{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-127023","form_type":"8-K","ticker":"SIRI","cik":"0000908937","company_name":"SIRIUS XM HOLDINGS INC.","filed_at":"2024-12-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:11.344080+00:00","generated_at":"2026-05-29T05:25:30.742235+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"SiriusXM appoints Wayne Thorsen COO; issues 2025 guidance with $8.5B revenue and $1.15B FCF","bullets":["Wayne Thorsen named EVP & COO effective Dec 16; oversees product, tech, commercial, strategy; $1.15M salary, $700k sign-on, $4.5M in RSUs.","Joseph Inzerillo steps down as Chief Product & Technology Officer immediately; no disagreement.","2025 guidance: revenue $8.5B, adj EBITDA $2.6B, FCF $1.15B; 2027 FCF target $1.5B.","Targeting incremental $200M annualized savings exiting 2025; expects ~$700M debt reduction in 2025 to 3.6x leverage.","Dividend maintained at $0.27/quarter; $1.166B buyback authorization remains in place."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-127023","json":"https://secwatch.observer/filing/0001104659-24-127023.json","markdown":"https://secwatch.observer/filing/0001104659-24-127023.md","text":"https://secwatch.observer/filing/0001104659-24-127023.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/908937/000110465924127023/0001104659-24-127023-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/908937/000110465924127023/tm2430351d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T05:25:30.742235+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}