HARTENSTEIN EDDY W 4
Research Summary
AI-generated summary
SIRIUS XM (SIRI) Director Eddy W. Hartenstein Receives Award
What Happened
Eddy W. Hartenstein, a director of SIRIUS XM HOLDINGS INC. (SIRI), received an award of 6,775 restricted stock units (RSUs) on May 29, 2026. The grant was reported with a per-share price of $0.00 and a total reported acquisition value of $0. This was an award/compensation grant rather than a purchase or sale.
Key Details
- Transaction date: 2026-05-29 (Form 4 filed 2026-06-02). Filing appears timely under standard 2-business-day rules.
- Transaction type/code: Award/Grant (A).
- Shares/units: 6,775 RSUs granted at $0.00 per unit (total reported $0).
- Vesting: These RSUs vest on May 29, 2027 (footnote).
- Shares owned after transaction: Not disclosed in the information provided.
- No indication of a 10b5-1 plan, tax-withholding sale, or late filing in the provided details.
Context
RSUs are a form of equity compensation that convert to actual shares upon vesting; they typically cannot be sold or transferred until they vest and may be forfeited if vesting conditions aren't met. Grants to non-employee directors are common and generally reflect compensation, not an immediate market-buy signal.