Form 4: Sirius XM CFO Thomas Barry Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
EVP and CFO of Sirius XM, Thomas Barry, disposed of 16,783 shares of common stock to cover withholding taxes upon the vesting of restricted stock units.
Summary
- On May 2, 2024, Thomas Barry, the EVP and CFO of Sirius XM Holdings Inc., disposed of 16,783 shares of common stock.
- The transaction was executed to cover withholding taxes upon the vesting of restricted stock units and related dividends.
- Following the transaction, Barry directly owns 613,936 shares of common stock.
- Barry also indirectly owns 15,467 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations and does not indicate a positive or negative sentiment towards the company's prospects.
Industry Context
Form 4 filings are a routine part of executive compensation and are common across publicly traded companies. This transaction reflects standard practice for covering tax obligations related to equity compensation.
Key Dates
| Date | Description |
|---|---|
| 05/02/2024 | Date of transaction: Thomas Barry disposed of shares to cover tax obligations. |
| 05/06/2024 | Date of signature on the Form 4 filing. |
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