SIGA TECHNOLOGIES INC·4

Mar 17, 4:07 PM ET

Miller Larry R. 4

4 · SIGA TECHNOLOGIES INC · Filed Mar 17, 2026

Research Summary

AI-generated summary of this filing

Updated

SIGA GC Larry Miller Receives RSU Award Shares

What Happened

  • Larry R. Miller, General Counsel of SIGA Technologies (SIGA), reported the vesting/acquisition of 68,060 shares from restricted stock units (RSUs) on March 13, 2026. The issuer withheld 11,187 shares to satisfy tax withholding obligations (based on the $5.26 closing price), valued at $58,844.
  • The filing also reports conversion/exercise of 21,261 derivative shares (reported as exercised/converted and cancelled) at $0 — these appear as non‑cash derivative conversions associated with the equity award.

Key Details

  • Transaction date: March 13, 2026; Form 4 filed March 17, 2026 (appears timely).
  • Vesting: 68,060 RSU shares acquired (represents one‑third of RSUs granted March 13, 2025; RSUs vest one‑third annually).
  • Tax withholding: 11,187 shares withheld at $5.26/share = $58,844 (code F).
  • Derivatives: 21,261 derivative shares shown exercised/converted and cancelled at $0 — reported as M entries (no cash proceeds).
  • Shares owned after transaction: Not provided in the supplied data.

Context

  • This was an award/vesting transaction (A) with tax withholding (F), not an open‑market buy or sale; such vesting is routine compensation, not a market directional trade.
  • The derivative (M) entries reflect conversions/cancellations of underlying derivative securities tied to the award and involved no cash exchange; the net common shares received after withholding appear to be 68,060 − 11,187 = 56,873 shares.

Insider Transaction Report

Form 4
Period: 2026-03-13
Miller Larry R.
General Counsel
Transactions
  • Exercise/Conversion

    Common Stock, par value $.0001 per share

    [F1]
    2026-03-13+21,26159,705 total
  • Tax Payment

    Common Stock, par value $.0001 per share

    [F2]
    2026-03-13$5.26/sh11,187$58,84448,518 total
  • Exercise/Conversion

    Restricted Stock Units

    [F3]
    2026-03-1321,26142,523 total
    Common Stock, par value $.0001 per share (21,261 underlying)
  • Award

    Restricted Stock Units

    [F3]
    2026-03-13+68,06068,060 total
    Common Stock, par value $.0001 per share (68,060 underlying)
Footnotes (3)
  • [F1]Represents the acquisition of Common Stock from the vesting of one-third of the restricted stock units ("RSUs") granted on March 13, 2025.
  • [F2]Represents the withholding by the Issuer of shares of Common Stock (based on $5.26 per share, the closing stock price on March 13, 2026) to satisfy tax withholding obligations associated with the vesting of RSUs and the consequent issuance of Common Stock.
  • [F3]RSUs represent contingent rights to receive Common Stock on a one-for-one basis. The RSUs vest over three years, one-third on each of the first three anniversaries of the date of grant.
Signature
/s/ Larry R. Miller|2026-03-17

Documents

1 file
  • 4
    ownership.xmlPrimary

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