Sirius XM director Anjali Sud gains 60 shares
SIRIUS XM HOLDINGS INC.
Rhea-AI Filing Summary
SIRIUS XM HOLDINGS INC. (SIRI) reported that director Anjali Sud acquired 60 shares of common stock on August 26, 2026 through a grant of additional restricted stock units tied to a cash dividend. These units were received at no per-share cost and bring her direct holdings to 16,204 shares. Sirius XM paid a $0.27 per share cash dividend on that date to holders of record as of August 10, 2026, and the new units follow the same vesting and settlement terms as the underlying awards.
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Insider Trade Summary
Grant/Award: 60 shares
Grant/Award
1 txn
Insider
Sud Anjali
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 60 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 16,204 shares (Direct)
Footnotes (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.
Key Figures
Shares acquired via RSU dividend grant: 60 shares
Total shares owned following transaction: 16,204 shares
Cash dividend per share: $0.27 per share
3 metrics
Shares acquired via RSU dividend grant
60 shares
Additional restricted stock units granted on August 26, 2026
Total shares owned following transaction
16,204 shares
Direct ownership of Sirius XM common stock by Anjali Sud after grant
Cash dividend per share
$0.27 per share
Dividend paid by Sirius XM on outstanding common stock on August 26, 2026
Key Terms
restricted stock units, cash dividend, record date
3 terms
restricted stock units financial
"the filer received certain additional restricted stock units as a result"
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"
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 ... on the record date, August 10, 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.
FAQ
What insider transaction did SIRI director Anjali Sud report on this Form 4 for SIRI?
Anjali Sud reported an acquisition of 60 shares of Sirius XM common stock on August 26, 2026, through a grant of additional restricted stock units issued in connection with a cash dividend. These units were received at no per-share cost and increase her direct holdings.
What dividend did SIRIUS XM HOLDINGS INC. (SIRI) pay that led to this Form 4 grant?
Sirius XM paid a $0.27 per share cash dividend on its outstanding common stock on August 26, 2026, to holders of record on August 10, 2026. Under the reporting person’s RSU agreement, this dividend triggered additional restricted stock units.
Were the new SIRI restricted stock units granted to Anjali Sud immediately vested?
No. The filing states that the additional restricted stock units granted to Anjali Sud due to the cash dividend are subject to the same conditions regarding vesting and settlement as the underlying restricted stock units to which they relate.
AI-generated analysis. How Rhea-AI works. Not financial advice.