Every Form 4 that Saia, Inc. (SAIA) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow SAIA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SAIA filings page.
Saia Inc executive Anthony R. Norwood reported an open-market sale of company stock. As EVP & CHRO, he sold 292 shares of Saia common stock at a price of $468.7700 per share. After this transaction, he directly owns 4,894 Saia shares.
Norwood also holds stock options to acquire 530 shares of Saia common stock at an exercise price of $287.7900 per share, expiring on March 2, 2029. These options were granted under a long-term incentive program, with one-third of the award vesting each year on the anniversary of the grant date.
Saia, Inc. President & CEO Frederick J. Holzgrefe III reported an internal restructuring of his indirect holdings in company stock. A related LLC holding 10,000 shares of common stock transferred a 98% non‑voting interest to the Holzgrefe 2025 Family Trust as part of an estate planning strategy, in exchange for a promissory note. This change shifts how the shares are held rather than reflecting an open‑market trade.
Following these updates, Holzgrefe is shown with 12,743 shares of common stock held directly and 7,240.255 phantom stock units, which are payable in Saia common stock upon his termination of employment under the company plan.
Saia, Inc. President & CEO Frederick J. Holzgrefe III reported estate-planning moves involving company stock. On May 11, 2026, he made two bona fide gift transfers totaling 20,000 shares of Saia common stock, rather than selling shares in the market.
Footnotes state that 10,000 directly owned shares were contributed to TCCE Global, LLC, an entity he manages with his wife. After these gifts, he reports 12,743 common shares held directly and 10,000 shares held indirectly via the LLC. He also holds 7,240.255 phantom stock units, which are payable in common stock upon his termination of employment under the plan terms.
WARD JEFFREY C reported acquisition or exercise transactions in this Form 4 filing.
Saia Inc. director Jeffrey C. Ward reported an award of phantom stock units. On this Form 4, he received 642 phantom stock units, bringing his phantom stock balance to 57,976 units. Separately, he directly holds 7,079 shares of Saia common stock.
The phantom stock becomes payable in Saia common stock when his service as a director ends, aligning part of his compensation with long-term shareholder value.
Melville Randolph W reported acquisition or exercise transactions in this Form 4 filing.
SAIA INC director Melville Randolph W reported receiving a grant of 395 shares of phantom stock on May 4, 2026. These phantom stock shares become payable in the company’s common stock when his service as a director ends. Following this award, he holds 23,298 phantom stock shares directly.
HENRY KEVIN A reported acquisition or exercise transactions in this Form 4 filing.
Saia Inc. director Kevin A. Henry received a grant of 623 phantom stock units tied to the company’s common stock. These phantom stock units are bookkeeping entries that mirror the value of common shares rather than immediate stock ownership.
After this award, Henry holds a total of 3,725 phantom stock units. According to the disclosure, the phantom stock becomes payable in Saia common stock when his service as a director ends, aligning his long-term compensation with shareholder interests over his board tenure.
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.
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.
Saia Inc. director Susan F. Ward reported a new stock grant. She received 395 shares of Common Stock in a grant, award, or other acquisition, bringing her direct Common Stock holdings to 1,393 shares after the transaction.
Ward also holds phantom stock units tied to 2,104 underlying shares of Common Stock. According to the disclosure, these phantom stock units become payable in the company’s common stock when she terminates her service as a director.
Saia Inc director Richard D. Odell reported receiving 395 shares of Saia common stock as a stock award on May 4, 2026. The shares were acquired at a stated price of $0.00 per share, indicating a grant rather than an open-market purchase. Following this award, Odell directly holds 3,303 shares of Saia common stock.
James Donald R reported acquisition or exercise transactions in this Form 4 filing.
Director James Donald R of Saia Inc received a grant of 395 shares of common stock on May 4, 2026. The award was recorded at $0.00 per share, indicating it is a compensation-related grant rather than a market purchase. Following this grant, he directly holds 2,083 shares of Saia common stock.
SAIA INC director Di-Ann Eisnor received a grant of 660 shares of Common Stock on May 4, 2026. The shares were acquired as a grant, award, or other acquisition with a reported price of $0.00 per share, indicating a compensation-related award rather than a market purchase. Following this grant, Eisnor directly holds a total of 5,872 shares of SAIA common stock.
Saia Inc. executive Patrick D. Sugar reported a routine tax-related share disposition. On March 9, 2026, 204 shares of common stock were withheld at his election at $368.78 per share to cover tax liabilities tied to the vesting of restricted shares granted in March 2021. After this withholding, he directly holds 8,917 shares of common stock. He also holds phantom stock units that will be settled in Saia common stock upon the end of his employment, in line with the company’s plan terms.
Saia Inc. director Di-Ann Eisnor sold 500 shares of common stock in an open-market transaction. The sale on February 17, 2026 was executed at a weighted average price of $389.88 per share, based on multiple trades between $386.99 and $390.00. After this sale, Eisnor directly owns 5,212 Saia shares.
Saia Inc. President & CEO Frederick J. Holzgrefe III reported several equity transactions. On February 12, 2026, he acquired 6,594 shares of common stock as a restricted stock award at $0.00, increasing his direct holdings to 27,518 shares. One-third of this restricted award vests each year on the grant anniversary.
On February 13, 2026, he executed an open-market sale of 4,775 common shares at a weighted average price of $388.8032, leaving 22,743 directly owned shares. The sale price reflects multiple trades between $388.005 and $389.630. He also reported a transaction in 104.741 phantom stock units valued at $461.53 per unit, tied to a conversion rate that results in 8,350.974 underlying common shares. These phantom shares become payable in Saia common stock upon his termination of employment, under the company plan.
Saia Inc.’s Chief Financial Officer Matthew J. Batteh reported multiple equity transactions and awards. On February 12, 2026, he received 1,658 shares of common stock at $0.00 as restricted stock under a long‑term incentive plan, bringing his holdings to 5,360 shares. That same day, he exercised 1,110 stock options at an exercise price of $100.20 per share and acquired an equal number of common shares, then sold 1,110 shares in an open‑market transaction at an average price of $375.7094, leaving 5,360 shares outstanding.
On February 13, 2026, he made additional open‑market sales of 766 shares at $388.9401 and 150 shares at a weighted average of $389.504, reducing his directly held common stock to 4,444 shares. He also holds phantom stock units equivalent to 278.69 shares and stock options for 470 and 500 shares expiring in 2029 and 2028, respectively, which continue to vest annually under the company’s long‑term incentive program.
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.
Saia Inc. executive Kelly W. Benton reported two transactions in company stock. On February 12, 2026, Benton received a grant of 498 shares of common stock at $0.00 as restricted shares under a long-term incentive program, increasing direct holdings to 3,957 shares. One-third of this restricted stock vests each year on the grant anniversary.
On February 13, 2026, Benton executed an open-market sale of 800 common shares at $389 per share, leaving 3,157 shares of common stock held directly. Benton also holds 100.069 units of phantom stock, which convert at a rate that on February 12, 2026 equated to 115.419 shares of common stock and become payable in stock upon termination of employment under the plan.
SAIA executive vice president of operations Patrick D. Sugar reported both a stock grant and a share sale. On February 12, 2026, he acquired 2,085 shares of common stock at $0.00 as a restricted share award under the long-term incentive program, which vests in thirds annually. On February 13, 2026, he sold 2,706 shares of common stock in an open-market transaction at $386.7401 per share, leaving him with 9,121 common shares held directly. He also holds 1,115.837 phantom stock units, which are payable in common stock upon termination of employment under the plan.
Saia Inc. executive Norwood Anthony R, EVP & CHRO, reported an equity grant. On 02/12/2026, he acquired 1,015 shares of Saia common stock as a grant at a price of $0.00 per share, bringing his directly held common shares to 5,186.
He also reported stock options covering 530 shares of common stock with a $287.79 exercise price, expiring on 03/02/2029. Both the restricted shares and options were granted under the long-term incentive program, with one‑third of each award vesting annually on the grant date anniversary.
Saia executive Raymond R. Ramu reported multiple equity transactions. On February 12, 2026, he acquired 2,299 shares of common stock as a restricted stock grant at $0.00 per share under the company’s long-term incentive program, with one-third vesting each year on the grant anniversary.
On February 13, 2026, he completed two open-market sales of Saia common stock: 3,709 shares at a weighted average price of $387.7345, and 1,517 shares at a weighted average price of $388.4764. Following these sales, he directly held 3,631 shares of common stock. He also held 8,494.794 phantom stock units, which, at a conversion rate of 1.1534 as of February 12, 2026, correspond to 9,797.849 shares of common stock and become payable in stock upon termination of employment.
SAIA Inc.'s EVP Operations Patrick D. Sugar reported equity compensation activity and related tax withholdings. On February 9, 2026, he was issued 3,101 shares of common stock as Performance Unit Awards under the 2018 Omnibus Incentive Plan for the 1/1/23–12/31/25 performance period.
To cover tax liabilities, shares were withheld at his election: 95 shares at $415.46 on February 6, 2026 and 167 and 1,233 shares at $409.60 on February 9, 2026 in connection with vesting or issuance of restricted and performance-based shares. After these transactions, he directly owned 9,742 common shares.
He also held 1,115.837 phantom stock units, which become payable in SAIA common stock upon termination of employment, with a disclosed conversion rate on February 6, 2026 of 1.1534, resulting in 1,286.973 underlying common shares.
Saia Inc. executive Raymond R. Ramu reported equity compensation activity and related tax withholding. On February 9, 2026, he acquired 3,602 shares of common stock at $0.00 per share as performance unit awards under the 2018 Omnibus Incentive Plan. On February 6 and February 9, shares totaling 1,794 were withheld at his election at prices between $409.60 and $415.46 to cover tax liabilities from vesting restricted shares and the performance awards. After these transactions he directly owned 6,558 common shares, and separately held 8,494.794 phantom stock units, payable in Saia common stock upon termination of employment under the plan.
Saia Inc. EVP & CHRO R. Anthony Norwood reported routine equity compensation transactions. On 02/09/2026, he received 898 shares of Common Stock as Performance Unit Awards under the 2018 Omnibus Incentive Plan for the 1/1/23–12/31/25 performance period.
On 02/06/2026 and 02/09/2026, a total of 341 shares of Common Stock were withheld at his election to cover tax liabilities related to vesting of restricted shares and issuance of performance units, at prices of $415.46 and $409.60 per share. After these transactions, he directly owned 4,171 Common shares.
The filing also notes 530 stock options with an exercise price of $287.79 expiring on 03/02/2029, granted under a long‑term incentive program where one‑third of the award vests each year on the grant anniversary.
Saia Inc. VP & CAO Kelly W. Benton reported several equity transactions involving company common stock. On February 9, 2026, Benton received 689 shares of common stock at $0.00 per share as Performance Unit Awards under the 2018 Omnibus Incentive Plan for the 1/1/23–12/31/25 performance period.
To cover tax liabilities tied to vesting and award issuance, Benton had 35 shares withheld at $415.46 on February 6, 2026, and 44 and 204 shares withheld at $409.60 on February 9, 2026. After these transactions, Benton directly owned 3,459 shares of Saia common stock and 100.069 phantom stock units, which correspond to 115.417 shares of common stock and are payable in stock upon termination of employment.
Saia Inc. Chief Financial Officer Matthew J. Batteh reported equity compensation activity and related tax withholdings. On February 9, 2026, he acquired 757 shares of common stock at $0.00 per share as a performance unit award under the 2018 Omnibus Incentive Plan.
To cover tax liabilities tied to vesting of restricted shares and the performance award, the company withheld 25 shares at $415.46 on February 6 and 224 shares and 41 shares at $409.60 on February 9. After these transactions, he directly owned 3,702 common shares, plus 278.69 phantom stock units and stock options for 470, 500, and 1,110 shares with exercise prices of $277.86, $200.81, and $100.20 expiring in 2029, 2028, and 2027.
Saia Inc.'s President & CEO Frederick J. Holzgrefe III reported several equity compensation-related transactions in company stock. On February 9, 2026, he acquired 8,611 shares of common stock at $0.00, representing performance unit awards issued under Saia's 2018 Omnibus Incentive Plan for the 1/1/23–12/31/25 performance period.
To cover tax liabilities from these awards and prior restricted share vestings, shares were withheld: 358 shares on February 6, 2026 at $415.46, and 698 and 3,836 shares on February 9, 2026 at $409.60 per share. After these transactions, he directly owned 20,924 common shares. He also held 7,135.514 phantom stock units, which are payable in common stock upon termination of employment, with a stated conversion rate on February 6, 2026 of 1.1534, corresponding to 8,229.889 underlying common shares.
SAIA Inc. executive Raymond R. Ramu reported a routine tax-related share withholding and his current equity holdings. On February 5, 2026, 152 shares of SAIA common stock were withheld at a price of $404.745 per share to cover tax liabilities from vesting restricted shares.
After this transaction, he beneficially owned 4,750 shares of common stock directly. He also held 8,494.794 units of phantom stock, which on February 5, 2026 had a conversion rate of 1.1534, corresponding to 9,797.609 shares of common stock. The phantom stock becomes payable in common stock when his employment terminates, under the company’s plan terms.
Saia Inc.’s President & CEO Frederick J. Holzgrefe III reported a tax-related share withholding. On February 5, 2026, 440 shares of common stock were withheld at his election to cover tax liabilities from the vesting of restricted shares at $404.745 per share.
After this withholding, he beneficially owned 17,205 shares of common stock directly. He also held 7,135.514 shares of phantom stock, which on February 5, 2026 had a conversion rate of 1.1534, representing 8,229.861 shares of common stock payable in stock upon termination of his employment under the plan.
Saia Inc.'s chief financial officer Matthew J. Batteh reported an insider transaction involving company common stock. On February 5, 2026, 91 shares of common stock were withheld at his election to cover tax liabilities from the vesting of restricted shares awarded in February 2025 at a price of $404.745 per share. After this withholding, he directly beneficially owns 3,235 shares of Saia common stock.
He also reports derivative holdings, including 278.69 units of phantom stock, which become payable in common stock upon termination of employment, and stock options to purchase 470 shares at $277.86 expiring February 7, 2029, 500 shares at $200.81 expiring February 11, 2028, and 1,110 shares at $100.20 expiring February 6, 2027, with one-third of each option award vesting annually on the grant-date anniversary.
SAIA Inc.'s EVP of Operations, Patrick D. Sugar, reported a routine tax-related share withholding and updated equity holdings. On February 5, 2026, 137 shares of common stock were withheld at his election to cover tax liabilities tied to restricted shares, at $404.745 per share, leaving him with 8,136 common shares beneficially owned directly.
He also reported holding 1,115.837 units of phantom stock, which are payable in common stock upon termination of employment under the company plan. A conversion rate of 1.1534 on that date corresponds to 1,286.969 underlying common shares, highlighting an additional layer of equity-linked compensation.
Saia Inc.'s VP & CAO, Kelly W. Benton, reported a small tax-related share withholding and updated equity holdings. On February 5, 2026, 38 shares of Saia common stock were withheld at Benton's election to cover tax liabilities tied to the vesting of restricted shares awarded in February 2025, at a price of $404.745 per share. After this, Benton beneficially owned 3,053 shares of common stock directly.
The filing also reports 100.069 units of phantom stock, a derivative tied to Saia common shares. The stated conversion rate on February 5, 2026 was 1.1534, corresponding to 115.416 shares of common stock as the underlying security. These phantom stock units become payable in Saia common stock upon Benton’s termination of service as an employee, in line with the plan’s terms.
Saia Inc. EVP & CHRO R. Anthony Norwood reported a small share withholding tied to equity compensation. On February 5, 2026, 61 shares of common stock were withheld at a price of $404.745 per share to cover tax liabilities on vested restricted shares, leaving 3,614 common shares held directly. The filing also shows a holding of 530 stock options with a $287.79 exercise price expiring on March 2, 2029, which vest in three equal annual installments under Saia’s long-term incentive program.
SAIA Inc.'s Executive Vice President & Chief Customer Officer reported routine changes in equity holdings. On 11/18/2025, the executive sold 1,000 shares of SAIA common stock at $266.57 per share, and held 4,902 shares directly afterward.
The filing also reports activity in phantom stock, a form of deferred equity. On the same date, the derivative position reflected 434.393 phantom stock units tied to a conversion rate of 1.1600, corresponding to 9,853.656 shares of common stock. The price of this derivative security is listed as $317.91, with 8,494.794 phantom stock units beneficially owned after the transaction. These phantom shares become payable in SAIA common stock when the executive’s employment ends, in line with the plan’s terms.
SAIA Inc reported an insider transaction on a Form 4. The company’s EVP and CIO acquired 1,405 shares of common stock on 11/03/2025 at $0.00 per share through a restricted stock grant under the long‑term incentive program approved by the Compensation Committee. The award vests 25% in year three, 25% in year four, and 50% in year five. After this grant, the officer beneficially owned 1,405 shares, held directly.
SAIA Inc. disclosed an insider equity update by its EVP & CHRO. On 11/02/2025, 155 shares of common stock were withheld (code F) to cover taxes from the vesting of restricted shares awarded in November 2022 at a reported price of $292.5 per share. Following this, the officer directly owned 3,675 common shares.
The filing also reports stock options for 530 shares with an exercise price of $287.79, expiring on 03/02/2029. Per the plan, one-third vests each year on the anniversary of the grant date.
SAIA Inc reported an insider transaction by its VP & CAO on a Form 4. On 11/02/2025, the officer had 196 shares of common stock withheld (transaction code F) at $292.50 per share to cover taxes from the vesting of restricted shares awarded in November 2022. Following this, the officer beneficially owns 4,091 common shares directly.
The filing also lists 100.069 phantom stock units, with a conversion rate on November 2, 2025 of 1.1599, reflecting 116.066 underlying common shares. These phantom shares are payable in company stock upon the officer’s termination of service, in accordance with the plan terms.