A Form 4 filed on August 28, 2026, discloses that Anjali Sud, a director of Sirius XM Holdings Inc. (NASDAQ:SIRI), acquired 60 shares of common stock on August 26, 2026, as a result of a cash dividend paid on outstanding restricted stock units.

Key Highlights

  • Reporting person: Anjali Sud, listed as a Director of Sirius XM Holdings Inc.
  • Transaction: Acquisition (code A) of 60 shares of common stock on August 26, 2026, at a price of $0.0000.
  • Dividend context: Sirius XM paid a cash dividend of $0.27 per share on August 26, 2026, to holders of record as of August 10, 2026.
  • Source of shares: The 60 additional restricted stock units were credited pursuant to the terms governing Sud's existing restricted stock units as a result of the cash dividend.
  • Vesting conditions: The additional units are subject to the same vesting and settlement conditions as the underlying restricted stock units to which they relate, according to the filing.
  • Beneficial ownership following transaction: 16,204 shares of common stock held directly.

Dividend-Linked RSU Credit for Sirius XM Director Anjali Sud

According to the Form 4 filed with the U.S. Securities and Exchange Commission, Anjali Sud, who is identified in the filing as a Director of Sirius XM Holdings Inc. (NASDAQ:SIRI), received 60 additional restricted stock units on August 26, 2026. The filing states that the acquisition was not a market purchase: the transaction price is reported as $0.0000, and the shares arose solely from the terms of the agreement governing Sud's existing restricted stock unit holdings.

The filing explains that on August 26, 2026, Sirius XM paid a cash dividend of $0.27 per share on each share of its outstanding common stock. The dividend was payable to holders of record as of August 10, 2026. Pursuant to the terms of the agreement governing the outstanding restricted stock units held by the filer, Sud received certain additional restricted stock units as a result of this cash dividend. The filing notes that "these additional units are subject to the same conditions regarding vesting and settlement as the underlying restricted stock units to which they relate."

Following the reported transaction, the filing states that Sud directly and beneficially owns 16,204 shares of Sirius XM common stock. The Form 4 was signed by Ruth Ziegler as attorney-in-fact on August 27, 2026, and no derivative securities transactions were reported in Table II of the filing.

What Was Disclosed

The filing reports a single acquisition of 60 shares of Sirius XM common stock by Director Anjali Sud on August 26, 2026, at $0.0000, triggered by a company cash dividend of $0.27 per share, bringing her direct beneficial ownership to 16,204 shares.