[Form 4] SIRIUS XM HOLDINGS INC. Insider Trading Activity

Rhea-AI Filing Summary

Sirius XM Holdings Inc. (SIRI) director reports dividend-related stock grant. On November 21, 2025, the reporting person acquired 98 shares of common stock at a price of $0.00 per share, bringing their beneficial ownership to 28,443 shares held directly. Sirius XM paid a $0.27 cash dividend per share on its outstanding common stock to holders of record as of November 5, 2025. Under the agreement governing the filer’s outstanding restricted stock units, this dividend resulted in additional units that carry the same vesting and settlement conditions as the underlying awards.

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^*

Zaslav David

(Last) (First) (Middle)

1221 AVENUE OF THE AMERICAS

(Street)

NEW YORK NY 10020

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
11/21/2025

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	11/21/2025		A		98(1)	A	$0.0000	28,443	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

	/s/Richard N. Baer, attorney-in-fact	11/24/2025
	** 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.

FAQ

What did the Sirius XM (SIRI) Form 4 report for the director?

The Form 4 reports that a director of Sirius XM Holdings Inc. (SIRI) acquired 98 shares of common stock on November 21, 2025 at $0.00 per share, resulting in 28,443 shares beneficially owned directly.

Why did the Sirius XM (SIRI) director receive additional equity on November 21, 2025?

The director received additional equity because Sirius XM paid a $0.27 per share cash dividend on November 21, 2025, and the agreement governing the director’s outstanding restricted stock units provided for additional units to reflect that dividend.

What dividend did Sirius XM (SIRI) pay that triggered the Form 4 transaction?

Sirius XM paid a $0.27 cash dividend per share on each share of its outstanding common stock on November 21, 2025, to holders of record as of November 5, 2025.

How many Sirius XM (SIRI) shares does the director own after this Form 4 transaction?

Following the reported transaction, the director beneficially owns 28,443 shares of Sirius XM common stock, held in direct ownership.

How are the additional Sirius XM restricted stock units from the dividend treated?

The additional restricted stock units received as a result of the $0.27 per share dividend are subject to the same vesting and settlement conditions as the underlying restricted stock units to which they relate.

What is the reporting person’s relationship to Sirius XM (SIRI)?

The reporting person is a director of Sirius XM Holdings Inc. (SIRI) and filed the Form 4 as an individual reporting person.