SIRI director reports 98 new RSUs after Sirius XM $0.27 cash dividend
Rhea-AI Filing Summary
Sirius XM Holdings Inc. (SIRI) reported a Form 4 transaction for a director who received 98 additional restricted stock units on November 21, 2025. These units were granted at a price of $0.0000 per share under the existing restricted stock unit agreement and are subject to the same vesting and settlement conditions as the original awards. Following this adjustment, the reporting person beneficially owns 20,067 shares of common stock directly. The additional units were triggered by a $0.27 per-share cash dividend paid on Sirius XM common stock on November 21, 2025 to holders of record as of November 5, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 98 | $0.00 | $0.00 |
Footnotes (1)
- F1. On November 21, 2025, 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, November 5, 2025. 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
What transaction did the Sirius XM (SIRI) director report on this Form 4?
The director reported receiving 98 additional restricted stock units of Sirius XM common stock on November 21, 2025, at a price of $0.0000 per share.
Why did the Sirius XM (SIRI) director receive 98 additional restricted stock units?
The 98 additional restricted stock units were granted under the terms of the existing restricted stock unit agreement as an adjustment for a $0.27 per-share cash dividend paid by Sirius XM.
What dividend did Sirius XM (SIRI) pay that led to this Form 4 adjustment?
On November 21, 2025, Sirius XM paid a $0.27 cash dividend per share on each share of its outstanding common stock to holders of record on November 5, 2025.
Do the additional Sirius XM (SIRI) restricted stock units have new vesting terms?
No. The filing states that the additional restricted stock units are subject to the same vesting and settlement conditions as the underlying restricted stock units to which they relate.
What is the reporting person’s relationship to Sirius XM (SIRI)?
The reporting person is identified as a Director of Sirius XM Holdings Inc. on the Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.