Sirius XM (SIRI) director Jonelle Procope granted 83 dividend-linked shares

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

Equity compensation analyst

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

1 transaction reported

Mixed 1 txn

Insider Procope Jonelle

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	83	$0.00	--

Holdings After Transaction: Common Stock — 28,251 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Dividend per share: $0.27 per share Shares granted: 83 shares Post-transaction holdings: 28,251 shares +2 more

5 metrics

Dividend per share $0.27 per share Cash dividend paid May 27, 2026 on common stock

Shares granted 83 shares Additional shares from RSU adjustment related to dividend

Post-transaction holdings 28,251 shares Common stock directly held by Jonelle Procope after award

Grant price $0.00 per share Equity award issued at no purchase price

Transaction date May 27, 2026 Date of Form 4-reported acquisition

Key Terms

restricted stock units, cash dividend, record date, vesting and settlement

4 terms

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"

Form 4 Insider Transactions: What Each Field Means →

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^*

Procope Jonelle

(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)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/27/2026		A		83(1)	A	$0.0000	28,251	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 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-fact	05/27/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did SIRI director Jonelle Procope report in this Form 4?

Jonelle Procope reported receiving 83 shares of Sirius XM common stock as an equity grant. These shares arose from adjustments to her restricted stock units following a cash dividend and increased her direct holdings to 28,251 shares of SIRI common stock.

Why did Jonelle Procope receive additional SIRI shares on May 27, 2026?

She received additional shares because Sirius XM paid a cash dividend of $0.27 per share on May 27, 2026. Under her restricted stock unit agreement, that dividend generated additional RSUs, which are subject to the same vesting and settlement terms as the original RSUs.

How many Sirius XM shares does Jonelle Procope hold after this RSU award?

After the reported award, Jonelle Procope directly holds 28,251 shares of Sirius XM common stock. This total includes the 83 shares received as a grant related to her restricted stock units following the company’s May 27, 2026 cash dividend.

Was Jonelle Procope’s SIRI Form 4 transaction an open-market stock purchase?

No, the Form 4 shows a grant or award acquisition, not an open-market purchase. The 83 shares were issued at a price of $0.00 per share as additional restricted stock units tied to a cash dividend, rather than being bought on the open market.

What does transaction code "A" mean in Jonelle Procope’s SIRI filing?

Transaction code "A" indicates a grant, award, or other acquisition of securities. In this case, it reflects 83 shares issued to Procope as additional restricted stock units, created by the company’s $0.27 per-share cash dividend and subject to existing vesting conditions.

How is the $0.27 SIRI dividend connected to the new RSUs for Jonelle Procope?

Sirius XM paid a cash dividend of $0.27 per share on May 27, 2026 to all common shareholders of record on May 11, 2026. Under Procope’s RSU agreement, that dividend generated additional restricted stock units with the same vesting and settlement terms as her underlying RSUs.