leadership
confidence high
sentiment neutral
materiality 0.55
SIGA shifts CFO and CSO comp to equity-heavy mix; bonus targets cut from 100% to 50% of salary by 2026
SIGA TECHNOLOGIES INC
- CFO Luckshire and CSO Hruby target annual bonus drops to 75% of base salary in 2025, then 50% from 2026 onward.
- Equity grants rise to 50% of base salary in 2025, 75% in 2026, then 100% from 2027 onward.
- Luckshire gets enhanced change-of-control severance: 2x (base + target bonus) plus 18 months COBRA.
- Amendments effective October 1, 2024; 2024 annual bonus target remains at 100% of base salary.
- Changes aim to better align officer incentives with long-term stockholder interests.