SIGA Technologies counsel reports RSU vesting, tax withholding
SIGA Technologies General Counsel Larry R. Miller reported routine equity compensation activity.
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Rhea-AI Filing Summary
SIGA Technologies General Counsel Larry R. Miller reported routine equity compensation activity. On March 25, 2026, one-third of previously granted restricted stock units vested, resulting in the acquisition of 6,920 shares of common stock. To cover tax obligations, 3,526 shares were withheld by the company, leaving Miller with 51,912 common shares held directly after these transactions. The RSUs vest in three equal annual installments from the original March 25, 2024 grant date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,920 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $.0001 per share | 6,920 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $.0001 per share | 3,526 | $4.99 | $18K |
Footnotes (3)
- F1. Represents the acquisition of Common Stock from the vesting of one-third of the restricted stock units ("RSUs") granted on March 25, 2024.
- F2. Represents the withholding by the Issuer of shares of Common Stock (based on $4.99 per share, the closing stock price on March 25, 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SIGA (SIGA) report for Larry R. Miller?
How do SIGA (SIGA) restricted stock units vest for Larry R. Miller?
Was the SIGA (SIGA) Form 4 a market buy or sell by Larry R. Miller?
AI-generated analysis. How Rhea-AI works. Not financial advice.