Summary by Futu AI
Joseph A Verbrugge, the Chief Commercial Officer of Sirius XM Holdings Inc. (SIRI), was granted 3,813 shares of common stock on May 29, 2024. The transaction was completed at no cost to the officer. Following this grant, Verbrugge's direct holdings in the company increased to a total of 748,915 shares of common stock. The grant is part of the company's compensation strategy for its executives and is a standard practice in aligning the interests of management with those of shareholders.