SIGA Technologies (SIGA) director exercises RSUs and disposes shares to issuer
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.
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- None.
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Insider Trade Summary
| 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 |
Footnotes (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.