secwatch.observer — SEC 8-K summary
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Issuer:     SIRIUS XM HOLDINGS INC. (SIRI)
CIK:        0000908937
Form:       8-K
Filed at:   2025-11-18T23:59:59+00:00
Accession:  0001104659-25-113465
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SiriusXM appoints Zac Coughlin as CFO effective Jan 1, 2026; Tom Barry steps down
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- Coughlin previously CFO at PVH Corp; joins effective Jan 1, 2026 with $1M base salary and $1M sign-on bonus.
- Outgoing CFO Tom Barry to step down Dec 31, 2025; will serve in advisory role through Feb 1, 2026 with no disagreements.
- Coughlin receives time-based RSUs with total grant value of $6M, vesting over 2-3 years; eligible for additional PSUs in 2026.
- Company reaffirmed full-year 2025 guidance as provided on October 30, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/908937/000110465925113465/0001104659-25-113465-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/908937/000110465925113465/tm2531335d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-113465

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer