Dividend adds 2,203 RSUs to Sirius XM (SIRI) CLO stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sirius XM Holdings executive Eve Mothner, EVP, Chief Legal Officer & Secretary, reported acquiring 2,203 shares of common stock on a Form 4. These were granted at no cost as additional restricted stock units tied to a $0.27 cash dividend paid on February 27, 2026.
The new units are subject to the same vesting and settlement conditions as the underlying restricted stock units already held. Following this award-related acquisition, Mothner directly holds 171,216 shares of Sirius XM common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mothner Eve
Role
EVP, Chief Legal Officer & Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,203 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 171,216 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did SIRI’s Eve Mothner report on this Form 4?
Eve Mothner reported acquiring 2,203 shares of Sirius XM common stock through an award of additional restricted stock units. These units were granted at no cost and are linked to a cash dividend paid on existing restricted stock units.
Why did Eve Mothner receive 2,203 additional restricted stock units in SIRI?
She received 2,203 additional restricted stock units because Sirius XM paid a $0.27 per share cash dividend on February 27, 2026. Under her award agreement, the dividend generated extra units tied to her existing restricted stock units.
What are the vesting terms of the new SIRI restricted stock units for Eve Mothner?
The additional 2,203 restricted stock units are subject to the same vesting and settlement conditions as the underlying restricted stock units. This means they follow the existing schedule and requirements already governing her prior stock unit awards.
What dividend triggered the additional restricted stock units for SIRI’s Eve Mothner?
The additional units were triggered by a $0.27 per share cash dividend paid by Sirius XM on its outstanding common stock on February 27, 2026, to holders of record as of February 11, 2026, including her existing restricted stock units.