Greenstein Scott Andrew 4
Research Summary
AI-generated summary
Sirius XM (SIRI) Pres. Scott Greenstein Receives 511-Share Award
What Happened
- Scott Andrew Greenstein, President & Chief Content Officer of Sirius XM Holdings Inc. (SIRI), was granted/received 511 shares (restricted stock units) on February 27, 2026. The filing reports these units as acquired at $0.00 (total reported value $0). According to the filing, these additional units were issued as a result of Sirius XM’s $0.27 per-share cash dividend and are subject to the same vesting and settlement terms as the underlying RSUs.
Key Details
- Transaction date: 2026-02-27; Form 4 filed: 2026-03-02 (period of report: 2026-02-27)
- Transaction code: A (Award/Grant/Other acquisition)
- Shares involved: 511 RSUs acquired at $0.00 (reported total $0)
- Shares owned after transaction: Not specified in the provided filing excerpt
- Footnote: F1 — Sirius XM paid a $0.27/share cash dividend (record date Feb 11, 2026); under the RSU agreement the filer received additional RSUs tied to that dividend, with the same vesting/settlement conditions as the original units
- Timeliness: Filing does not indicate lateness; filed a few days after the transaction date
Context
- These were dividend-related additional RSUs (a mechanical corporate action) rather than an open-market purchase or sale by the insider, so they do not necessarily signal a change in insider sentiment. The $0.00 acquisition reflects issuance of units, not a cash purchase; vesting and settlement remain governed by the original RSU agreement.