Short answer
Reservoir Media, Inc. (RSVR) filed an 8-K current report with the SEC on March 6, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers). CEO Khosrowshahi & President Lafargue: $600K base salary each, 3% annual escalator, 100% bonus target, 100% equity award (vests immediately).
Reservoir Media, Inc. 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- CEO Khosrowshahi & President Lafargue: $600K base salary each, 3% annual escalator, 100% bonus target, 100% equity award (vests immediately)
- CFO Heindlmeyer: $425K base salary, 3% annual escalator, 50% bonus target, 75% equity award (vests immediately)
- All three contracts effective April 1, 2026 with 3-year initial terms; Khosrowshahi auto-renews 2 years, others require Company option to extend
- Immediate-vesting annual equity awards signal meaningful ongoing dilution: combined ~$1.425M in equity grants at current base levels
- Board re-appointment guarantees for CEO and President during their terms lock in insider board representation
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
Other Reservoir Media, Inc. 8-K filings
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