SAIA EVP & CIO receives 425-share stock grant
SAIA Inc. executive Tarak Patel reported receiving a stock grant under the company’s long-term incentive program.
Rhea-AI Filing Summary
SAIA Inc. executive Tarak Patel reported receiving a stock grant under the company’s long-term incentive program. On 02/12/2026, he acquired 425 shares of SAIA common stock at a stated price of $0.00 per share, reflecting a restricted stock award approved by the Compensation Committee. These restricted shares vest in three equal installments on each anniversary of the grant date, aligning compensation with longer-term company performance. Following this award, Patel directly beneficially owned a total of 1,830 shares of SAIA common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 425 | $0.00 | $0.00 |
Footnotes (1)
- F1. Restricted shares granted as part of the long-term incentive program approved by the Compensation Committee. One-third of the restricted stock award vests each year on the anniversary of the grant date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SAIA (SAIA) report for Tarak Patel?
Was the SAIA (SAIA) Form 4 transaction a stock purchase or a grant?
What role does Tarak Patel hold at SAIA (SAIA) in this Form 4 filing?
What transaction code appears in the SAIA (SAIA) Form 4 for Tarak Patel?
AI-generated analysis. How Rhea-AI works. Not financial advice.