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Sirius XM (SIRI) content chief credited 511 dividend RSU shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

SIRIUS XM HOLDINGS INC. reported that Pres. & Chief Content Officer Scott Andrew Greenstein acquired 511 shares of common stock as a grant or award on February 27, 2026. The shares were issued at $0.00 per share and increased his directly held common stock to 50,741 shares.

According to a footnote, the award reflects additional restricted stock units credited in connection with a $0.27 per-share cash dividend paid on February 27, 2026, and these units are subject to the same vesting and settlement conditions as the underlying restricted stock units. He also indirectly holds 8,878 shares through a 401(k) plan.

Positive

  • None.

Negative

  • None.

Insights

Routine dividend-related RSU crediting for Sirius XM executive.

The filing shows Scott Andrew Greenstein, Pres. & Chief Content Officer of SIRIUS XM HOLDINGS INC., receiving 511 common shares via a grant or award on February 27, 2026. The transaction price is listed as $0.00 per share, indicating a non-cash equity compensation event.

A footnote explains these additional restricted stock units were credited due to a $0.27 per-share cash dividend, consistent with typical dividend-equivalent features in RSU agreements. The added units follow the same vesting and settlement terms as the original RSUs, so actual share delivery depends on future vesting.

Following the transaction, Greenstein directly holds 50,741 common shares and indirectly holds 8,878 shares via a 401(k) plan. The event appears administrative and compensation-related rather than a discretionary market purchase or sale, so its impact on shareholder perception is likely limited.

Insider Greenstein Scott Andrew
Role Pres. & Chief Content Officer
Type Security Shares Price Value
Grant/Award Common Stock 511 $0.00 $0.00
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 50,741 shares (Direct); Common Stock — 8,878 shares (Indirect, By 401(k) Plan)
Footnotes (1)
  1. F1. On February 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, February 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.

FAQ

What insider transaction did Scott Andrew Greenstein report for SIRI on this Form 4?
Scott Andrew Greenstein reported acquiring 511 shares of SIRIUS XM common stock through a grant or award. The acquisition occurred on February 27, 2026, at a reported price of $0.00 per share, increasing his directly held common shares to a total of 50,741.

Why did Scott Andrew Greenstein receive additional restricted stock units of SIRI (SIRI)?
He received additional restricted stock units because Sirius XM paid a $0.27 per-share cash dividend on February 27, 2026. Under his RSU agreement, cash dividends trigger additional units, which carry the same vesting and settlement conditions as the original restricted stock units.

How many SIRIUS XM (SIRI) shares does Scott Andrew Greenstein own after this transaction?
After the transaction, he directly owns 50,741 shares of Sirius XM common stock. In addition, the filing shows 8,878 shares held indirectly through a 401(k) plan, reflecting both direct and retirement-plan-related ownership positions reported as of the transaction date.

Was Scott Andrew Greenstein’s SIRI transaction a market buy or sell?
The transaction was not a market buy or sell; it is coded as a grant or award acquisition. The 511 shares resulted from additional restricted stock units credited under his equity agreement, tied to a cash dividend, with no cash consideration paid per share.

What dividend details are linked to Scott Andrew Greenstein’s SIRI equity award?
Sirius XM paid a cash dividend of $0.27 per share on its outstanding common stock on February 27, 2026, to holders of record on February 11, 2026. Greenstein’s additional restricted stock units were credited pursuant to this dividend under his existing RSU agreement.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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*
Greenstein Scott Andrew
(Last) (First) (Middle)
1221 AVENUE OF THE AMERICAS
(Street)
NEW YORK NY 10020
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SIRIUS XM HOLDINGS INC. [ (SIRI) ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Pres. & Chief Content Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 02/27/2026 A 511(1) A $0.0000 50,741 D
Common Stock 8,878 I By 401(k) Plan
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 February 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, February 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 03/02/2026
** 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.

Source: View Original Filing on SEC EDGAR