Sirius XM (SIRI) Director Evan Malone Receives 83-Share Award

What Happened

• Evan Malone, a director of Sirius XM Holdings Inc. (SIRI), was credited with 83 shares (restricted stock units) on May 27, 2026. The reported acquisition price is $0.00, so the units were issued at no cash cost to the insider. The filing classifies this as an Award/Grant (code A).

Key Details

• Transaction date: 2026-05-27; reported on Form 4 filed 2026-05-28 (timely filing).
• Shares acquired: 83 RSUs; reported price per share: $0.00; total reported cost: $0.
• Footnote: Sirius XM paid a $0.27 per-share cash dividend on May 27, 2026. Per the RSU agreement, Malone received additional RSUs as a result of that dividend. These additional units carry the same vesting and settlement conditions as the underlying RSUs.
• Shares owned after transaction: Not specified in the provided filing excerpt.

Context

• This was an issuance of additional restricted stock units tied to a company dividend, not an open-market purchase or sale. Such dividend-related adjustments are routine and reflect how some RSU plans handle cash dividends (by issuing extra units). These awards do not by themselves indicate insider buying or selling intentions.