A Form 4 filed on August 28, 2026, discloses that David Zaslav, a director of Sirius XM Holdings Inc. (NASDAQ:SIRI), acquired 60 additional restricted stock units on August 26, 2026, as a result of a cash dividend paid by the company.

Key Highlights

  • Transaction date: August 26, 2026, with transaction code "A" (acquired).
  • Shares acquired: 60 shares of common stock (in the form of additional restricted stock units) at a price of $0.0000.
  • Beneficial ownership following transaction: 35,465 shares held directly.
  • 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.
  • Nature of units: The additional restricted stock units are subject to the same vesting and settlement conditions as the underlying restricted stock units to which they relate.
  • Filing signed by: Ruth Ziegler, attorney-in-fact, on August 27, 2026.

Zaslav's RSU Adjustment Following Sirius XM Cash Dividend

According to the filing, David Zaslav, who is identified as a director of Sirius XM Holdings Inc., received 60 additional restricted stock units on August 26, 2026. The filing explains that this acquisition was a direct consequence of Sirius XM paying a cash dividend of $0.27 per share on each share of its outstanding common stock on that date, with the record date set at August 10, 2026.

The filing states that, pursuant to the terms of the agreement governing Zaslav's outstanding restricted stock units, he received certain additional restricted stock units as a result of this cash dividend. The additional units carry a recorded price of $0.0000 and are described as being "subject to the same conditions regarding vesting and settlement as the underlying restricted stock units to which they relate," according to the filing's footnote.

Following the reported transaction, the filing discloses that Zaslav beneficially owns 35,465 shares of Sirius XM common stock on a direct basis. No derivative securities transactions were reported in Table II of the filing. The form was filed by one reporting person and signed by Ruth Ziegler as attorney-in-fact on August 27, 2026.

What Was Disclosed

David Zaslav, a director at Sirius XM Holdings Inc. (NASDAQ:SIRI), filed a Form 4 reporting the acquisition of 60 additional restricted stock units at $0.0000 on August 26, 2026, tied to a $0.27 per share cash dividend, bringing his direct beneficial ownership to 35,465 shares.