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SIRIUS XM HOLDINGS INC.·4

Jun 2, 4:12 PM ET

Rapino Michael 4

Research Summary

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SIRIUS XM Director Michael Rapino Receives 6,775 RSUs

What Happened
Michael Rapino, a director of SIRIUS XM Holdings Inc. (SIRI), was granted 6,775 restricted stock units (RSUs) on May 29, 2026. The filing reports an acquisition type "A" (award/grant) at $0.00 per share (total reported acquisition value $0). This is a grant of compensation-equity, not an open-market purchase or sale.

Key Details

  • Transaction date (period of report): May 29, 2026; Form filed June 2, 2026.
  • Transaction type/code: Award/Grant (A) — Restricted Stock Units (RSUs).
  • Shares/units granted: 6,775 RSUs; reported price $0.00 (acquired at no cash cost in the filing).
  • Vesting: Footnote F1 states the RSUs will vest on May 29, 2027.
  • Shares owned after transaction: Not disclosed in this filing.
  • No indication in the filing of a 10b5-1 plan, tax withholding, or a late filing note.

Context
RSU grants are a common form of executive/director compensation and do not represent an immediate buy or sell in the market. The units typically convert to shares (or are settled in cash) only after vesting; therefore this grant alone is not a current market transaction and should be interpreted as part of compensation rather than a direct sentiment signal.