SIGA Technologies (SIGA) General Counsel gets RSUs, pays taxes in shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SIGA Technologies General Counsel Larry R. Miller reported routine equity compensation activity. On March 13, 2026, 21,261 restricted stock units vested and were settled into the same number of common shares. To cover associated tax obligations, the company withheld 11,187 shares at $5.26 per share. Miller also received a new grant of 68,060 restricted stock units, which vest in three equal annual installments from the grant date. Following these transactions, he directly holds 48,518 shares of common stock and has 68,060 restricted stock units outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary
21,261 shares exercised/converted
Mixed
4 txns
Insider
Miller Larry R.
Role
General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 21,261 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 68,060 | $0.00 | -- |
| Exercise | Common Stock, par value $.0001 per share | 21,261 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $.0001 per share | 11,187 | $5.26 | $59K |
Holdings After Transaction:
Restricted Stock Units — 42,523 shares (Direct);
Common Stock, par value $.0001 per share — 59,705 shares (Direct)
Footnotes (1)
- Represents the acquisition of Common Stock from the vesting of one-third of the restricted stock units ("RSUs") granted on March 13, 2025. 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. 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
What insider transaction did SIGA (SIGA) report for Larry R. Miller?
Larry R. Miller reported routine equity compensation activity. RSUs vested into 21,261 common shares, some shares were withheld for taxes, and he received a new grant of 68,060 restricted stock units, all recorded as of March 13, 2026.
How were taxes handled on Larry R. Miller’s SIGA RSU vesting?
Taxes were satisfied via share withholding. SIGA withheld 11,187 common shares, valued at $5.26 per share based on the March 13, 2026 closing price, to cover tax withholding obligations tied to the RSU vesting and share issuance.
What new SIGA restricted stock unit grant did Larry R. Miller receive?
Miller received a grant of 68,060 new restricted stock units. These RSUs are contingent rights to receive common stock on a one-for-one basis and vest over three years, with one-third vesting on each of the first three anniversaries of the grant date.
Are Larry R. Miller’s SIGA transactions open-market buys or sales?
No open-market buys or sales were reported. The filing shows RSU vesting, a tax-withholding share disposition, and a new RSU grant. These are compensation and tax events rather than discretionary market purchases or sales.