Sirius XM director gets 104 dividend RSUs
SIRIUS XM HOLDINGS INC. director Jonelle Procope reported an automatic acquisition of 104 shares of common stock in the form of additional restricted stock units.
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Rhea-AI Filing Summary
SIRIUS XM HOLDINGS INC. director Jonelle Procope reported an automatic acquisition of 104 shares of common stock in the form of additional restricted stock units. These units were granted on February 27, 2026 as dividend equivalents tied to Sirius XM’s cash dividend of $0.27 per share.
The dividend was paid to all common shareholders of record on February 11, 2026, and triggered extra restricted stock units for the filer under existing award terms. After this grant, Procope beneficially owns 28,168 shares of common stock, with the new units subject to the same vesting and settlement conditions as the underlying awards.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 104 | $0.00 | $0.00 |
Footnotes (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
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What did Sirius XM (SIRI) director Jonelle Procope report on this Form 4?
What dividend did Sirius XM (SIRI) pay that led to this Form 4 award?
Are the new Sirius XM (SIRI) restricted stock units immediately vested for Jonelle Procope?
AI-generated analysis. How Rhea-AI works. Not financial advice.