4Filed Aug 27, 8:00 PM ET
Sirius XM (SIRI) Director David Zaslav Receives 60-Share Award
$(SIRI) · SIRIUS XM HOLDINGS INC.Research Summary
AI-generated summary of this SEC filing
Sirius XM (SIRI) Director David Zaslav Receives 60-Share Award
What Happened
David Zaslav, a director of Sirius XM Holdings Inc. (SIRI), was credited with 60 shares/restricted stock units on August 26, 2026. The units were reported at $0.00 per share (total reported value $0) and reflect additional RSUs issued as a result of a company cash dividend.
Key Details
- Transaction date: 2026-08-26 (reported on Form 4 filed 2026-08-28). Filing appears timely (within the usual 2-business-day window).
- Transaction type: Award/acquisition of 60 shares (reported as restricted stock units) at $0.00 per share. Total reported value: $0.
- Footnote: Sirius XM paid a $0.27 per-share cash dividend with record date Aug 10, 2026; under the RSU agreement, dividend payments were settled by issuing additional RSUs. These additional units carry the same vesting and settlement conditions as the underlying RSUs.
- Shares owned after the transaction: not specified in the provided filing details.
Context
This was not a market purchase or sale but an issuance of additional restricted stock units tied to the company dividend. Such dividend-related RSU adjustments are administrative/contractual and do not by themselves indicate a change in insider sentiment.