Sirius XM (SIRI) director Maffei receives 83-share award tied to dividend

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

SIRIUS XM HOLDINGS INC. director Gregory B. Maffei reported an acquisition of 83 shares of common stock on May 27, 2026 as a grant or award. The shares were received at a price of $0.00 per share and are tied to existing restricted stock units.

The filing explains that Sirius XM paid a cash dividend of $0.27 per share on its outstanding common stock to holders of record on May 11, 2026. Under the terms of Maffei’s restricted stock unit agreements, this dividend resulted in additional restricted stock units subject to the same vesting and settlement conditions. After this award, Maffei directly holds 5,378,264 shares of Sirius XM common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider MAFFEI GREGORY B

Role null

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

Holdings After Transaction: Common Stock — 5,378,264 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares awarded: 83 shares Price per awarded share: $0.00 per share Holdings after transaction: 5,378,264 shares +2 more

5 metrics

Shares awarded 83 shares Grant/award acquisition on May 27, 2026

Price per awarded share $0.00 per share Grant or award acquisition

Holdings after transaction 5,378,264 shares Total direct common stock held by Maffei after award

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

Dividend record date May 11, 2026 Record date for $0.27 per-share cash dividend

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

"paid a cash dividend of $0.27 per share on each share of its outstanding common stock"

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 as the underlying restricted stock units"

Form 4 Insider Transactions: What Each Field Means →

05/28/2026 - 04:15 PM

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^*

MAFFEI GREGORY B

(Last)

(First)

(Middle)

1221 AVENUE OF THE AMERICAS

(Street)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/27/2026		A		83⁽¹⁾	A	$0.0000	5,378,264	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Gregory B. Maffei report in this Sirius XM (SIRI) Form 4?

Gregory B. Maffei reported receiving 83 shares of Sirius XM common stock as a grant or award. The shares relate to additional restricted stock units credited in connection with a cash dividend and follow the same vesting and settlement conditions as the original units.

Why did Gregory B. Maffei receive additional restricted stock units from Sirius XM (SIRI)?

Maffei received additional restricted stock units because Sirius XM paid a cash dividend of $0.27 per share. Under his restricted stock unit agreements, cash dividends on common stock generate equivalent additional units that are subject to the same vesting and settlement terms as the original awards.

How many Sirius XM (SIRI) shares does Gregory B. Maffei hold after this transaction?

After this transaction, Gregory B. Maffei directly holds 5,378,264 shares of Sirius XM common stock. This updated holding reflects the addition of 83 shares received as a grant or award linked to dividend-related restricted stock units on May 27, 2026.

What dividend did Sirius XM (SIRI) pay that affected Gregory B. Maffei’s Form 4?

Sirius XM paid a cash dividend of $0.27 per share on its outstanding common stock. The dividend was payable to all common shareholders of record on May 11, 2026, and triggered additional restricted stock units for Maffei under his existing award agreements.

Are Gregory B. Maffei’s new Sirius XM (SIRI) restricted stock units immediately vested?

The additional restricted stock units credited to Maffei are not automatically vested. The filing states they are subject to the same conditions regarding vesting and settlement as the underlying restricted stock units to which they relate, mirroring the original award schedule.