secwatch.observer — SEC 8-K summary
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Issuer:     Reservoir Media, Inc. (RSVR)
CIK:        0001824403
Form:       8-K
Filed at:   2026-03-06T23:59:59+00:00
Accession:  0001104659-26-024798
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Reservoir Media enters amended employment agreements with CEO, President & CFO effective April 1, 2026
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- CEO Golnar Khosrowshahi receives $600K base salary, 100% target bonus, 100% base equity award (fully vested); 3-year term from Apr 1 2026.
- President Rell Lafargue gets $600K base, 100% target bonus, 100% base equity; company option to extend term by 2 years.
- CFO James Heindlmeyer receives $425K base, 50% target bonus, 75% base equity; 3-year term with company option to extend.
- All agreements include 3% annual base salary increases from Apr 1 2027, customary non-compete/non-solicitation, and severance benefits.
- On termination without cause or for good reason, CEO severance includes lump sum of 2x base salary, bonus, and equity for remaining term.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1824403/000110465926024798/0001104659-26-024798-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1824403/000110465926024798/tm268253d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-024798

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer