Sirius XM Holdings Inc. Files 8-K Disclosure

Ticker: SIRI · Form: 8-K · Filed: 2024-06-26T00:00:00.000Z

Sentiment: neutral

Topics: disclosure, regulation-fd

Related Tickers: SIRI

TL;DR

Sirius XM filed an 8-K for a Reg FD disclosure. No new material info yet, just a heads-up.

AI Summary

On June 25, 2024, Sirius XM Holdings Inc. announced a Regulation FD Disclosure. The filing does not contain specific financial figures or new material events beyond the disclosure itself. The company's principal executive offices are located at 1221 Avenue of the Americas, 35th Fl., New York, NY 10020.

Why It Matters

This 8-K filing indicates Sirius XM Holdings Inc. is making a public disclosure under Regulation FD, which ensures all investors receive material information simultaneously. Investors should monitor for further announcements related to this disclosure.

Risk Assessment

Risk Level: low — The filing is a standard disclosure under Regulation FD and does not report any new material events, financial changes, or significant business developments.

Key Players & Entities

FAQ

What is the primary purpose of this 8-K filing?

The primary purpose of this 8-K filing is to provide a Regulation FD Disclosure, as of June 25, 2024.

When was the earliest event reported in this filing?

The earliest event reported in this filing was on June 25, 2024.

What is the address of Sirius XM Holdings Inc.'s principal executive offices?

The address of Sirius XM Holdings Inc.'s principal executive offices is 1221 Avenue of the Americas, 35th Fl., New York, NY 10020.

What is the company's state of incorporation?

The company's state of incorporation is Delaware.

What is the SEC file number for Sirius XM Holdings Inc.?

The SEC file number for Sirius XM Holdings Inc. is 001-34295.

Filing Stats: 601 words · 2 min read · ~2 pages · Grade level 10.5 · Accepted 2024-06-26 09:09:33

Key Financial Figures

Filing Documents

01

Item 7.01. Regulation FD Disclosure. On April 29, 2024, we announced that Joseph A. Verbrugge, our Chief Commercial Officer, planned to retire on June 27, 2024, the date the term of his existing Employment Agreement with our subsidiary Sirius XM Radio Inc. was scheduled to end. In order to facilitate an orderly transition of Mr. Verbrugge's duties and responsibilities, Mr. Verbrugge has agreed to remain a full-time employee of Sirius XM Radio Inc. in the role of Chief Commercial Officer until the July 31, 2024; provided that we may determine in our sole discretion to end his full time employment earlier than July 31, 2024 (such period, the " Full-Time Term "). At the end of the Full-Time Term, Mr. Verbrugge will become a part-time employee and an advisor to the Chief Executive Officer through December 31, 2024 to assist with the transition of his duties and responsibilities. During the Full-Time Term, Mr. Verbrugge will continue to receive his existing annual base salary and employee benefits, and will be eligible to earn a pro-rated 2024 annual bonus in respect of such period. Mr. Verbrugge will not be entitled to receive any severance benefits under his Employment Agreement in connection with his retirement or under the agreement relating to the transition of his duties; provided that if we terminate Mr. Verbrugge's employment without cause (as defined in his employment agreement) prior to July 31, 2024, he will be paid his base salary through such date. 2

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. SIRIUS XM HOLDINGS INC. By: /s/ Patrick L. Donnelly Patrick L. Donnelly Executive Vice President, General Counsel and Secretary Dated: June 26, 2024 3

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