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Director Gregory Maffei adds 66,862 RSUs in Sirius XM (SIRI) after dividend

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
MAFFEI GREGORY B

(Last) (First) (Middle)
1221 AVENUE OF THE AMERICAS

(Street)
NEW YORK NY 10020

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SIRIUS XM HOLDINGS INC. [ (SIRI) ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/27/2026 A 66,862(1) A $0.0000 5,378,181(2) D
Common Stock 1,108(2) I By GRAT
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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.
2. 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.
Ruth Ziegler, attorney-in-fact 03/02/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Gregory B. Maffei report on his latest Form 4 for SIRI?

Gregory B. Maffei reported receiving 66,862 additional restricted stock units in Sirius XM common stock. These arose from a cash dividend adjustment and are subject to the same vesting and settlement terms as his existing restricted stock units.

Why did Gregory B. Maffei receive 66,862 additional SIRI restricted stock units?

He received 66,862 additional restricted stock units because Sirius XM paid a $0.27-per-share cash dividend on February 27, 2026. Under his RSU agreement, cash dividends generate additional units that share the same vesting and settlement conditions as the original awards.

What dividend did Sirius XM (SIRI) pay that affected Maffei’s RSUs?

Sirius XM paid a cash dividend of $0.27 per share on its outstanding common stock on February 27, 2026. The dividend went to holders of record on February 11, 2026 and triggered additional restricted stock units for Maffei under his award terms.

How many Sirius XM shares does Gregory B. Maffei own after this Form 4?

After this Form 4, Maffei directly owns 5,378,181 shares of Sirius XM common stock. He also reports indirect ownership of 1,108 shares held through a grantor retained annuity trust, in addition to his direct holdings.

What is the GRAT mentioned in Gregory B. Maffei’s SIRI Form 4 filing?

The GRAT is a grantor retained annuity trust that holds 1,108 Sirius XM shares indirectly for Maffei. The filing notes a transfer between Maffei and the GRAT that was exempt from reporting under Rule 16a-13 of the Securities Exchange Act.

Were any of Gregory B. Maffei’s Sirius XM transactions open-market buys or sells?

The Form 4 shows a grant or award acquisition of 66,862 restricted stock units at a price of $0.00 per share. It does not report any open-market purchases or sales of Sirius XM common stock in these transactions.
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