HARTENSTEIN EDDY W 4

What Happened

• Eddy W. Hartenstein, a director of Sirius XM Holdings Inc. (SIRI), was granted 83 additional restricted stock units (reported as an acquisition/award) on May 27, 2026. The Form 4 reports the per-share price as $0.00 and a total reported value of $0 for the award (transaction code A).
• These units were issued as dividend equivalents tied to Sirius XM’s cash dividend ($0.27 per share) and are subject to the same vesting and settlement conditions as the underlying restricted stock units.

Key Details

• Transaction date: 2026-05-27; Form 4 filed: 2026-05-28 (appears timely).
• Transaction type/code: Award/Acquisition (A).
• Shares/units acquired: 83; reported price: $0.00; reported total: $0.
• Shares owned after transaction: Not reported on this Form 4.
• Footnote: The award resulted from Sirius XM’s $0.27 per-share cash dividend; additional RSUs were granted per the RSU agreement and carry the same vesting/settlement terms (see footnote F1).
• No indication of a sale or open-market purchase—these are dividend-related additional units, not a cash purchase or exercise.

Context

• Dividend-equivalent RSUs are commonly issued to preserve the economic value of dividends for holders of restricted stock units; they do not reflect an open-market purchase or immediate cash outlay by the insider.
• This filing is routine reporting of awarded units tied to a company dividend and should not be read as an explicit buy or sell signal.