STOCK TITAN

SIGA Technologies (SIGA) director exercises RSUs and disposes shares to issuer

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

SIGA Technologies director Harold Eugene Ford Jr. reported several equity compensation moves on June 9, 2026. He disposed of 7,235 shares of common stock back to the issuer at $4.39 per share, a disposition categorized as a return of shares to the company rather than an open-market sale.

On the same date, he exercised derivative awards to acquire 24,116 shares of common stock at a stated price of $0.00 per share, converting previously granted restricted stock units into shares. Following these transactions, he held 47,538 shares of common stock directly.

Ford also received a new grant of 34,169 restricted stock units (RSUs), each representing a contingent right to receive one share of SIGA common stock. According to the footnotes, these RSUs fully vest on the date of the company’s 2027 annual meeting of stockholders, and up to 10,251 RSUs under this award may be settled in cash rather than shares at the board’s discretion.

Positive

  • None.

Negative

  • None.
Insider Ford Harold Eugene Jr.
Role null
Type Security Shares Price Value
Exercise Restricted Stock Units 24,116 $0.00 --
Grant/Award Restricted Stock Units 34,169 $0.00 --
Exercise Common Stock, par value $.0001 per share 24,116 $0.00 --
Disposition Common Stock, par value $.0001 per share 7,235 $4.39 $32K
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock, par value $.0001 per share — 54,773 shares (Direct, null)
Footnotes (1)
  1. Restricted stock units ("RSUs") represent contingent rights to receive common stock of SIGA Technologies, Inc. (the "Company") on a one-for-one basis. 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. The RSUs were granted on June 10, 2025, and fully vested on the date of the Company's 2026 annual meeting of stockholders. 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. The RSUs fully vest on the date of the Company's 2027 annual meeting of stockholders.
Shares disposed to issuer 7,235 shares at $4.39/share Common stock disposition to issuer on June 9, 2026
Shares acquired via exercise 24,116 shares at $0.00/share Exercise or conversion of derivative awards on June 9, 2026
New RSU grant 34,169 RSUs RSU award granted June 9, 2026; vests at 2027 annual meeting
Common shares held after transactions 47,538 shares Direct holdings of SIGA common stock following June 9, 2026 activity
RSUs potentially cash-settled Up to 10,251 RSUs Portion of RSU award expected to settle in cash value at board discretion
Restricted Stock Units financial
"Restricted stock units ("RSUs") represent contingent rights to receive common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Disposition to issuer financial
"transaction_code_description": "Disposition to issuer""
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
cash-settled financial
"Reflects RSUs that were cash-settled, per the terms of the compensation program"
Cash-settled describes a financial contract that is resolved by paying the monetary difference between agreed and actual prices, instead of delivering the underlying asset. For investors, it matters because it simplifies trades—like settling a bet with cash rather than handing over the item—and affects liquidity, tax treatment, and counterparty exposure, since you receive or pay only the value change rather than owning or transferring the actual security or commodity.
contingent rights financial
"RSUs represent contingent rights to receive common stock of the Company"
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Ford Harold Eugene Jr.

(Last)(First)(Middle)
C/O SIGA TECHNOLOGIES, INC.
31 EAST 62ND STREET

(Street)
NEW YORK NEW YORK 10065

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
SIGA TECHNOLOGIES INC [ SIGA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/09/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock, par value $.0001 per share06/09/2026M24,116A(1)54,773D
Common Stock, par value $.0001 per share06/09/2026D(2)7,235D$4.3947,538D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)06/09/2026M24,116 (3) (3)Common Stock, par value $.0001 per share24,116$00D
Restricted Stock Units(4)06/09/2026A34,169 (5) (5)Common Stock, par value $.0001 per share34,169$034,169D
Explanation of Responses:
1. Restricted stock units ("RSUs") represent contingent rights to receive common stock of SIGA Technologies, Inc. (the "Company") on a one-for-one basis.
2. 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.
3. The RSUs were granted on June 10, 2025, and fully vested on the date of the Company's 2026 annual meeting of stockholders.
4. 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.
5. The RSUs fully vest on the date of the Company's 2027 annual meeting of stockholders.
/s/ Kevin Buckley, as Attorney-in-Fact06/10/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did SIGA (SIGA) director Harold Eugene Ford Jr. report?

Harold Eugene Ford Jr. reported a mix of equity transactions involving SIGA common stock and RSUs. He exercised previously granted RSUs into shares, returned some shares to the issuer, and received a new RSU grant, all as part of his director compensation program.

How many SIGA (SIGA) shares did Harold Eugene Ford Jr. dispose of and at what price?

Harold Eugene Ford Jr. disposed of 7,235 shares of SIGA common stock back to the issuer at $4.39 per share. This disposition is categorized as a return of shares to the company, not an open-market sale to third-party investors.

How many SIGA (SIGA) shares did Harold Eugene Ford Jr. acquire through exercises?

He exercised derivative awards to acquire 24,116 shares of SIGA common stock at a stated price of $0.00 per share. These shares came from the conversion of previously granted restricted stock units under the company’s equity compensation program.

What new restricted stock units did Harold Eugene Ford Jr. receive from SIGA (SIGA)?

He received a grant of 34,169 restricted stock units (RSUs), each representing a contingent right to receive one SIGA common share. The RSUs fully vest on the date of the company’s 2027 annual meeting, subject to the terms of the director compensation program.

How many SIGA (SIGA) shares does Harold Eugene Ford Jr. hold after these transactions?

After these transactions, Harold Eugene Ford Jr. directly holds 47,538 shares of SIGA common stock. He also holds 34,169 RSUs that vest at the 2027 annual meeting, which may settle in shares or partly in cash at the board’s discretion.

Can some of Harold Eugene Ford Jr.’s SIGA (SIGA) RSUs be settled in cash?

Yes. Footnotes state that for this RSU award, up to 10,251 RSUs are expected to be settled in cash value, though they may instead be settled in shares, at the Board of Directors’ discretion under the compensation program.