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Sirius XM | 3: Initial statement of beneficial ownership of securities- WESCHLER, R. TED

SEC ·  Sep 19 21:39
Summary by Futu AI
R. Ted Weschler, a director and member of the 10% owner group of Sirius XM Holdings Inc., filed an Initial Statement of Beneficial Ownership of Securities with the SEC on September 19, 2024. The filing, required under Section 16(a) of the Securities Exchange Act of 1934, disclosed Weschler's direct and indirect holdings in the company's common stock. Weschler directly owns 747,945 shares and has indirect beneficial ownership of 40,677 shares through a daughter and 22,747 shares through the Rita E. and Frank J. Weschler Educational Trust. The report clarifies that Weschler disclaims beneficial ownership of the shares except to the extent of his pecuniary interest. Additionally, due to an agreement with Berkshire Hathaway Inc. from May 24, 2013, Weschler and Berkshire are to file as a 'group' concerning their holdings in Sirius XM. Weschler also disclaims beneficial ownership of shares owned by Berkshire, its subsidiaries, and subsidiary pension plans.
R. Ted Weschler, a director and member of the 10% owner group of Sirius XM Holdings Inc., filed an Initial Statement of Beneficial Ownership of Securities with the SEC on September 19, 2024. The filing, required under Section 16(a) of the Securities Exchange Act of 1934, disclosed Weschler's direct and indirect holdings in the company's common stock. Weschler directly owns 747,945 shares and has indirect beneficial ownership of 40,677 shares through a daughter and 22,747 shares through the Rita E. and Frank J. Weschler Educational Trust. The report clarifies that Weschler disclaims beneficial ownership of the shares except to the extent of his pecuniary interest. Additionally, due to an agreement with Berkshire Hathaway Inc. from May 24, 2013, Weschler and Berkshire are to file as a 'group' concerning their holdings in Sirius XM. Weschler also disclaims beneficial ownership of shares owned by Berkshire, its subsidiaries, and subsidiary pension plans.
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