Luckshire Daniel J 4
4 · SIGA TECHNOLOGIES INC · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
SIGA CFO Daniel J. Luckshire Receives 55,228 RSUs; Withholds 6,074
What Happened
Daniel J. Luckshire, Executive VP & Chief Financial Officer of SIGA Technologies (SIGA), had RSUs vest on March 13, 2026. The filing shows the issuance/conversion of RSU-related derivatives totaling 55,228 shares (issued at $0 consideration). To satisfy tax withholding, the issuer withheld 6,074 shares at the closing price of $5.26 on March 13, 2026 (withholding value ≈ $31,949). Net shares issued to Luckshire were approximately 49,154. The filing also lists conversion/exercise entries of 11,503 derivative shares (reported as $0 consideration) related to the RSU activity.
Key Details
- Transaction date: March 13, 2026; Form 4 filed March 17, 2026 (timely filing).
- Vesting/grant: 55,228 RSU-derived shares issued (A / derivative).
- Withholding (F): 6,074 shares withheld at $5.26/share to cover taxes, value ≈ $31,949.
- Additional derivative entries (M): 11,503 shares exercised/converted (reported at $0).
- Net shares received by Luckshire ≈ 49,154 (55,228 − 6,074).
- Shares owned following the transaction: not specified in the provided filing excerpt.
- Footnotes: F1–F3 indicate these were one‑third vesting of RSUs granted 3/13/2025, standard tax withholding, and RSUs vest one-third annually over three years.
Context
RSU vesting and share withholding for taxes are routine compensation events and do not necessarily signal insider sentiment. The entry codes: A = award/grant, M = exercise/conversion of derivative, F = shares withheld for tax obligations. The filing appears timely (filed within the SEC’s two business‑day window).
Insider Transaction Report
- Exercise/Conversion
Common Stock, par value $.0001 per share
[F1]2026-03-13+11,503→ 286,567 total - Tax Payment
Common Stock, par value $.0001 per share
[F2]2026-03-13$5.26/sh−6,074$31,949→ 280,493 total - Exercise/Conversion
Restricted Stock Units
[F3]2026-03-13−11,503→ 23,008 total→ Common Stock, par value $.0001 per share (11,503 underlying) - Award
Restricted Stock Units
[F3]2026-03-13+55,228→ 55,228 total→ Common Stock, par value $.0001 per share (55,228 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.