual cash bonuses targeted at 100% of base salary and annual equity awards equal to 100% of base salary, vesting in full at grant. The CFO’s annual bonus target is 50% of base salary, with annual equity awards equal to 75% of base salary, also vesting in full at grant.
All agreements include customary non‑compete, non‑interference, non‑disclosure and non‑solicitation covenants and define termination for “Cause” and “Good Reason.” The CEO and President & COO are to be re‑appointed to the board during their respective terms.
Reservoir Media received a preliminary, non-binding proposal from Wesbild and Richmond Hill Investment Co. to take the company private at $10.50 per share in cash. The offer targets all outstanding common stock not already owned by the Investors or certain affiliates.
The price reflects an approximately 39% premium to the February 25, 2026 closing price and about 41% over the 90-day volume-weighted average price. Richmond Hill–related entities report beneficial ownership stakes of up to about 21% of Reservoir’s common stock. Any transaction would require a special independent board committee, regulatory approvals and a definitive agreement, and could result in Nasdaq delisting and deregistration if completed.
Reservoir Media, Inc. received a preliminary, non-binding proposal from Wesbild, Inc. and Richmond Hill Investment Co., LP to take the company private. The investors propose to buy all outstanding common shares they and their affiliates do not already own for $10.50 in cash per share.
The offer represents about a 39% premium to the February 25, 2026 closing price and roughly 41% above the 90‑day volume‑weighted average price through that date. The transaction would not be subject to a financing condition and, if completed, would result in delisting from Nasdaq and termination of SEC registration, subject to review and approval by an independent special committee of the board and other customary conditions.