Saia’s Anthony R. Norwood has 155 shares withheld for tax

The reported stock options were granted under the long-term incentive program, with one-third vesting each year on the grant-date anniversary.

Available on EDGAR 11/04/2026 - 04:32 PM EST Accepted by SEC EDGAR 11/04/2026 - 04:31 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

SAIA Inc. EVP & CHRO Anthony R. Norwood had 155 common shares withheld on November 2, 2026, at $354.87 per share to cover tax liabilities incurred in connection with the vesting of restricted shares awarded in November 2022. He directly held 4,739 common shares after the withholding. He also reported options covering 530 common shares, with a $287.79 exercise price and a March 2, 2029 expiration.

Insider Trade Summary

Tax Withholding: 155 shares

Tax Withholding 1 txn

Insider Norwood Anthony R

Role EVP & CHRO

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock F1	155	$354.87	$55K
Holding	Stock Options (Right to buy) F2	--	--	--

Holdings After Transaction: Common Stock — 4,739 shares (Direct); Stock Options (Right to buy) — 530 contracts (Direct)

Holdings Before and After: Common Stock, 4,894 to 4,739 shares (Direct)

Footnotes (2)

1. F1. Shares withheld at officer's election to cover tax liabilities incurred in connection with the vesting of restricted shares awarded in November 2022.
2. F2. Stock Options granted as part of the long-term incentive program approved by the Compensation Committee. One-third of the award vests each year on the anniversary of the grant date.

Key Figures

Shares withheld for tax liabilities: 155 shares Reported price per share: $354.87 per share Common shares held after transaction: 4,739 shares +3 more

6 metrics

Shares withheld for tax liabilities 155 shares November 2, 2026

Reported price per share $354.87 per share Shares withheld on November 2, 2026

Common shares held after transaction 4,739 shares Direct holdings

Options covering common shares 530 shares Direct option holding

Option exercise price $287.79 per share Options covering 530 common shares

Option expiration date March 2, 2029 Options covering 530 common shares

Key Terms

vesting of restricted shares, long-term incentive program, vests each year, exercise price

4 terms

vesting of restricted shares financial

"in connection with the vesting of restricted shares awarded in November 2022"

long-term incentive program financial

"Stock Options granted as part of the long-term incentive program"

A long-term incentive program is a company plan that pays executives or employees rewards—often stock, options, or cash—only if the business hits performance goals over several years. It matters to investors because these payouts align managers’ interests with shareholders, encouraging decisions that boost sustained growth and share value rather than short-term gains; think of it as a multi-year bonus tied to measurable company outcomes.

vests each year financial

"One-third of the award vests each year on the anniversary of the grant date"

exercise price financial

"Stock options with a $287.79 exercise price"

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many SAIA shares did Anthony R. Norwood have withheld, and at what price?

Anthony R. Norwood had 155 shares withheld at $354.87 per share on November 2, 2026, to cover tax liabilities connected with vesting restricted shares awarded in November 2022; he directly held 4,739 common shares afterward. No Rule 10b5-1 plan is reported.

What is the vesting schedule for Anthony R. Norwood’s SAIA stock options?

The options were granted as part of the long-term incentive program approved by the Compensation Committee. One-third of the award vests each year on the anniversary of the grant date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Norwood Anthony R

(Last) (First) (Middle)

11465 JOHNS CREEK PARKWAY

SUITE 400

(Street)

JOHNS CREEK GEORGIA 30097

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
SAIA INC [ SAIA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & CHRO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/02/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	11/02/2026		F		155(1)	D	$354.87	4,739	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options (Right to buy)	$287.79							(2)	03/02/2029	Common Stock	530		530	D

Explanation of Responses:

1. Shares withheld at officer's election to cover tax liabilities incurred in connection with the vesting of restricted shares awarded in November 2022.

2. Stock Options granted as part of the long-term incentive program approved by the Compensation Committee. One-third of the award vests each year on the anniversary of the grant date.

Remarks:

	/s/ Kelly W. Benton	11/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)