Sirius XM (SIRI) director awarded 6,775 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SIRIUS XM HOLDINGS INC. director Anjali Sud reported an equity award of 6,775 shares of Common Stock at a stated price of $0.00 per share. This reflects a grant or other acquisition rather than an open-market purchase.
Following the award, Sud directly holds 16,144 shares of Sirius XM common stock. A related footnote explains that the granted Restricted Stock Units will vest on May 29, 2027, meaning the award is tied to future service or performance conditions rather than being fully vested immediately.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sud Anjali
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,775 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 16,144 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity award size: 6,775 shares
Grant price: $0.00 per share
Post-award holdings: 16,144 shares
+1 more
4 metrics
Equity award size
6,775 shares
Grant or other acquisition of Common Stock on May 29, 2026
Grant price
$0.00 per share
Stated transaction price for the 6,775-share award
Post-award holdings
16,144 shares
Total Common Stock directly held after the transaction
RSU vesting date
May 29, 2027
Restricted Stock Units from this grant vest on this date
Key Terms
Restricted Stock Units, Grant, award, or other acquisition, Common Stock
3 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.
FAQ
What insider transaction did Sirius XM (SIRI) director Anjali Sud report?
Anjali Sud reported receiving 6,775 shares of Sirius XM Common Stock as a grant with a stated price of $0.00 per share, reflecting an equity award rather than an open-market purchase, according to the Form 4 disclosure.
What is the vesting schedule for Anjali Sud’s Sirius XM (SIRI) Restricted Stock Units?
The footnote states that the Restricted Stock Units associated with this grant will vest on May 29, 2027. Vesting means the units convert into shares available to the director once the specified date or conditions are met.
Is Anjali Sud’s Sirius XM (SIRI) transaction an open-market buy or a compensation grant?
The Form 4 classifies the transaction under code "A" as a grant, award, or other acquisition. Combined with the $0.00 per-share price, this indicates a compensation-related equity award, not an open-market share purchase.