Salen Kristina 4
Research Summary
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Sirius XM Director Kristina Salen Receives 104-Share Award
What Happened Kristina Salen, a director of Sirius XM Holdings Inc. (SIRI), was granted 104 additional restricted stock units (RSUs) on February 27, 2026. The filing records the acquisition as 104 shares at $0.00 (total reported value $0) — these units were issued pursuant to the terms of her existing RSU awards as a result of a $0.27 per-share cash dividend paid by Sirius XM.
Key Details
- Transaction type: Award/Grant (code A) — 104 RSUs acquired
- Transaction date: 2026-02-27; Form 4 filed: 2026-03-02 (filed timely)
- Price reported: $0.00 per share (common for dividend-based RSU adjustments)
- Shares owned after transaction: not specified in this filing
- Footnote: The additional RSUs were issued because Sirius XM paid a $0.27/share cash dividend; the new units are subject to the same vesting and settlement terms as the underlying RSUs
- No 10b5-1 plan or tax-withholding details disclosed in this filing
Context This was an administrative award tied to a company dividend (not an open-market purchase or sale). Such dividend-related RSU adjustments are routine and do not by themselves indicate a change in the insider’s market view.