$SIGA·8-K

SIGA TECHNOLOGIES INC · Jun 10, 4:05 PM ET

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SIGA TECHNOLOGIES INC 8-K

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SIGA Technologies Approves 6.5M-Share Increase to 2010 Stock Plan

What Happened

  • SIGA Technologies, Inc. held its 2026 Annual Meeting of Stockholders on June 9, 2026 and filed an 8-K on June 10, 2026 announcing that stockholders approved an amendment to the Amended and Restated 2010 Stock Incentive Plan.
  • The approved Plan Amendment increases the aggregate number of shares of common stock available for issuance under the 2010 Plan by 6,500,000 shares. Details of the amendment were disclosed in the Definitive Proxy Statement (filed April 28, 2026) and a Supplement (filed May 8, 2026).

Key Details

  • Meeting date: June 9, 2026; 8-K filed June 10, 2026.
  • Increase: 6,500,000 additional shares authorized for issuance under the 2010 Stock Incentive Plan.
  • Plan referenced: Amended and Restated 2010 Stock Incentive Plan; amendment described in the company’s proxy materials.
  • The Plan Amendment text is included with the 8-K filing disclosures.

Why It Matters

  • The approval authorizes SIGA to grant more equity awards (stock options, restricted stock, etc.) to employees, directors and consultants under the 2010 Plan, which the company can use for compensation and retention.
  • Issuing awards under the expanded plan can dilute existing shareholders if and when shares are issued, so investors should watch for future equity grants and changes to the company’s outstanding share count.

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