Ford Harold Eugene Jr. 4

4 · SIGA TECHNOLOGIES INC · Filed Jun 10, 2026

AI-generated summary of this filing

Updated Jun 11, 2026

SIGA Director Harold Ford Sells 7,235 Shares for $31.8K

What Happened

Harold E. Ford Jr., a director of SIGA Technologies, converted/exercised derivatives and received RSU awards on 2026-06-09. The filing shows: a conversion/exercise of 24,116 derivative shares, an award/acquisition of 34,169 RSU-based derivative units, and a disposition to the issuer of 7,235 shares at $4.39 per share for proceeds of $31,762.
The dispositions and awards relate to restricted stock units (RSUs) and derivative conversions rather than an open-market sale. Some RSUs were cash-settled to address tax withholding as part of the board compensation program.

Key Details

Transaction date: 2026-06-09 (Form 4 filed 2026-06-10 — timely).
Sale to issuer: 7,235 shares at $4.39 → $31,762 total.
Derivative activity: 24,116 shares shown as exercised/converted (codes M) and 34,169 shares reported as an award/grant (code A); several entries list $0.00 or N/A as the price (typical for RSU conversions/awards).
Shares owned after the transaction: Not specified in the filing.
Relevant footnotes:
- RSUs are contingent rights to receive common stock one-for-one (F1, F4).
- Partial cash-settlement of RSUs was used to address tax withholding as allowed under the board compensation program (F2); up to 10,251 RSUs may be settled in cash (F4).
- Some RSUs were granted June 10, 2025 and vested at the 2026 annual meeting (F3); other RSUs referenced may vest on the 2027 annual meeting (F5).

Context

These entries reflect compensation-related RSU vesting/conversion and partial cash settlement for taxes rather than an independent open-market sale to a third party. When RSUs vest, companies commonly withhold or cash-settle some shares to cover tax obligations; that appears to be the case here.

Form 4

Period: 2026-06-09

Director

Transactions

Exercise/Conversion
Common Stock, par value $.0001 per share
[F1]
2026-06-09+24,116→ 54,773 total
Disposition to Issuer
Common Stock, par value $.0001 per share
[F2]
2026-06-09$4.39/sh−7,235$31,762→ 47,538 total
Exercise/Conversion
Restricted Stock Units
[F1][F3]
2026-06-09−24,116→ 0 total
→ Common Stock, par value $.0001 per share (24,116 underlying)
Award
Restricted Stock Units
[F4][F5]
2026-06-09+34,169→ 34,169 total
→ Common Stock, par value $.0001 per share (34,169 underlying)

Footnotes (5)

[F1]Restricted stock units ("RSUs") represent contingent rights to receive common stock of SIGA Technologies, Inc. (the "Company") on a one-for-one basis.
[F2]Reflects RSUs that were cash-settled, per the terms of the compensation program for Board Directors and as noted on the Form 4 filed on June 11, 2025. Partial cash-settlement of RSUs under the Board compensation program is designed to address tax obligations in connection with the vesting of RSUs.
[F3]The RSUs were granted on June 10, 2025, and fully vested on the date of the Company's 2026 annual meeting of stockholders.
[F4]RSUs represent contingent rights to receive common stock of the Company on a one-for-one basis, of which up to 10,251 RSUs are expected to settle in cash value thereof but may be settled in shares at the discretion of the Board of Directors.
[F5]The RSUs fully vest on the date of the Company's 2027 annual meeting of stockholders.

Signature

/s/ Kevin Buckley, as Attorney-in-Fact|2026-06-10

1 file