Gregory Maffei (SIRI: SIRI) receives 6,775 restricted stock units award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MAFFEI GREGORY B reported acquisition or exercise transactions in this Form 4 filing.
SIRIUS XM HOLDINGS INC. director Gregory B. Maffei reported an equity award tied to the company’s common stock. He received 6,775 shares as a grant, recorded at a price of $0.00 per share. These represent restricted stock units scheduled to vest on May 29, 2027.
After this award, Maffei’s directly held stake increased to 5,385,039 shares of common stock. The transaction is compensation-related rather than an open-market purchase, so it mainly reflects ongoing director equity incentives rather than an active trading decision.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MAFFEI GREGORY B
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,775 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 5,385,039 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 6,775 shares
Grant price: $0.00 per share
Holdings after transaction: 5,385,039 shares
+1 more
4 metrics
RSU grant size
6,775 shares
Restricted stock unit award to director on May 29, 2026
Grant price
$0.00 per share
Recorded price for awarded SIRIUS XM common stock
Holdings after transaction
5,385,039 shares
Gregory B. Maffei’s direct SIRIUS XM common stock position post-award
RSU vesting date
May 29, 2027
Vesting date for newly granted restricted stock units
Key Terms
Restricted Stock Units, transaction code "A", Form 4
3 terms
Restricted Stock Units financial
"Restricted Stock Units will vest on May 29, 2027."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
transaction code "A" regulatory
"transaction_code_description": "Grant, award, or other acquisition""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Gregory B. Maffei report at SIRI (SIRIUS XM)?
Gregory B. Maffei reported receiving 6,775 shares of SIRIUS XM common stock as an equity award. The grant was recorded at a price of $0.00 per share and reflects compensation in the form of restricted stock units rather than an open-market purchase.
When do Gregory B. Maffei’s new SIRI (SIRIUS XM) restricted stock units vest?
The restricted stock units granted to Gregory B. Maffei are scheduled to vest on May 29, 2027. Vesting means the units convert into freely owned shares if applicable service or other conditions are met, aligning the director’s compensation with longer-term company performance.
Was Gregory B. Maffei’s SIRI (SIRIUS XM) Form 4 a market purchase or a grant?
The Form 4 shows a grant or award acquisition, not a market purchase. The 6,775 shares were awarded at a price of $0.00 per share as restricted stock units, making this a compensation-related transaction instead of an open-market buy or sell decision.
What does transaction code "A" mean in Gregory B. Maffei’s SIRI (SIRIUS XM) Form 4?
Transaction code "A" on the Form 4 indicates a grant, award, or other acquisition of securities. For Gregory B. Maffei, it represents receipt of 6,775 restricted stock units tied to SIRIUS XM common stock, awarded at no cash cost per share as part of his compensation.