If you notice that videos stored on the SD card are not deleted after performing a reset or restore, this is expected behavior. Resetting or restoring a Reolink camera only reverts settings (some or all) to their default values—it does not erase any video footage stored on the SD card.
Currently, most Reolink products do not support manually deleting specific video files. Only a few models offer this feature. For details on how to delete SD card videos, refer to: Can I Delete Certain Video Footages That Stored in Micro SD Card and HDD via Reolink Software.