---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-042810"
form_type: "8-K"
ticker: "SIGA"
cik: "0001010086"
company_name: "SIGA TECHNOLOGIES INC"
filed_at: "2023-09-06T23:59:59+00:00"
generated_at: "2026-06-10T23:12:04.914064+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# SIGA appoints Dr. Jay K. Varma as EVP and Chief Medical Officer

## Summary
- Dr. Varma appointed EVP and CMO, effective Sept 6, 2023; continues as board member.
- Annual base salary $750,000; guaranteed bonus of $750,000 for 2023 (pro-rated) and 2024.
- Initial term through Dec 31, 2024, with automatic one-year renewals unless notice given.
- Severance includes base salary continuation, pro-rata bonus, 12-month COBRA, and accelerated equity vesting on qualifying termination.
- Dr. Varma previously served on board since Nov 2022; former professor at Weill Cornell and CDC role in NYC COVID response.

## SEC filing metadata
- accession: 0001140361-23-042810
- form_type: 8-K
- ticker: SIGA
- cik: 0001010086
- company_name: SIGA TECHNOLOGIES INC
- filed_at: 2023-09-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1010086/000114036123042810/0001140361-23-042810-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1010086/000114036123042810/brhc20058500_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-042810
- JSON: https://secwatch.observer/filing/0001140361-23-042810.json
- Plain text: https://secwatch.observer/filing/0001140361-23-042810.txt

## Key facts
- Executive change
  Dr. Jay K. Varma was appointed as Executive Vice President and Chief Medical Officer at SIGA TECHNOLOGIES INC.
  - Action: appointed
  - Role: Executive Vice President and Chief Medical Officer
  source text: On September 6, 2023, SIGA Technologies, Inc. (the “Company”) issued a press release announcing the appointment of Dr. Jay K. Varma as Executive Vice President and Chief Medical Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1010086/000114036123042810/0001140361-23-042810-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.