[Form 4] SIRIUS XM HOLDINGS INC. Insider Trading Activity
Sirius XM Holdings Inc. (SIRI) reported a Form 4 filing for a director who received additional restricted stock units as an automatic adjustment tied to a cash dividend.
Rhea-AI Filing Summary
Sirius XM Holdings Inc. (SIRI) reported a Form 4 filing for a director who received additional restricted stock units as an automatic adjustment tied to a cash 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 the director’s restricted stock unit agreement, the dividend resulted in the issuance of 98 additional restricted stock units at a price of $0.0000.
Following this adjustment, the reporting person beneficially owns 4,790,620 shares of common stock directly and 520,840 shares indirectly through a GRAT. The new units carry the same vesting and settlement conditions as the original restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 98 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. On November 21, 2025, Sirius XM Holdings Inc. ("Sirius XM") paid a cash dividend of $0.27 per share on each share of its outstanding common stock. The dividend was payable to all holders of Sirius XM's common stock on the record date, November 5, 2025. Pursuant to the terms of the agreement governing the outstanding restricted stock units held by the filer, the filer received certain additional restricted stock units as a result of this cash dividend. These additional units are subject to the same conditions regarding vesting and settlement as the underlying restricted stock units to which they relate.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SIRI report in this Form 4?
The filing shows a Sirius XM Holdings Inc. (SIRI) director received 98 additional restricted stock units on November 21, 2025 as an adjustment related to a cash dividend.
What dividend did Sirius XM (SIRI) pay that triggered the RSU adjustment?
On November 21, 2025, Sirius XM paid a $0.27 per-share cash dividend on each share of its outstanding common stock to holders of record on November 5, 2025.
At what price were the additional SIRI restricted stock units issued?
The 98 additional restricted stock units were reported at a price of $0.0000 per unit, reflecting an automatic adjustment under the RSU agreement rather than an open-market purchase.
Do the additional Sirius XM restricted stock units have different vesting terms?
No. The filing states the additional units are subject to the same vesting and settlement conditions as the underlying restricted stock units to which they relate.
What is the relationship of the reporting person to Sirius XM (SIRI)?
The reporting person is identified as a Director of Sirius XM Holdings Inc. and filed the Form 4 as a single reporting person.
AI-generated analysis. How Rhea-AI works. Not financial advice.