Sirius XM (SIRI) director Zaslav credited 104 RSUs from cash dividend
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SIRIUS XM HOLDINGS INC. director David Zaslav reported an automatic acquisition of 104 shares of common stock on a grant or award basis. These shares reflect additional restricted stock units credited in connection with a $0.27 per-share cash dividend paid on February 27, 2026. Following this dividend-related adjustment, his directly held common stock total increased to 28,547 shares, and the added units carry the same vesting and settlement terms as the original awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Zaslav David
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 104 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 28,547 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did SIRI (Sirius XM) report for David Zaslav?
Sirius XM reported that director David Zaslav acquired 104 shares of common stock through a grant of additional restricted stock units. These were credited due to a cash dividend and are subject to the same vesting and settlement terms as the original units.
Why did David Zaslav receive additional restricted stock units from SIRI?
David Zaslav received additional restricted stock units because Sirius XM paid a cash dividend of $0.27 per share on outstanding common stock. Under the RSU agreement, the dividend generated extra units that mirror the vesting and settlement terms of his existing awards.
What dividend did SIRIUS XM HOLDINGS INC. pay that affected Zaslav’s RSUs?
Sirius XM paid a cash dividend of $0.27 per share on its outstanding common stock on February 27, 2026. This dividend triggered the grant of additional restricted stock units to David Zaslav under his award terms, increasing his equity-based holdings.
Do the new SIRI restricted stock units for David Zaslav have different vesting terms?
No, the additional restricted stock units granted to David Zaslav have the same vesting and settlement conditions as the underlying RSUs they relate to. They function as a dividend-equivalent adjustment rather than a separate award with new conditions.