Sirius XM EVP granted 1,759 RSUs via dividend
SIRIUS XM HOLDINGS INC. executive Eve Mothner, EVP and Chief Legal Officer, reported an acquisition of 1,759 shares of common stock as a grant/award.
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Form Type
4
Rhea-AI Filing Summary
SIRIUS XM HOLDINGS INC. executive Eve Mothner, EVP and Chief Legal Officer, reported an acquisition of 1,759 shares of common stock as a grant/award. These additional restricted stock units were issued in connection with a $0.27 per share cash dividend paid on May 27, 2026, to holders of record on May 11, 2026. After this award, she directly holds 172,975 shares, and the new units carry the same vesting and settlement conditions as the underlying restricted stock units.
Insider Trade Summary
Grant/Award: 1,759 shares
Grant/Award
1 txn
Insider
Mothner Eve
Role
EVP, Chief Legal Officer & Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,759 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 172,975 shares (Direct)
Footnotes (1)
- F1. On May 27, 2026, 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, May 11, 2026. 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.
Key Figures
RSUs granted: 1,759 shares
Dividend per share: $0.27 per share
Total holdings after transaction: 172,975 shares
+1 more
4 metrics
RSUs granted
1,759 shares
Additional restricted stock units credited on May 27, 2026
Dividend per share
$0.27 per share
Cash dividend paid May 27, 2026 to holders of record May 11, 2026
Total holdings after transaction
172,975 shares
Common stock directly held by Eve Mothner after award
Transaction price per share
$0.00
Grant/award acquisition of restricted stock units
Key Terms
restricted stock units, cash dividend, vesting, settlement, +1 more
5 terms
restricted stock units financial
"Pursuant to the terms of the agreement governing the outstanding restricted stock units held by the filer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
cash dividend financial
"paid a cash dividend of $0.27 per share on each share of its outstanding common stock"
A cash dividend is a payment made by a company to its shareholders directly in money, usually on a regular schedule. It is a way for investors to receive a portion of the company's profits, similar to earning interest or a bonus for holding the company's stock. Cash dividends provide income to shareholders and can indicate the company's financial health and stability.
vesting financial
"These additional units are subject to the same conditions regarding vesting and settlement"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
settlement financial
"the same conditions regarding vesting and settlement as the underlying restricted stock units"
Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Eve Mothner report at SIRI (SIRIUS XM HOLDINGS INC.)?
Eve Mothner reported an acquisition of 1,759 shares of Sirius XM common stock. The shares reflect additional restricted stock units granted as part of a dividend adjustment, increasing her direct holdings to 172,975 shares after the transaction.
Why did Eve Mothner receive additional restricted stock units at SIRI (SIRIUS XM)?
She received additional restricted stock units because Sirius XM paid a cash dividend of $0.27 per share. Under her RSU agreement, cash dividends generate extra units that mirror the original RSUs’ vesting and settlement conditions instead of being paid in cash.
What dividend did SIRI (Sirius XM) pay that triggered this RSU adjustment?
Sirius XM paid a cash dividend of $0.27 per share on May 27, 2026. The dividend applied to all common stockholders of record on May 11, 2026, and caused additional restricted stock units to be credited under Mothner’s RSU agreement.
Do the new SIRI (Sirius XM) restricted stock units vest immediately for Eve Mothner?
The new restricted stock units do not vest immediately; they follow the same vesting and settlement conditions as the original RSUs. This means their future delivery or forfeiture will track the underlying award’s existing schedule and requirements.
AI-generated analysis. How Rhea-AI works. Not financial advice.
