Sirius XM director awarded 83 dividend shares
SIRIUS XM HOLDINGS INC. director Michael Rapino reported an automatic stock award tied to a recent dividend.
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Rhea-AI Filing Summary
SIRIUS XM HOLDINGS INC. director Michael Rapino reported an automatic stock award tied to a recent dividend. On May 27, 2026, he acquired 83 shares of common stock at no cost through additional restricted stock units granted because the company paid a $0.27 per-share cash dividend on its outstanding common stock. These additional units carry the same vesting and settlement conditions as his existing restricted stock units, and his direct ownership increased to 34,301 common shares after the grant.
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Sirius XM (SIRI) report for Michael Rapino?
What dividend triggered Michael Rapino’s additional Sirius XM (SIRI) restricted stock units?
What are the vesting terms of Michael Rapino’s new Sirius XM (SIRI) restricted stock units?
AI-generated analysis. How Rhea-AI works. Not financial advice.