SIRIUS XM (SIRI) COO Wayne Thorsen Receives Restricted Stock Award

What Happened

Wayne Thorsen, Chief Operating Officer of SIRIUS XM Holdings Inc. (SIRI), received a grant of 96,667 restricted stock units (transaction code A) on February 10, 2026. The award is reported at a $0 acquisition price (typical for compensation grants); no cash changed hands at grant. The units will vest in installments rather than being immediately transferable.

Key Details

• Transaction date: 2026-02-10; Form 4 filed 2026-02-12 (timely filing within the 2-business-day window).
• Security: 96,667 restricted stock units (reported as shares acquired at $0.00).
• Shares owned after transaction: Not specified in the summary data of this filing.
• Footnote: Approximately one‑third of the RSUs will vest on 2/10/2027, 2/10/2028 and 2/10/2029.
• Transaction code: A = Award/Grant.

Context

Restricted stock units are a common form of executive compensation and typically vest over time; they do not represent an immediate purchase or sale of stock. Because these awards vest in future years, they are compensation-driven and do not necessarily signal a near-term trading view by the insider. Tax withholding or share retention rules may apply at each vesting date.