Sirius XM (SIRI) content chief credited 511 dividend RSU shares
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.
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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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 511 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
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