Saia director granted 395 phantom stock units
GAINOR JOHN P JR reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
GAINOR JOHN P JR reported acquisition or exercise transactions in this Form 4 filing.
Saia Inc director John P. Gainor Jr. reported an equity-based compensation award rather than an open-market trade. On May 4, 2026, he received a grant of 395 units of phantom stock, bringing his phantom stock balance to 18,806 units.
The phantom stock units are payable in Saia common stock upon his termination of service as a director, aligning value with the company’s share price over time. He also reports direct ownership of 1,282 shares of Saia common stock following the reported transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 395 shares
Grant/Award
2 txns
Insider
GAINOR JOHN P JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 395 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Phantom Stock — 18,806 contracts (Direct);
Common Stock — 1,282 shares (Direct)
Footnotes (1)
- F1. The shares of phantom stock become payable in the Company's common stock upon reporting person's termination of service as a Director.
Key Figures
Phantom stock units granted: 395 units
Total phantom stock after grant: 18,806 units
Common shares held directly: 1,282 shares
3 metrics
Phantom stock units granted
395 units
Grant to director on May 4, 2026
Total phantom stock after grant
18,806 units
Director’s phantom stock balance following transaction
Common shares held directly
1,282 shares
Director’s direct Saia common stock holding after transactions
Key Terms
Phantom Stock, Form 4, grant/award acquisition, termination of service as a Director
4 terms
Phantom Stock financial
"The shares of phantom stock become payable in the Company's common stock upon reporting person's termination of service as a Director."
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
Form 4 regulatory
"INSIDER FILING DATA (Form 4): { "issuerName": "SAIA INC""
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
grant/award acquisition financial
""transaction_action": "grant/award acquisition", "transaction_code_description": "Grant, award, or other acquisition""
termination of service as a Director financial
"payable in the Company's common stock upon reporting person's termination of service as a Director."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Saia (SAIA) director John P. Gainor Jr. report in this Form 4?
He reported receiving a grant of 395 units of phantom stock as equity-based compensation. After this award, his phantom stock balance totals 18,806 units, and he directly holds 1,282 shares of Saia common stock according to the filing.
How many phantom stock units does Saia (SAIA) director Gainor hold after the grant?
After the reported grant, John P. Gainor Jr. holds 18,806 phantom stock units. The filing shows 395 new units were awarded, increasing his deferred equity-based compensation balance tied to Saia’s common stock performance over time.
When do Saia (SAIA) phantom stock units become payable to the director?
The phantom stock units become payable in Saia common stock upon the director’s termination of service. This means John P. Gainor Jr. receives actual Saia shares later, with value based on the company’s share price at that future payout time.
Does this Saia (SAIA) Form 4 show the director buying or selling stock in the market?
No, the Form 4 reflects an award of 395 phantom stock units, not an open-market purchase or sale. It is a compensation-related grant that increases his deferred stock-based holdings rather than a discretionary market trade.
AI-generated analysis. How Rhea-AI works. Not financial advice.
