MAFFEI GREGORY B 4

What Happened
Gregory B. Maffei, a director of Sirius XM Holdings Inc. (SIRI), was credited with 66,862 additional restricted stock units (RSUs) on February 27, 2026. The filing lists the shares as acquired at $0.00 (total reported value $0) because these were additional units granted under the terms of existing RSUs as a consequence of a company cash dividend.

Key Details

• Transaction date and price: February 27, 2026; 66,862 RSUs @ $0.00 (total $0).
• Dividend background: Sirius XM paid a $0.27 per-share cash dividend on Feb 27, 2026 (record date Feb 11, 2026); the RSUs were issued under the RSU agreement in connection with that dividend.
• Vesting/settlement: These additional units are subject to the same vesting and settlement conditions as the underlying RSUs.
• Ownership after transaction: Not specified in the Form 4 provided.
• Other note: The filing also reflects a transfer between the reporting person and a grantor retained annuity trust (GRAT) that was exempt from reporting under Rule 16a-13.

Context
This was an award/credit of additional RSUs tied to a corporate dividend, not a market purchase or sale. Because the units are subject to the original RSU vesting terms and were issued in connection with a dividend, they do not necessarily indicate a change in insider sentiment and did not require an outlay of cash by the director.