Form 4: SIRIUS XM Director Gregory Maffei Acquires 7,816 Restricted Stock Units

SIRIUS XM Holdings Inc. Director Gregory B. Maffei reported the acquisition of 7,816 restricted stock units, which are set to vest on May 29, 2026.

Summary

• Gregory B. Maffei, a Director of SIRIUS XM Holdings Inc. (SIRI), acquired 7,816 shares of Common Stock.
• The acquisition occurred on May 29, 2025, at a price of $0.0000 per share, indicating a grant of restricted stock units.
• These restricted stock units are scheduled to vest on May 29, 2026.
• Following this transaction, Mr. Maffei directly beneficially owns 4,790,430 shares of Common Stock and indirectly owns 520,840 shares via a Grantor Retained Annuity Trust (GRAT).

Sentiment

Score: 7

Explanation: The acquisition of restricted stock units by a director is generally viewed positively as it aligns management's interests with those of shareholders and indicates a commitment to the company's long-term performance.

Positives

• Director Gregory B. Maffei acquired 7,816 shares of Common Stock, aligning his interests further with shareholders.
• The acquisition was in the form of restricted stock units, which typically incentivize long-term performance and retention of key management.

Future Outlook

The 7,816 restricted stock units acquired by Director Gregory B. Maffei are scheduled to vest on May 29, 2026, indicating a future equity inflow for the director contingent on continued service.

Industry Context

This filing reflects an individual insider's equity compensation and ownership changes, which is a routine aspect of corporate governance and executive compensation within the media and entertainment industry, specifically for companies like SIRIUS XM. It does not provide broader industry trend insights.

Related Party Transactions

• The reporting person holds 520,840 shares indirectly through a GRAT (Grantor Retained Annuity Trust), which is a common estate planning vehicle and represents an existing related party arrangement for beneficial ownership.

Stakeholder Impact

• Shareholders: The acquisition of restricted stock units by a director aligns management's interests with shareholders, potentially fostering long-term value creation and demonstrating confidence in the company's future.

Next Steps

• The 7,816 restricted stock units are expected to vest on May 29, 2026.

Key Dates

Keywords

SIRIUS XM, SIRI, Gregory Maffei, Form 4, SEC filing, insider transaction, restricted stock units, RSU, beneficial ownership, equity compensation