Sirius XM director granted 83 dividend RSUs
Zaslav David reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Zaslav David reported acquisition or exercise transactions in this Form 4 filing.
SIRIUS XM HOLDINGS INC. director David Zaslav reported receiving 83 additional shares of common stock at no cost, reflecting a grant of restricted stock units credited to him.
These units arose from a $0.27 per share cash dividend paid on May 27, 2026 to holders of Sirius XM common stock of record on May 11, 2026. Under the terms of his existing restricted stock unit agreement, the cash dividend generated extra RSUs instead of cash. The new units carry the same vesting and settlement conditions as the underlying awards, and Zaslav now directly holds 28,630 shares after this routine, dividend-related adjustment.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 83 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
restricted stock units financial
cash dividend financial
record date financial
vesting and settlement financial
FAQ
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What did SIRI director David Zaslav report in this Form 4 filing?
Why did David Zaslav receive 83 additional Sirius XM (SIRI) restricted stock units?
What dividend did Sirius XM (SIRI) pay that triggered the extra RSUs?
Are the new Sirius XM (SIRI) restricted stock units immediately vested for David Zaslav?
AI-generated analysis. How Rhea-AI works. Not financial advice.