Sirius XM (SIRI) director gets 98 RSUs from $0.27 dividend
Sirius XM Holdings Inc. (SIRI) reported a routine insider equity change related to a cash dividend.
Rhea-AI Filing Summary
Sirius XM Holdings Inc. (SIRI) reported a routine insider equity change related to a cash dividend. On November 21, 2025, the company paid a cash dividend of $0.27 per share on each share of its outstanding common stock, payable to all holders of record on November 5, 2025.
Under the terms of the reporting person's restricted stock unit agreement, this dividend resulted in the grant of 98 additional shares of common stock at a price of $0.0000 per share, treated as additional restricted stock units. These units carry the same vesting and settlement conditions as the underlying restricted stock units. Following this transaction, the reporting person directly beneficially owns 9,182 shares of Sirius XM common stock.
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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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction was reported for Sirius XM Holdings Inc. (SIRI)?
The filing reports that an insider received 98 additional shares of Sirius XM common stock on November 21, 2025, at a price of $0.0000 per share, as part of restricted stock units linked to a dividend.
Why did the Sirius XM (SIRI) insider receive additional restricted stock units?
The insider held restricted stock units that provide for additional units when a cash dividend is paid. When Sirius XM paid a $0.27 per share dividend on November 21, 2025, the filer received additional restricted stock units under that agreement.
What dividend did Sirius XM Holdings Inc. (SIRI) pay that triggered this Form 4 entry?
Sirius XM paid a cash dividend of $0.27 per share on its outstanding common stock on November 21, 2025, to stockholders of record as of November 5, 2025.
Do the additional Sirius XM 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.
Is this Sirius XM (SIRI) Form 4 filed by a director or officer?
The reporting person is identified as a director of Sirius XM Holdings Inc., and the Form 4 is filed by one reporting person.
AI-generated analysis. How Rhea-AI works. Not financial advice.