Saia (NASDAQ: SAIA) director granted 395 phantom stock units in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EPPS DONNA E reported acquisition or exercise transactions in this Form 4 filing.
SAIA INC director Donna E. Epps reported updated equity holdings, including a new phantom stock grant. She received 395 shares of phantom stock tied to SAIA common stock, bringing her phantom stock balance to 943 shares. The phantom stock becomes payable in company common stock when her service as a director ends. She also reported holding 1,852 shares of SAIA common stock directly after the reported date.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
EPPS DONNA E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 395 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Phantom Stock — 943 shares (Direct, null);
Common Stock — 1,852 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Phantom stock grant: 395 shares
Phantom stock balance: 943 shares
Common stock holdings: 1,852 shares
+1 more
4 metrics
Phantom stock grant
395 shares
Grant/award acquisition on 2026-05-04
Phantom stock balance
943 shares
Total phantom stock following transaction
Common stock holdings
1,852 shares
Direct SAIA common stock held after transaction
Phantom stock price per share
$0.0000
Reported transaction price per phantom stock share
Key Terms
Phantom Stock, Form 4, Grant, award, or other 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"
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, or other acquisition financial
"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
What did SAIA (SAIA) director Donna E. Epps report in this Form 4?
Donna E. Epps reported an equity update, including a grant of 395 phantom stock shares and direct ownership of 1,852 SAIA common shares. Her phantom stock balance increased to 943 shares, all tied to the company’s common stock.
What is Donna E. Epps’ total phantom stock balance at SAIA (SAIA) after this filing?
After the reported grant, Donna E. Epps holds 943 phantom stock shares. Each phantom share is tied to SAIA common stock and is structured to be payable in common stock upon her termination of service as a director, as disclosed.
When does the SAIA (SAIA) phantom stock granted to Donna E. Epps become payable?
The phantom stock becomes payable in SAIA common stock when Donna E. Epps’ service as a director ends. The footnote specifies that payment occurs upon her termination of service as a director, linking the benefit’s timing to that event.