Sirius XM (SIRI) COO reports 28,750-share tax withholding on RSU vesting
Rhea-AI Filing Summary
Sirius XM Holdings Inc. insider share transaction
An executive vice president and chief operating officer of Sirius XM Holdings Inc. (SIRI) reported a routine share transaction. On 12/16/2025, the officer surrendered 28,750 shares of common stock at a price of $21.54 per share. This surrender was made to the company to cover withholding taxes that became due when restricted stock units and related dividends vested.
After this tax-related transaction, the officer beneficially owned 113,676 shares of Sirius XM common stock directly. The filing indicates that this was a Form 4 submitted by one reporting person and reflects a standard administrative event tied to equity compensation, not an open-market sale.
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FAQ
What insider transaction did Sirius XM (SIRI) report on this Form 4?
The executive vice president and chief operating officer of Sirius XM Holdings Inc. reported surrendering 28,750 shares of common stock on 12/16/2025.
Why were 28,750 Sirius XM (SIRI) shares surrendered by the executive?
The 28,750 shares of Sirius XM common stock were surrendered to the company to cover withholding taxes due upon the vesting of restricted stock units and related dividends.
At what price were the surrendered Sirius XM (SIRI) shares valued?
The surrendered 28,750 shares of Sirius XM common stock were valued at a price of $21.54 per share for the tax withholding transaction.
How many Sirius XM (SIRI) shares does the reporting person own after the transaction?
Following the tax-withholding surrender, the executive beneficially owned 113,676 shares of Sirius XM common stock, held in direct ownership.
What is the role of the reporting person at Sirius XM (SIRI)?
The reporting person is an officer of Sirius XM Holdings Inc., serving as EVP, Chief Operating Officer.
Was this Sirius XM (SIRI) insider transaction an open-market sale?
No. The filing explains that the 28,750 shares were surrendered to the company to cover withholding taxes tied to vested restricted stock units, rather than sold in the open market.