Form 4: Sirius XM Executive Scott Greenstein Reports Stock Transaction
SEC Form 4 Filing
Scott Greenstein, President & Chief Content Officer of Sirius XM Holdings Inc., reports the disposition of shares to cover withholding taxes upon vesting of restricted stock units.
Summary
- On May 24, 2024, Scott Greenstein, the President & Chief Content Officer of Sirius XM Holdings Inc., reported a transaction involving the company's common stock.
- Greenstein disposed of 350,257 shares of common stock at a price of $2.73 per share to cover withholding taxes related to the vesting of restricted stock units and related dividends.
- Following the transaction, Greenstein directly owns 1,882,366 shares of Sirius XM common stock.
- He also indirectly owns 82,337 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/24/2024 | Date of transaction: Disposition of shares to cover withholding taxes. |
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