Summary by Futu AI
Michael Rapino, associated with Sirius XM Holdings Inc. (SIRI), was granted 426 shares of common stock on May 29, 2024. The transaction was completed at no cost to the recipient, indicating the shares were likely awarded as part of a compensation package or incentive plan. Following this transaction, Rapino's direct holdings in Sirius XM common stock increased to a total of 258,310 shares. The grant of shares underscores the company's ongoing investment in its leadership team and may be of interest to investors monitoring insider transactions as an indicator of the company's performance and management's alignment with shareholder interests.