Director Dave Stephenson awarded 6,775 SIRIUS XM (SIRI) shares in stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stephenson Dave reported acquisition or exercise transactions in this Form 4 filing.
SIRIUS XM HOLDINGS INC. director Dave Stephenson reported a compensation-related grant of 6,775 shares of Common Stock on May 29, 2026. The shares are in the form of Restricted Stock Units that will vest on May 29, 2027. Following this award, he is shown as directly owning 12,677 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stephenson Dave
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,775 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 12,677 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 6,775 shares
Price per share (grant): $0.0000 per share
Shares owned after grant: 12,677 shares
+1 more
4 metrics
Shares granted
6,775 shares
Grant of Common Stock on May 29, 2026
Price per share (grant)
$0.0000 per share
Reported grant price for awarded shares
Shares owned after grant
12,677 shares
Direct holdings following the May 29, 2026 award
RSU vesting date
May 29, 2027
Restricted Stock Units will vest on this date
Key Terms
Restricted Stock Units, Grant, award, or other acquisition, Common Stock, Form 4
4 terms
Restricted Stock Units financial
"Restricted Stock Units will vest on May 29, 2027."
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.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did SIRI director Dave Stephenson report in this Form 4 filing for SIRI?
Dave Stephenson reported receiving 6,775 shares of SIRIUS XM common stock as a compensation-related award. The grant is recorded at a price of $0.0000 per share and increases his directly reported holdings to 12,677 shares of common stock.
Was Dave Stephenson’s SIRI transaction a stock purchase or sale?
It was neither a purchase nor a sale in the market. The Form 4 classifies the May 29, 2026 transaction as a grant, award, or other acquisition at a reported price of $0.0000 per share, indicating a compensation-related stock award rather than a cash trade.
When do Dave Stephenson’s SIRIUS XM Restricted Stock Units vest?
The footnote states that the Restricted Stock Units granted to Dave Stephenson will vest on May 29, 2027. Vesting means the units convert into unrestricted shares according to the award terms, adding to his fully vested ownership at that future date.