Sirius XM (SIRI) director gifts 1,108 shares, holds 5.38M
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SIRIUS XM HOLDINGS INC. director Gregory B. Maffei reported a bona fide gift of 1,108 shares of Common Stock held indirectly through a GRAT. After this disposition, he directly owns 5,378,181 shares of Sirius XM common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,108 shares gifted
Mixed
2 txns
Insider
MAFFEI GREGORY B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 1,108 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Indirect, By GRAT);
Common Stock — 5,378,181 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did Gregory B. Maffei report for SIRI?
Gregory B. Maffei reported a bona fide gift of 1,108 shares of Sirius XM common stock. The shares were held indirectly through a GRAT, and the transfer carried a reported price of $0.00 per share as a non-cash gift.
Was the Sirius XM (SIRI) insider transaction a purchase or sale?
The reported insider transaction was neither a purchase nor a sale in the market. It was a bona fide gift of 1,108 shares, coded as a gift disposition, with no cash consideration shown in the filing.
What does 'By GRAT' mean in Gregory Maffei’s SIRI Form 4 filing?
“By GRAT” indicates the 1,108 gifted shares were held indirectly via a Grantor Retained Annuity Trust. The Form 4 records the change in this indirect holding while separately reporting Maffei’s substantial direct ownership of Sirius XM shares.
Does Gregory Maffei still have a large stake in Sirius XM (SIRI) after the gift?
Yes. Even after gifting 1,108 shares, Gregory B. Maffei directly owns 5,378,181 shares of Sirius XM common stock. The Form 4 highlights this sizeable ongoing direct ownership position following the March 5, 2026 gift transaction.