Sirius XM director granted 66,862 dividend RSUs
SIRIUS XM HOLDINGS INC. director Gregory B. Maffei reported an acquisition of 66,862 shares of common stock on a Form 4.
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Rhea-AI Filing Summary
SIRIUS XM HOLDINGS INC. director Gregory B. Maffei reported an acquisition of 66,862 shares of common stock on a Form 4. These shares represent additional restricted stock units he received because the company paid a cash dividend of $0.27 per share on its common stock on February 27, 2026, to holders of record on February 11, 2026. The new units carry the same vesting and settlement conditions as his underlying restricted stock units.
After this grant, Maffei’s direct holdings increased to 5,378,181 shares of common stock. He also reports indirect ownership of 1,108 shares held by a grantor retained annuity trust, reflecting a prior exempt transfer between him and the GRAT.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 66,862 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- 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.
- F2. Reflects a transfer made between the reporting person and a grantor retained annuity trust ("GRAT"). Such transfer was exempt from reporting pursuant to Rule 16a-13 of the Securities Exchange Act of 1934, as amended.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Gregory B. Maffei report on his latest Form 4 for SIRI?
Why did Gregory B. Maffei receive 66,862 additional SIRI restricted stock units?
What dividend did Sirius XM (SIRI) pay that affected Maffei’s RSUs?
What is the GRAT mentioned in Gregory B. Maffei’s SIRI Form 4 filing?
Were any of Gregory B. Maffei’s Sirius XM transactions open-market buys or sells?
AI-generated analysis. How Rhea-AI works. Not financial advice.