Form 4: SIRIUS XM Director Transfers Shares to Family Trust
SEC Form 4 Filing
Director Eddy W. Hartenstein reports transferring shares of SIRIUS XM Holdings Inc. to the Hartenstein Family Trust.
Summary
- On May 9, 2025, Eddy W. Hartenstein, a director of SIRIUS XM Holdings Inc., transferred 5,182 shares of common stock to the Hartenstein Family Trust.
- Following the transaction, Hartenstein directly owns 6,602 shares and indirectly owns 22,236 shares through the trust.
- The reporting person and members of his immediate family are the sole beneficiaries of the trust.
- The reporting person remains the beneficial owner of the securities held by the trust.
Sentiment
Score: 5
Explanation: This is a neutral transaction, simply a transfer of shares to a family trust. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Related Party Transactions
- The transfer of shares to the Hartenstein Family Trust constitutes a related party transaction.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a transfer to a family trust and the reporting person remains the beneficial owner.
Key Dates
| Date | Description |
|---|---|
| 05/09/2025 | Date of the share transfer transaction. |
| 05/12/2025 | Date of signature for the Form 4 filing. |
Keywords
SIRIUS XM Holdings Inc., Eddy W. Hartenstein, Form 4, Beneficial Ownership, Share Transfer, Director, SIRI, Trust
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.