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AI brief of an SEC Form 8-K · SiriusXM (SIRI)

SiriusXM names Zac Coughlin CFO effective Jan. 1, 2026; Tom Barry steps down

Neutral Impact 4 of 5 leadership Written later

Sirius XM Holdings named Zac Coughlin, currently CFO of PVH Corp., as Executive Vice President and Chief Financial Officer effective January 1, 2026, succeeding Thomas Barry, who steps down effective the end of December 31, 2025. The company also reaffirmed its full-year 2025 guidance given on October 30, 2025.

Key points

  • Coughlin's employment agreement runs through December 31, 2028, with a $1,000,000 base salary and a 150% annual target bonus.
  • Coughlin receives a $1,000,000 cash sign-on bonus and RSU grants of $2,000,000 and $4,000,000, plus an expected $2,000,000 performance-based RSU grant for 2026.
  • Barry will serve in an advisory role and receive his current salary and benefits from January 1, 2026 through February 1, 2026.
  • The company reaffirmed its full-year 2025 guidance provided on October 30, 2025.

The filing

CompanySiriusXM (SIRI)
Form8-K, current report
Filed with the SECNov 18, 2025, 8:01 AM ET
Accession number0001104659-25-113465

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 18, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.