secwatch.observer — SEC 8-K summary
======================================

Issuer:     SIRIUS XM HOLDINGS INC. (SIRI)
CIK:        0000908937
Form:       8-K
Filed at:   2026-01-29T23:59:59+00:00
Accession:  0001104659-26-007737
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SiriusXM names Eve Konstan as EVP, Chief Legal Officer, replacing retiring Richard Baer
--------------------------------------------------------------------------------

- Richard Baer to retire; steps down as EVP/G.C. on Feb 8, part-time through Mar 6, 2026.
- Eve Konstan, former Spotify G.C., appointed EVP, Chief Legal Officer & Secretary, effective Feb 9, 2026.
- Konstan receives $1M base salary, 150% target bonus, and equity awards totaling $5M in RSUs.
- Equity includes $1.5M time-based, $2M sign-on, and $1.5M performance-based RSUs vesting over 2-3 years.
- No severance payable to Baer in connection with retirement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/908937/000110465926007737/0001104659-26-007737-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/908937/000110465926007737/tm264347d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-007737

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