SIRIUS XM HOLDINGS INC.·4

Mar 2, 4:47 PM ET

Zaslav David 4

Research Summary

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Sirius XM Director David Zaslav Receives 104-Share Award

What Happened

  • David Zaslav, a director of Sirius XM Holdings Inc. (SIRI), was issued an award of 104 restricted stock units on February 27, 2026. The reported acquisition price was $0.00, so the immediate cash value recorded for the grant is $0. These additional units were issued as a result of Sirius XM paying a $0.27 per-share cash dividend.

Key Details

  • Transaction type: Award/Grant (code A)
  • Transaction date: February 27, 2026; Form 4 filed March 2, 2026 (Accession 0001225208-26-002875)
  • Shares/units received: 104 RSUs at $0.00 per share (total reported cost $0)
  • Shares owned after transaction: Not specified in the provided filing
  • Footnote: The 104 additional RSUs were issued pursuant to the terms of existing restricted stock units as a dividend-related adjustment; they are subject to the same vesting and settlement conditions as the underlying RSUs.

Context

  • This was an award tied to a company cash dividend (dividend reinvestment into additional RSUs), not an open-market purchase or sale. Such dividend-related adjustments are routine and do not by themselves indicate a change in insider sentiment.