HARTENSTEIN EDDY W 4
Research Summary
AI-generated summary
Sirius XM (SIRI) Director Eddy W. Hartenstein Receives 104-Share Award
What Happened
- Eddy W. Hartenstein, a director of Sirius XM Holdings Inc. (SIRI), was granted 104 restricted stock units (reported as an award/acquisition) on February 27, 2026. The transaction is reported at $0.00 per share (total reported value $0), reflecting an award rather than a market purchase or sale.
Key Details
- Transaction date: 2026-02-27. Transaction code: A (award/grant).
- Reported price: $0.00 per share; reported total value: $0.
- Filing date: 2026-03-02 (Form 4 filed within the SEC’s two-business-day reporting window — timely).
- Shares owned after the transaction: not specified in the summary provided.
- Footnote: The 104 additional RSUs were issued as a result of a $0.27-per-share cash dividend paid Feb 27, 2026. These additional units carry the same vesting and settlement conditions as the underlying restricted stock units (per filer footnote).
Context
- This was an administrative award tied to a dividend adjustment to existing restricted stock units, not an open-market purchase or sale. Such dividend-driven RSU accruals are routine and reflect the plan’s mechanics rather than a direct insider investment decision.