Salen Kristina 4
Research Summary
AI-generated summary
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.