Thorsen Wayne 4

What Happened Wayne Thorsen, Chief Operating Officer of Sirius XM Holdings Inc. (SIRI), was credited with 2,343 shares (recorded as an acquisition at $0.00) on February 27, 2026. The Form 4 shows these were additional restricted stock units (RSUs) received in connection with a $0.27 per-share cash dividend; the filing reports an acquisition price of $0.00 for these units.

Key Details

• Transaction date: February 27, 2026; Form 4 filed March 2, 2026 (filed within required reporting window).
• Transaction type/code: Award/Grant (A) — additional restricted stock units.
• Shares acquired: 2,343 RSUs; reported acquisition price: $0.00.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: The 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 (per footnote F1).
• No indication of a sale, purchase for cash, or tax withholding reported in this entry.

Context These units are dividend-related RSU adjustments (not an open-market buy or sale). Such awards are typically administrative—reflecting dividend treatment of outstanding RSUs—and do not necessarily signal a change in the insider’s trading intent. The filing appears timely.