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Insider Buy Insider Buy August 12, 2024

Rothstein Adam purchased ~$69K in Reservoir Media, Inc. stock

Reservoir Media, Inc. (RSVR)  ·  Data via SEC EDGAR Form 4

Verity Signals Research Published Updated

= insider buy date

90-day return

+27.8%
RSVR price after insider trade by Rothstein Adam

Insider

Rothstein Adam

Role

Transaction

Open-Market Purchase

Approx. Value

~$69K

Trade Date

Aug 12, 2024

Company

Reservoir Media, Inc.

Ticker

RSVR

Source

SEC EDGAR Form 4

Very Strong conviction signal

Scored in the top tier across multiple factors. Fewer than 5% of insider trades receive this rating.

~$69K purchase

A personal investment by a corporate insider. Even smaller trades can be meaningful when combined with other factors like timing and role.

+27.8% in 90 days

Measured from trade date to 90 days later. We track the performance of every insider trade to identify which insiders consistently make profitable moves.

RA

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Full track record: win rate, average return, and performance vs S&P 500

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On August 12, 2024, Rothstein Adam — a corporate insider at Reservoir Media, Inc. — filed a Form 4 with the SEC disclosing an open-market purchase of approximately ~$69K in Reservoir Media, Inc. (RSVR) stock.

Under Section 16(a) of the Securities Exchange Act of 1934, corporate insiders must report all open-market stock transactions to the SEC within two business days. These filings — known as Form 4s — are publicly available on the SEC's EDGAR database. VeritySignals filters and scores the full Form 4 stream to surface high-conviction signals like this one.

In the 90 days following this trade, RSVR returned +27.8%

Full Conviction Analysis

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All data sourced from publicly available SEC Form 4 filings via EDGAR · Not financial advice · Past performance does not guarantee future results.

Signal strength Very Strong
Trade size ~$69K
Insider role Insider
90-day return +27.8%

What is this?

When company executives buy or sell their own stock, they must report it to the SEC within 2 days. These public filings reveal what the people who know the company best are doing with their own money.

Why does it matter?

Insiders can sell for many reasons (taxes, diversification, expenses), but they generally only buy for one: they think the stock is going up. That's why insider purchases are more predictive than sales.

What makes a trade "strong"?

We score trades on 15+ factors: the insider's role (CEO > director), trade size relative to their salary, whether other insiders also bought (clusters), and historical accuracy of the insider.

Read our full methodology →

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