Form 4: SIGA Technologies General Counsel Larry R. Miller Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Larry R. Miller, General Counsel of SIGA Technologies, reports the vesting of restricted stock units and subsequent tax withholding.

Summary

  • On March 25, 2025, Larry R. Miller, General Counsel of SIGA Technologies, engaged in transactions involving SIGA's common stock.
  • Miller acquired 6,920 shares of common stock through the vesting of restricted stock units (RSUs).
  • Simultaneously, 2,764 shares were withheld by SIGA Technologies to satisfy tax obligations related to the RSU vesting at a price of $5.89 per share.
  • Following these transactions, Miller directly owns 35,056 shares of SIGA Technologies common stock and 13,841 restricted stock units.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to executive compensation, and does not inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices involving stock-based compensation.

Stakeholder Impact

  • The transactions have a minor dilutive effect on existing shareholders due to the issuance of new shares upon RSU vesting.

Key Dates

DateDescription
March 25, 2024Date the RSUs were granted, vesting over three years.
March 25, 2025Date of the reported transactions: RSU vesting and tax withholding.
March 26, 2025Date of signature on the Form 4 filing.

Keywords

SIGA Technologies, Larry R. Miller, Form 4, Beneficial Ownership, Restricted Stock Units, Tax Withholding, Common Stock, Insider Trading

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