SIRIUS XM HOLDINGS INC.·4

Mar 2, 4:47 PM ET

Witz Jennifer C 4

Research Summary

AI-generated summary

Updated

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.