STOCK TITAN

Sirius XM director granted 60 dividend-linked shares

SIRIUS XM HOLDINGS INC.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

SIRIUS XM HOLDINGS INC. (SIRI) reported that director Michael Rapino acquired 60 shares of common stock on August 26, 2026 through a grant of additional restricted stock units. These units were credited as a result of a $0.27 per share cash dividend paid on Sirius XM common stock and are subject to the same vesting and settlement conditions as the underlying restricted stock units. Following this award, Rapino directly holds 41,136 shares of common stock.

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Insider Rapino Michael
Role Director
Type Security Shares Price Value
Grant/Award Common Stock F1 60 $0.00 $0.00
Holdings After Transaction: Common Stock — 41,136 shares (Direct)
Footnotes (1)
  1. F1. On August 26, 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, August 10, 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.
Shares acquired 60 shares of Common Stock Grant/award acquisition on August 26, 2026
Shares owned after transaction 41,136 shares of Common Stock Direct ownership following the August 26, 2026 grant
Cash dividend per share $0.27 per share Dividend on each outstanding share of Sirius XM common stock on August 26, 2026
Dividend payment date August 26, 2026 Date Sirius XM paid the $0.27 per share cash dividend
Dividend record date August 10, 2026 Holders of record on this date were entitled to the cash dividend
restricted stock units financial
"Pursuant to the terms of the agreement governing the outstanding restricted stock units held"
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"
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.

FAQ

What insider transaction did SIRI (SIRIUS XM HOLDINGS INC.) report for Michael Rapino?

Michael Rapino received a grant of 60 shares of Sirius XM common stock on August 26, 2026, issued as additional restricted stock units credited due to a cash dividend, and held directly after the transaction.

Why did Michael Rapino receive additional restricted stock units from SIRI?

He received additional restricted stock units because Sirius XM paid a $0.27 per share cash dividend on its outstanding common stock, and under the governing agreement his existing restricted stock units were credited with additional units tied to that dividend.

What is Michael Rapino’s total direct ownership in SIRI after this Form 4 transaction?

After the reported grant, Michael Rapino directly holds 41,136 shares of Sirius XM Holdings Inc. common stock, as disclosed in the Form 4 filing.

When did SIRI pay the cash dividend that generated these additional restricted stock units?

Sirius XM paid the cash dividend on August 26, 2026. The dividend of $0.27 per share was payable to all holders of its common stock of record on August 10, 2026.

Are the additional restricted stock units reported by SIRI immediately vested?

No. The filing states the additional restricted stock units received by Michael Rapino are subject to the same vesting and settlement conditions as the underlying restricted stock units to which they relate.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Rapino Michael

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/26/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock08/26/2026A60(1)A$0.000041,136D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. On August 26, 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, August 10, 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-fact08/27/2026
** Signature of Reporting PersonDate
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)