Sirius XM CEO granted 1,419 dividend RSUs
SIRIUS XM HOLDINGS INC.
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Form Type
4
Rhea-AI Filing Summary
SIRIUS XM HOLDINGS INC. (SIRI) reported that CEO and director Jennifer C. Witz acquired 1,419 shares of common stock on August 26, 2026 through a grant of additional restricted stock units. These units were issued as a dividend equivalent after Sirius XM paid a cash dividend of $0.27 per share on its outstanding common stock to holders of record on August 10, 2026.
After this award, Witz directly holds 382,012 shares of common stock and indirectly holds 1,411 shares through a 401(k) Plan. The additional restricted stock units are subject to the same vesting and settlement conditions as the underlying restricted stock units to which they relate.
Insider Trade Summary
Grant/Award: 1,419 shares
Grant/Award
2 txns
Insider
Witz Jennifer C
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 1,419 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 382,012 shares (Direct);
Common Stock — 1,411 shares (Indirect, By 401(k) Plan)
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
Dividend per share: $0.27 per share
Restricted stock units granted: 1,419 shares
Direct holdings after transaction: 382,012 shares
+2 more
5 metrics
Dividend per share
$0.27 per share
Cash dividend paid on August 26, 2026 on each share of outstanding common stock
Restricted stock units granted
1,419 shares
Additional restricted stock units granted to Jennifer C. Witz on August 26, 2026 as dividend equivalent
Direct holdings after transaction
382,012 shares
SIRI common stock directly held by Jennifer C. Witz following the award
Indirect holdings after transaction
1,411 shares
SIRI common stock indirectly held by Jennifer C. Witz through a 401(k) Plan
Dividend record date
August 10, 2026
Record date for the $0.27 per share cash dividend
Key Terms
restricted stock units, record date, 401(k) Plan, cash dividend
4 terms
restricted stock units financial
"Pursuant to the terms of the agreement governing the outstanding restricted stock units held by the filer"
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.
record date financial
"The dividend was payable to all holders of Sirius XM's common stock 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.
401(k) Plan financial
"nature_of_ownership": "By 401(k) Plan""
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
cash dividend financial
"paid a cash dividend of $0.27 per share on each share of its outstanding common stock"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SIRI (SIRIUS XM HOLDINGS INC.) disclose for Jennifer C. Witz?
SIRI disclosed that CEO Jennifer C. Witz acquired 1,419 shares of common stock on August 26, 2026 via a grant of additional restricted stock units issued as a dividend equivalent on existing restricted stock units.
What dividend did SIRI (SIRIUS XM HOLDINGS INC.) pay that led to the additional restricted stock units?
On August 26, 2026, SIRI paid a cash dividend of $0.27 per share on each share of its outstanding common stock, to holders of record as of August 10, 2026. This dividend triggered the grant of additional restricted stock units to the filer.
Why did Jennifer C. Witz receive additional restricted stock units from SIRI?
Under the agreement governing her outstanding restricted stock units, SIRI granted Jennifer C. Witz additional restricted stock units as a result of the $0.27 per share cash dividend paid on August 26, 2026, as dividend-equivalent units.
Are the new SIRI restricted stock units to Jennifer C. Witz subject to vesting?
Yes. The filing states the additional restricted stock units received due to the $0.27 per share 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.
