Coughlin Zachary 4

What Happened

• Zachary Coughlin, EVP and Chief Financial Officer of Sirius XM Holdings (SIRI), received two awards on 2026-02-10 totaling 290,002 restricted stock units (RSUs): 193,335 RSUs and 96,667 RSUs. Both awards were reported as acquired at $0.00 (grant awards), i.e., compensation grants rather than open-market purchases or sales.

Key Details

• Transaction date: 2026-02-10; Form 4 filed 2026-02-12 (timely).
• Grant details: 193,335 RSUs (footnote F1); 96,667 RSUs (footnote F2).
• Price: $0.00 per share (awarded RSUs).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes:
  • F1: ~one-half of these RSUs vest on 1/2/2027 and 1/2/2028.
  • F2: ~one-third of these RSUs vest on 1/2/2027, 1/2/2028, and 12/29/2028.
• Transaction code: A = Award/Grant.

Context

• These are restricted stock unit awards subject to multi-year vesting — they do not represent immediately marketable shares and are compensation rather than a direct buy/sell signal. Grants are common for executive pay and retention; they become economically meaningful only as they vest and, if applicable, are converted to shares and sold.