Sirius XM (SIRI) director Kristina Salen receives 83 dividend-linked RSU shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Salen Kristina reported acquisition or exercise transactions in this Form 4 filing.
Director Kristina Salen of SIRIUS XM HOLDINGS INC. received a grant of 83 shares of Common Stock on May 27, 2026 as a restricted stock unit-related award with no purchase price. This reflects additional units issued due to Sirius XM’s $0.27 per-share cash dividend, and brings her direct holdings to 20,254 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Salen Kristina
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 83 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 20,254 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares granted: 83 shares
Holding after transaction: 20,254 shares
Grant price: $0.00 per share
+2 more
5 metrics
Shares granted
83 shares
Common Stock grant on May 27, 2026
Holding after transaction
20,254 shares
Direct ownership after grant
Grant price
$0.00 per share
Reported transaction price for award
Cash dividend
$0.27 per share
Dividend paid May 27, 2026
Dividend record date
May 11, 2026
Record date for cash dividend eligibility
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 ... 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..."
FAQ
What did Kristina Salen report in this Sirius XM (SIRI) Form 4 filing?
Kristina Salen reported acquiring 83 shares of Sirius XM common stock as a grant on May 27, 2026. The grant resulted from additional restricted stock units credited in connection with a recently paid cash dividend.
Why did Kristina Salen receive additional restricted stock units from Sirius XM (SIRI)?
She received additional restricted stock units because Sirius XM paid a cash dividend of $0.27 per share on May 27, 2026. Under her RSU agreement, cash dividends generate additional units subject to the same vesting and settlement conditions.
What dividend did Sirius XM (SIRI) pay that affected Kristina Salen’s RSUs?
Sirius XM paid a cash dividend of $0.27 per share on May 27, 2026 to holders of common stock of record on May 11, 2026. This dividend triggered additional restricted stock units for Kristina Salen under her RSU agreement.