Form 4: Sirius XM Executive Scott Greenstein Reports Stock Transaction

Sentiment:

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

DateDescription
05/24/2024Date of transaction: Disposition of shares to cover withholding taxes.

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.