Sirius XM director awarded 83 RSU-linked shares
Procope Jonelle reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Procope Jonelle reported acquisition or exercise transactions in this Form 4 filing.
SIRIUS XM HOLDINGS INC. director Jonelle Procope received an award of 83 shares of common stock as a grant tied to existing restricted stock units, following a $0.27 per-share cash dividend paid on May 27, 2026. After this award, Procope directly holds 28,251 shares of Sirius XM common stock.
Insights
Small, routine RSU-related share award with neutral signal.
Director Jonelle Procope received 83 additional Sirius XM shares as part of a restricted stock unit adjustment after a $0.27 per-share cash dividend on May 27, 2026. The award reflects standard dividend-equivalent treatment on unvested equity.
The filing shows Procope now directly holds 28,251 shares, indicating this grant is minor relative to the existing position. Because the transaction is a compensation-related grant at no purchase price, rather than an open-market trade, it carries limited informational value about sentiment.
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 did SIRI director Jonelle Procope report in this Form 4?
Was Jonelle Procope’s SIRI Form 4 transaction an open-market stock purchase?
What does transaction code "A" mean in Jonelle Procope’s SIRI filing?
How is the $0.27 SIRI dividend connected to the new RSUs for Jonelle Procope?
AI-generated analysis. How Rhea-AI works. Not financial advice.