Sirius XM director awarded 104 dividend shares
Sirius XM Holdings director Eddy W. Hartenstein reported an automatic share award linked to a recent cash dividend.
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Rhea-AI Filing Summary
Sirius XM Holdings director Eddy W. Hartenstein reported an automatic share award linked to a recent cash dividend. On February 27, 2026, he acquired 104 shares of common stock at $0.00 per share as a grant or award, not an open-market purchase.
The footnote explains Sirius XM paid a $0.27 per-share cash dividend to holders of record on February 11, 2026, and under his restricted stock unit agreements he received additional units tied to that dividend, subject to the same vesting and settlement conditions. After this adjustment, he directly holds 14,798 shares and also reports 22,236 shares held indirectly by a trust.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 104 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. On February 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, February 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SIRI director Eddy Hartenstein report?
Was the SIRI insider transaction an open-market purchase or sale?
What cash dividend triggered the additional SIRI restricted stock units?
Why did Eddy Hartenstein receive additional Sirius XM restricted stock units?
How are Hartenstein’s indirect SIRI holdings characterized in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.