---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-041654"
form_type: "8-K"
ticker: "SIGA"
cik: "0001010086"
company_name: "SIGA TECHNOLOGIES INC"
filed_at: "2024-09-23T23:59:59+00:00"
generated_at: "2026-05-31T02:14:34.381542+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# SIGA Technologies terminates EVP and CMO Dr. Jay Varma effective immediately

## Summary
- Dr. Jay Varma terminated as EVP and Chief Medical Officer on September 23, 2024.
- Termination was other than for cause, effective immediately.
- His service on the Board of Directors automatically ended.
- No replacement for Dr. Varma has been announced.

## SEC filing metadata
- accession: 0001140361-24-041654
- form_type: 8-K
- ticker: SIGA
- cik: 0001010086
- company_name: SIGA TECHNOLOGIES INC
- filed_at: 2024-09-23T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1010086/000114036124041654/0001140361-24-041654-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1010086/000114036124041654/ef20036174_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-041654
- JSON: https://secwatch.observer/filing/0001140361-24-041654.json
- Plain text: https://secwatch.observer/filing/0001140361-24-041654.txt

## Key facts
- Executive change
  Dr. Jay Varma departed as Director at SIGA TECHNOLOGIES INC.
  - Action: automatically ended
  - Role: Director
  source text: Pursuant to the terms of his employment agreement, Dr. Varma’s service on the Company’s Board of Directors also automatically ended effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1010086/000114036124041654/0001140361-24-041654-index.htm
- Executive change
  Dr. Jay Varma was terminated as Executive Vice President and Chief Medical Officer at SIGA TECHNOLOGIES INC.
  - Action: terminated
  - Role: Executive Vice President and Chief Medical Officer
  source text: On September 23, 2024, the Board of Directors of SIGA Technologies, Inc. (the “Company”) terminated Dr. Jay Varma, effective immediately, other than for cause, from his position as Executive Vice President and Chief Medical Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1010086/000114036124041654/0001140361-24-041654-index.htm

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