Sirius XM (SIRI) director Anjali Sud receives 83-share RSU dividend adjustment

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

SIRIUS XM HOLDINGS INC. director Anjali Sud reported an acquisition of 83 shares of common stock at a price of $0.00 per share. These shares reflect additional restricted stock units granted in connection with a cash dividend adjustment.

Sirius XM paid a cash dividend of $0.27 per share on its outstanding common stock on May 27, 2026 to holders of record on May 11, 2026. Under the terms of Sud’s existing restricted stock unit agreement, this dividend triggered additional units that carry the same vesting and settlement conditions as the original awards. Following this grant, Sud directly holds 9,369 shares of Sirius XM common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Sud Anjali

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	83	$0.00	--

Holdings After Transaction: Common Stock — 9,369 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares granted: 83 shares Dividend per share: $0.27 per share Shares after transaction: 9,369 shares +2 more

5 metrics

Shares granted 83 shares Additional restricted stock units credited May 27, 2026

Dividend per share $0.27 per share Cash dividend on outstanding common stock paid May 27, 2026

Shares after transaction 9,369 shares Anjali Sud’s direct Sirius XM common stock holdings after grant

Record date May 11, 2026 Shareholder record date for the $0.27 cash dividend

Transaction code A (grant/award acquisition) Indicates compensation-related acquisition, not open-market purchase

Key Terms

restricted stock units, cash dividend, record date, vesting and settlement

4 terms

restricted stock units financial

"Pursuant to the terms of the agreement governing the outstanding restricted stock units held by the filer"

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.

cash dividend financial

"Sirius XM Holdings Inc. paid a cash dividend of $0.27 per 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.

record date financial

"The dividend was payable to all holders of Sirius XM's common stock on the record date, May 11, 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.

vesting and settlement financial

"These additional units are subject to the same conditions regarding vesting and settlement as the underlying restricted stock units"

Form 4 Insider Transactions: What Each Field Means →

05/28/2026 - 04:16 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Sud Anjali

(Last)

(First)

(Middle)

1221 AVENUE OF THE AMERICAS

(Street)

NEW YORK

10020

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
SIRIUS XM HOLDINGS INC. [ (SIRI) ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/27/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/27/2026		A		83⁽¹⁾	A	$0.0000	9,369	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. On May 27, 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, May 11, 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.

	Ruth Ziegler, attorney-in-fact	05/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Anjali Sud report at SIRI?

Anjali Sud reported receiving 83 shares of Sirius XM common stock at $0.00 per share. The shares reflect additional restricted stock units granted under an existing agreement, rather than an open-market purchase, and increase her direct holdings to 9,369 shares.

Why did Anjali Sud receive additional restricted stock units in SIRI?

She received additional restricted stock units because Sirius XM paid a cash dividend that adjusts outstanding RSUs. Her RSU agreement provides for extra units when a cash dividend is paid, keeping her award economically aligned with common shareholders.

What dividend did Sirius XM (SIRI) pay that affected this Form 4?

Sirius XM paid a cash dividend of $0.27 per share on May 27, 2026. The dividend applied to all common stock outstanding for holders of record on May 11, 2026, and triggered additional RSUs for Sud under her award agreement.

How many Sirius XM shares does Anjali Sud hold after this transaction?

After receiving the additional 83 shares tied to the dividend adjustment, Anjali Sud directly holds 9,369 shares of Sirius XM common stock. This figure represents her reported direct ownership following the May 27, 2026 Form 4 transaction.

Was Anjali Sud’s SIRI Form 4 a market buy or a compensation grant?

The Form 4 reflects a compensation-related acquisition, not a market buy. The 83 shares were granted at $0.00 per share as additional restricted stock units resulting from Sirius XM’s dividend, subject to the same vesting and settlement terms as her existing RSUs.