Summary by Moomoo AI
Sirius XM Holdings Inc. CEO Jennifer C Witz is set to dispose of 12,241 shares of Common Stock on 12/31/2024. The transaction, coded as 'F', indicates payment of exercise price or tax liability by delivering or withholding securities. The shares will be sold at $22.8 per share, totaling $279,094.8.Following the transaction, Witz will directly own 252,570 shares of Sirius XM common stock. Additionally, she indirectly holds 1,139 shares through a 401(k) Plan. The transaction is currently in progress and scheduled for the last day of 2024.This stock disposition represents a small portion of the CEO's total holdings in the company. The use of company stock for tax or exercise price payments is a common practice among executives, often part of pre-planned stock sale programs.
