Stephenson Dave 4

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.