Corporate GovernanceJun 10, 2026, 04:12 PM
SIGA Technologies Stock Plan Shares Increase to 15M
AI Summary
SIGA Technologies, Inc. held its 2026 Annual Meeting of Stockholders on June 9, 2026, where several key proposals were approved. Stockholders voted to amend the 2010 Stock Incentive Plan, increasing the aggregate number of shares authorized for issuance by 6,500,000, bringing the total to 15,000,000 shares. Additionally, stockholders elected eight director nominees, ratified PricewaterhouseCoopers LLP as the independent auditor for 2026, and approved a non-binding advisory resolution on executive compensation.
Key Highlights
- Stockholders approved an amendment to the 2010 Stock Incentive Plan.
- Authorized shares for issuance under the plan increased by 6,500,000 shares.
- Total authorized shares for the plan are now 15,000,000, up from 8,500,000.
- Eight director nominees were elected to hold office for one-year terms.
- PricewaterhouseCoopers LLP was ratified as the independent auditor for 2026.
- A non-binding advisory resolution on named executive officer compensation was approved.
- 62,436,105 shares, or 87.05% of outstanding common stock, were represented at the meeting.
Price Impact
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