cos1000

CEO Mel Karmazin Buys 2 Million Sirius XM Shares

Mel's approximate price per share is about $3.90. He was 3 mil of the 8.5 mil shares as a sign on bonus. He vests 20% per year for thos shares. I don't know what the cost basis is for the 3 mil shares. He's purchased 5.5 mil on the open market according to SEC filings.