Saia (NASDAQ: SAIA) insider plans Rule 144 sale of 5,226 shares
Rhea-AI Filing Summary
Saia insider Raymond R. Ramu has filed a notice of proposed sale of 5,226 shares of Saia common stock under Rule 144. The shares are expected to be sold through Morgan Stanley Smith Barney LLC on NASDAQ, with an approximate sale date of 02/13/2026 and an aggregate market value of $2,027,425.65. The shares to be sold were acquired from the issuer as restricted stock and performance shares on various dates in 2025 and 2026. The filer also reported a prior sale of 1,000 common shares on 11/18/2025 for gross proceeds of $266,570. By signing the notice, the seller represents that he is not aware of undisclosed material adverse information about Saia’s current or prospective operations.
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FAQ
What does Saia (SAIA) insider Raymond R. Ramu’s Form 144 filing disclose?
The filing discloses that Raymond R. Ramu plans to sell 5,226 Saia common shares under Rule 144. The planned NASDAQ sale, routed through Morgan Stanley Smith Barney LLC, has an aggregate market value of $2,027,425.65 and is approximately dated 02/13/2026.
What recent Saia (SAIA) stock sales has the insider already completed?
The insider previously sold 1,000 Saia common shares on 11/18/2025 for $266,570 in gross proceeds. This past transaction is separately disclosed as required, covering sales during the prior three months from the date of the new Rule 144 notice.
What representation does the Saia (SAIA) insider make in the Form 144 notice?
By signing the notice, the insider represents that he does not know any material adverse information about Saia’s current or prospective operations that has not been publicly disclosed. The form also warns that intentional misstatements or omissions can constitute federal criminal violations.