Sirius XM CFO updates ownership after $0.27 dividend RSU grant
Rhea-AI Filing Summary
Sirius XM Holdings Inc. (SIRI) reported a routine insider update showing its EVP and CFO received additional stock units tied to a recent dividend. On November 21, 2025, Sirius XM paid a cash dividend of $0.27 per share on its outstanding common stock, payable to holders of record on November 5, 2025. Under the terms of his restricted stock unit (RSU) agreements, the CFO was granted 1,591 additional RSUs at a price of $0.0000, reflecting the dividend. After this adjustment, he beneficially owns 163,571 shares directly and 1,644 shares indirectly through a 401(k) plan. The new RSUs carry the same vesting and settlement conditions as the original awards.
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FAQ
What does the Sirius XM (SIRI) Form 4 filed by the EVP and CFO report?
The Form 4 reports that Sirius XM's EVP and CFO received additional restricted stock units (RSUs) as an adjustment related to a recent cash dividend, and updates his total beneficial ownership in Sirius XM common stock.
How many additional RSUs did the Sirius XM (SIRI) CFO receive?
The CFO received 1,591 additional restricted stock units of Sirius XM common stock at a reported price of
What dividend did Sirius XM (SIRI) pay that triggered the RSU adjustment?
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How many Sirius XM (SIRI) shares does the CFO beneficially own after this Form 4 transaction?
Following the reported transaction, the CFO beneficially owns 163,571 shares directly and 1,644 shares indirectly through a 401(k) plan, as disclosed in the Form 4.
Do the new RSUs for the Sirius XM (SIRI) CFO have different vesting terms?
No. The filing states that the additional RSUs are subject to the same conditions regarding vesting and settlement as the underlying restricted stock units to which they relate.
Is the Sirius XM (SIRI) Form 4 a sign of a new compensation plan?
The Form 4 describes a dividend-related adjustment to existing restricted stock units under their governing agreement, rather than a new compensation plan, and updates the CFO's ownership position.