Sirius XM Director Kristina Salen Receives 60 RSUs

What Happened
Kristina Salen, a director of Sirius XM Holdings Inc. (SIRI), was granted/acquired 60 restricted stock units (RSUs) on August 26, 2026. The Form 4 reports the acquisition as 60 shares at $0.00 (total reported value $0). This was an award (not a market purchase or sale).

Key Details

• Transaction date: 2026-08-26; transaction code: A (award/grant/acquisition).
• Reported price: $0.00 per unit; total reported value: $0.
• Shares owned after transaction: not disclosed in the filing.
• Footnote: Sirius XM paid a $0.27 per-share cash dividend payable Aug 26, 2026 (record date Aug 10); under the RSU agreement the filer received additional RSUs as a dividend equivalent. These additional units are subject to the same vesting and settlement terms as the underlying RSUs.
• Filing timeliness: Form 4 was filed on Aug 28, 2026 (within the typical two-business-day reporting window).

Context
These 60 units were issued as dividend-equivalent RSUs tied to an earlier RSU award, not as an open-market purchase or sale. Such dividend-related grants are routine corporate actions and reflect plan terms rather than a direct cash outlay by the insider. The reported $0 value reflects that these were additional units issued, with actual economic value realized only upon settlement/vesting.