Sirius XM (SIRI) director Malone gets 83 shares from $0.27 dividend
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MALONE EVAN DANIEL reported acquisition or exercise transactions in this Form 4 filing.
SIRIUS XM HOLDINGS INC. director Evan Daniel Malone reported a small compensation-related equity change. On May 27, 2026, he received 83 additional shares of common stock at a price of $0.00 per share as a grant or award. This reflected additional restricted stock units credited to him due to a $0.27 per share cash dividend paid on Sirius XM common stock to holders of record on May 11, 2026, with the new units subject to the same vesting and settlement terms as the underlying awards. Following the transaction, Malone directly held 37,471 shares and indirectly held 103,056 shares through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
MALONE EVAN DANIEL
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 83 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 37,471 shares (Direct, null);
Common Stock — 103,056 shares (Indirect, By Trust)
Footnotes (1)
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Key Figures
Dividend per share: $0.27 per share
Shares granted: 83 shares
Direct holdings after transaction: 37,471 shares
+3 more
6 metrics
Dividend per share
$0.27 per share
Cash dividend on outstanding common stock
Shares granted
83 shares
Additional RSU-related common stock credited on May 27, 2026
Direct holdings after transaction
37,471 shares
Common stock held directly by Malone after grant
Indirect holdings after transaction
103,056 shares
Common stock held indirectly by trust after reporting date
Transaction date
May 27, 2026
Date of reported acquisition and holdings entry
Record date
May 11, 2026
Dividend record date for $0.27 per share cash dividend
Key Terms
restricted stock units, cash dividend, record date
3 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.
record date financial
"The dividend was payable to all holders of Sirius XM's common stock on the record date, May 11, 2026"
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
FAQ
What insider transaction did Evan Daniel Malone report at SIRI?
Evan Daniel Malone reported receiving 83 additional Sirius XM common shares as a grant or award at $0.00 per share. These shares reflect dividend-related restricted stock units credited under existing award terms, rather than an open-market purchase or sale of stock.
Was this Sirius XM (SIRI) insider transaction an open-market trade?
No, the filing shows a grant or award acquisition of 83 shares at $0.00 per share linked to restricted stock units. It does not reflect an open-market purchase or sale, but rather an automatic adjustment tied to the company’s cash dividend.
What dividend did Sirius XM pay that affected Malone’s RSUs?
Sirius XM paid a $0.27 per share cash dividend on its outstanding common stock, payable to holders of record on May 11, 2026. Under Malone’s restricted stock unit agreement, this dividend resulted in additional units subject to the same vesting and settlement conditions.