---
schema_version: "secwatch.filing_event.v1"
accession: "0000930413-24-001306"
form_type: "8-K"
ticker: "SIRI"
cik: "0000908937"
company_name: "SIRIUS XM HOLDINGS INC."
filed_at: "2024-04-18T23:59:59+00:00"
generated_at: "2026-06-03T21:23:51.064630+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Sirius XM enters new employment agreement with President Scott Greenstein; base salary to $1.7M

## Summary
- Base salary increased to $1,700,000 per year effective May 25, 2024; target annual bonus of 200% of base salary.
- Equity grants on grant date: option valued at $8.25M, RSUs at $1.65M, and two performance-based RSUs at $3.3M each (total $16.5M).
- Term ends May 24, 2027; severance includes 1.5x base plus greater of $2.6M or last bonus for qualifying terminations.
- Agreement is substantially similar to prior contract except for economic terms; includes non-compete and clawback provisions.
- Greenstein continues as President and Chief Content Officer, reporting to CEO.

## SEC filing metadata
- accession: 0000930413-24-001306
- form_type: 8-K
- ticker: SIRI
- cik: 0000908937
- company_name: SIRIUS XM HOLDINGS INC.
- filed_at: 2024-04-18T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/908937/000093041324001306/0000930413-24-001306-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/908937/000093041324001306/c108836_8k-ixbrl.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000930413-24-001306
- JSON: https://secwatch.observer/filing/0000930413-24-001306.json
- Plain text: https://secwatch.observer/filing/0000930413-24-001306.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.