Coughlin Zachary 4

What Happened
Zachary Coughlin, EVP and Chief Financial Officer of Sirius XM Holdings Inc., was credited with 3,781 restricted stock units (RSUs) on February 27, 2026. The transaction is reported as an award/acquisition (code A) at $0.00 per unit (reported value $0). These units were granted as dividend equivalents tied to a company cash dividend.

Key Details

• Transaction date: February 27, 2026; Transaction type/code: Award/Acquisition (A)
• Shares/units acquired: 3,781 RSUs; Price: $0.00; Reported cash value: $0
• Dividend info (footnote): Sirius XM paid a $0.27 per-share cash dividend payable to holders of record on Feb 11, 2026. Under the RSU agreement, the filer received additional RSUs as a result of that dividend; these additional units are subject to the same vesting and settlement terms as the underlying RSUs.
• Shares owned after transaction: Not specified in the provided filing.
• Timeliness: Filed March 2, 2026 for a Feb 27, 2026 event — the filing shows no late-report indication.

Context
These units are dividend equivalents (additional RSUs) rather than an open-market purchase or sale. They do not represent immediately vested, freely tradable shares; they remain subject to the original RSU vesting and settlement conditions. For retail investors, such awards are routine corporate mechanics tied to dividends and do not necessarily signal insider buying or selling intent.