{"schema_version":"secwatch.filing_event.v1","accession":"0000930413-22-001231","form_type":"8-K","ticker":"SIRI","cik":"0000908937","company_name":"SIRIUS XM HOLDINGS INC.","filed_at":"2022-06-29T23:59:59+00:00","discovered_at":"2026-05-14T18:04:04.274052+00:00","generated_at":"2026-06-24T22:31:53.218716+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Sirius XM appoints Verbrugge CCO with $1.1M base salary and $5M equity grants","bullets":["Joseph Verbrugge appointed Chief Commercial Officer of Sirius XM Radio Inc., effective June 28, 2022, through June 27, 2024.","Annual base salary of $1,100,000, increasing to $1,150,000 on June 28, 2023; target bonus of 150% of base salary.","Equity grants: option valued at $1.25M (Black-Scholes), time-based RSUs $1.25M, and performance-based RSUs $2.5M (FCF and relative TSR).","Severance: lump sum equal to base salary plus last bonus, pro-rated bonus, 18 months health benefits, and 1 year life insurance."],"urls":{"canonical":"https://secwatch.observer/filing/0000930413-22-001231","json":"https://secwatch.observer/filing/0000930413-22-001231.json","markdown":"https://secwatch.observer/filing/0000930413-22-001231.md","text":"https://secwatch.observer/filing/0000930413-22-001231.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/908937/000093041322001231/0000930413-22-001231-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/908937/000093041322001231/c104026_8k-ixbrl.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T22:31:53.218716+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"efb3698971","claim":"Joseph A. Verbrugge was appointed as Chief Commercial Officer at SIRIUS XM HOLDINGS INC..","evidence_excerpt":"On June 28, 2022, our subsidiary, Sirius XM Radio Inc., entered into a new Employment Agreement with Joseph A. Verbrugge to serve as its Chief Commercial Officer through June 27, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/908937/000093041322001231/0000930413-22-001231-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Commercial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}