STOCK TITAN

Dividend adds 83 RSUs for Sirius XM (SIRI) director David Zaslav

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

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Negative

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Insider Zaslav David
Role null
Type Security Shares Price Value
Grant/Award Common Stock 83 $0.00 --
Holdings After Transaction: Common Stock — 28,630 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 83 shares Additional restricted stock units credited from cash dividend
Dividend amount $0.27 per share Cash dividend on common stock paid May 27, 2026
Holdings after transaction 28,630 shares David Zaslav direct ownership after RSU credit
Transaction price $0.00 per share Grant/award acquisition of common stock via RSUs
Dividend payment date May 27, 2026 Date Sirius XM paid the $0.27 per share dividend
Dividend record date May 11, 2026 Record date for holders eligible for the dividend
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"
SEC Form 4
FORM 4UNITED 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*
Zaslav David

(Last)(First)(Middle)
1221 AVENUE OF THE AMERICAS

(Street)
NEW YORK 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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/27/2026A83(1)A$0.000028,630D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
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-fact05/27/2026
** Signature of Reporting PersonDate
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)

FAQ

What did SIRI director David Zaslav report in this Form 4 filing?

David Zaslav reported receiving 83 additional shares of Sirius XM common stock through a restricted stock unit adjustment. The award was granted at $0.00 per share and increased his direct holdings to 28,630 shares following the transaction.

Why did David Zaslav receive 83 additional Sirius XM (SIRI) restricted stock units?

He received 83 additional restricted stock units because Sirius XM paid a $0.27 per share cash dividend on its common stock. Under his RSU agreement, cash dividends generate extra units, which follow the same vesting and settlement conditions as the original RSUs.

What dividend did Sirius XM (SIRI) pay that triggered the extra RSUs?

Sirius XM paid a $0.27 per share cash dividend on its outstanding common stock on May 27, 2026. The dividend was payable to all holders of common stock on the May 11, 2026 record date, including shares underlying restricted stock units.

How many Sirius XM (SIRI) shares does David Zaslav hold after this Form 4 transaction?

After receiving 83 additional shares via restricted stock units, David Zaslav directly holds 28,630 shares of Sirius XM common stock. This change reflects a routine dividend-related adjustment rather than an open-market purchase or sale of shares.

Are the new Sirius XM (SIRI) restricted stock units immediately vested for David Zaslav?

No. The additional restricted stock units are subject to the same vesting and settlement conditions as the underlying RSUs. They were credited due to the $0.27 per share cash dividend but will follow the original award’s vesting schedule.