Summary by Futu AI
On September 9, 2024, Jennifer C. Witz, CEO of Sirius XM Holdings Inc. (SIRI), completed a significant transaction involving the company's common stock. Witz disposed of 2,808,790 shares at a price of $0.00, which is typically indicative of a non-market transaction such as the exercise of options or distribution of shares. Following this disposal, Witz directly holds 264,143 shares of Sirius XM common stock. Additionally, Witz has an indirect beneficial ownership of 1,139 shares through a 401(k) Plan. The nature of the shares disposed and acquired suggests these transactions could be part of Witz's compensation or a structured selling plan.