SIRIUS XM HOLDINGS INC.·4

Jun 2, 4:12 PM ET

Salen Kristina 4

Research Summary

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Updated

Sirius XM Director Kristina Salen Sells 4,097 Shares, Receives Award

What Happened

  • Kristina Salen, a director of Sirius XM Holdings Inc. (SIRI), reported two transactions on 2026-05-29: an open-market sale of 4,097 shares at $29.57 per share (total proceeds $121,148) and the receipt of 6,775 restricted stock units (RSUs) reported as an award (acquisition value $0).
  • The sale reduces her outright holdings (exact post-transaction ownership not stated in the filing). The RSUs are a compensation award that will vest in the future.

Key Details

  • Transaction date: 2026-05-29; Filing date: 2026-06-02.
  • Sale: 4,097 shares @ $29.57 = $121,148 (code S).
  • Award: 6,775 RSUs @ $0 reported (code A); footnote F1 — RSUs vest on May 29, 2027.
  • Footnote F2 — the sale occurred under a prearranged 10b5-1 trading plan established on August 1, 2025.
  • Shares owned after transaction: not disclosed in this filing.
  • No late-filing flag noted in the filing metadata provided here.

Context

  • The RSU award is a typical form of director compensation and will convert to shares if and when it vests on May 29, 2027.
  • The open-market sale was executed under a 10b5-1 plan (prearranged), which is commonly used by insiders to sell shares according to a preset schedule and does not by itself indicate a change in view about the company.