Stephenson Dave 4
4 · SIRIUS XM HOLDINGS INC. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Sirius XM (SIRI) Director Dave Stephenson Receives 70-Share Award
What Happened
- Dave Stephenson, a director of Sirius XM Holdings Inc. (SIRI), was granted/received 70 shares (awarded as restricted stock units) on February 27, 2026. The acquisition price reported is $0.00, indicating these were issued as an award, not a purchase or sale.
Key Details
- Transaction date: 2026-02-27; Form 4 filed: 2026-03-02 (timely filing).
- Transaction type/code: A — Grant/award or other acquisition.
- Shares involved: 70 RSUs acquired at $0.00.
- Shares owned after transaction: Not specified in the filing.
- Footnote: Sirius XM paid a $0.27 per-share cash dividend on 2/27/2026; under the terms of the filer’s outstanding RSUs, the filer received additional restricted stock units equal to the dividend amount. These additional units carry the same vesting and settlement terms as the underlying RSUs.
Context
- This was a dividend-related issuance of additional RSUs (routine corporate action) rather than an open-market purchase or sale. Such dividend adjustments to equity awards are typically administrative and do not necessarily signal insider buying or selling intent.
Insider Transaction Report
Form 4
SIRIUS XM HOLDINGS INC.(SIRI)
Stephenson Dave
Director
Transactions
- Award
Common Stock
[F1]2026-02-27+70→ 5,846 total
Footnotes (1)
- [F1]On February 27, 2026, Sirius XM Holdings Inc. ("Sirius XM") paid a cash dividend of $0.27 per share on each share of its outstanding common stock. The dividend was payable to all holders of Sirius XM's common stock on the record date, February 11, 2026. Pursuant to the terms of the agreement governing the outstanding restricted stock units held by the filer, the filer received certain additional restricted stock units as a result of this cash dividend. These additional units are subject to the same conditions regarding vesting and settlement as the underlying restricted stock units to which they relate.
Signature
Ruth Ziegler, attorney-in-fact|2026-03-02