Sirius XM (SIRI) director gets 98 RSUs after $0.27 dividend
Sirius XM Holdings Inc. (SIRI) reported a routine insider update showing a director’s equity holdings changed due to a cash dividend-related adjustment.
Rhea-AI Filing Summary
Sirius XM Holdings Inc. (SIRI) reported a routine insider update showing a director’s equity holdings changed due to a cash dividend-related adjustment. On November 21, 2025, Sirius XM paid a cash dividend of $0.27 per share on each share of its outstanding common stock to holders of record on November 5, 2025.
Under the terms of the reporting person’s restricted stock unit (RSU) agreement, this dividend triggered the issuance of 98 additional RSUs at a price of $0.0000 per unit. Following this adjustment, the reporting person beneficially owns 37,284 shares of common stock directly and 103,056 shares indirectly through a trust. The newly issued RSUs carry the same vesting and settlement conditions as the original RSUs.
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 was reported for SIRI on this Form 4?
What dividend did Sirius XM (SIRI) pay that affected the RSUs?
Why did the Sirius XM insider receive additional restricted stock units?
Do the new Sirius XM RSUs have different vesting terms?
What is the relationship of the reporting person to Sirius XM Holdings Inc.?
AI-generated analysis. How Rhea-AI works. Not financial advice.