Witz Jennifer C 4
4 · SIRIUS XM HOLDINGS INC. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Sirius XM CEO Jennifer Witz Receives Award of 2,048 RSUs
What happened
Jennifer C. Witz, CEO and a director of Sirius XM Holdings Inc. (SIRI), was granted 2,048 restricted stock units (RSUs) on February 27, 2026. The units were awarded at $0.00 per share (total reported value $0) as additional RSUs tied to a company cash dividend.
Key Details
- Transaction date: 2026-02-27; Form 4 filed 2026-03-02. No late filing is indicated in the report.
- Transaction type/code: A — award/grant (additional RSUs).
- Amount: 2,048 RSUs acquired at $0.00 each (reported value $0).
- Footnote: Sirius XM paid a $0.27 per-share cash dividend payable to holders of record on Feb 11, 2026; under the RSU agreement, the filer received additional RSUs as a result of this dividend. These additional units are subject to the same vesting and settlement terms as the underlying RSUs.
- Shares owned after transaction: not specified in the provided filing excerpt.
Context
This was not a cash purchase or sale but an in-kind adjustment: the company granted additional RSUs to adjust for a cash dividend. Such dividend-related RSU adjustments preserve the economic interest of RSU holders and do not necessarily signal insider buying or selling intent. Transaction code A simply denotes an award/grant of equity-based units.
Insider Transaction Report
Form 4
SIRIUS XM HOLDINGS INC.(SIRI)
Witz Jennifer C
DirectorCEO
Transactions
- Award
Common Stock
[F1]2026-02-27+2,048→ 378,958 total
Holdings
- 1,333(indirect: By 401(k))
Common Stock
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