Sirius XM exec granted 177 dividend stock units
SIRIUS XM HOLDINGS INC.
Rhea-AI Filing Summary
SIRIUS XM HOLDINGS INC. (SIRI) reported that officer Scott Andrew Greenstein, President & Chief Content Officer, acquired 177 shares of common stock on August 26, 2026 through a grant/award. These additional restricted stock units arose from a cash dividend adjustment and are subject to the same vesting and settlement conditions as the underlying units.
After this award, Greenstein directly holds 20,340 shares of common stock and indirectly holds 9,070 shares through a 401(k) plan. Sirius XM paid a $0.27 per-share cash dividend on August 26, 2026 to holders of record on August 10, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 177 shares
Grant/Award
2 txns
Insider
Greenstein Scott Andrew
Role
Pres. & Chief Content Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 177 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 20,340 shares (Direct);
Common Stock — 9,070 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- F1. On August 26, 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, August 10, 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
Shares acquired: 177 shares of common stock
Direct holdings after transaction: 20,340 shares of common stock
Indirect holdings after transaction: 9,070 shares of common stock
+3 more
6 metrics
Shares acquired
177 shares of common stock
Grant/award acquisition on August 26, 2026
Direct holdings after transaction
20,340 shares of common stock
Direct ownership following August 26, 2026 award
Indirect holdings after transaction
9,070 shares of common stock
Indirect ownership via 401(k) plan
Cash dividend per share
$0.27 per share
Cash dividend on outstanding common stock paid August 26, 2026
Dividend payment date
August 26, 2026
Payment date for $0.27 per-share cash dividend
Dividend record date
August 10, 2026
Record date for holders entitled to the $0.27 dividend
Key Terms
restricted stock units, record date, cash dividend
3 terms
restricted stock units financial
"Pursuant to the terms of the agreement governing the outstanding restricted stock units"
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.
record date financial
"The dividend was payable to all holders ... on the record date, August 10, 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.
cash dividend financial
"paid a cash dividend of $0.27 per share on each share"
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.
FAQ
What did insider Scott Andrew Greenstein report in this Form 4 for SIRI?
He reported an acquisition of 177 shares of SIRI common stock on August 26, 2026, received as additional restricted stock units linked to a cash dividend. These units carry the same vesting and settlement conditions as his existing restricted stock units.
What cash dividend did SIRIUS XM HOLDINGS INC. (SIRI) pay that led to this RSU adjustment?
Sirius XM paid a $0.27 per-share cash dividend on its outstanding common stock on August 26, 2026, to stockholders of record on August 10, 2026. Under Greenstein’s RSU agreement, this resulted in additional restricted stock units.
Was this SIRI Form 4 transaction a market purchase or sale?
No. The Form 4 describes a grant/award acquisition of 177 shares at a reported price of $0.00 per share, tied to a dividend-related restricted stock unit adjustment, rather than an open-market purchase or sale.
How are the new SIRI restricted stock units held by Scott Andrew Greenstein treated?
The additional units received due to the $0.27 cash dividend are subject to the same vesting and settlement conditions as the underlying restricted stock units already held by Greenstein.
AI-generated analysis. How Rhea-AI works. Not financial advice.
