Welcome to our dedicated page for Saia SEC filings (Ticker: SAIA), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Saia, Inc. (Nasdaq: SAIA) SEC filings page on Stock Titan brings together the company’s regulatory disclosures from the U.S. Securities and Exchange Commission, along with AI-powered tools to help interpret them. Saia operates in the general freight trucking industry and describes itself as a transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, supported by a network of 213 terminals with national service.
For this type of transportation company, core SEC documents such as annual reports on Form 10-K and quarterly reports on Form 10-Q typically contain detailed discussions of LTL operations, terminal network investments, capital expenditures on property and equipment, operating ratios and key LTL metrics like shipments per workday, tonnage per workday and weight per shipment. Saia also frequently files current reports on Form 8-K to announce quarterly results, furnish earnings call transcripts under Regulation FD and provide interim shipment and tonnage data.
On this page, users can review Saia’s 8-K filings that reference earnings releases, operating data updates and forward-looking statement disclosures, as well as other SEC documents that outline risk factors such as economic conditions, competition in the LTL industry, labor and fuel costs, technology and cybersecurity risks, regulatory requirements and financial uncertainties. Stock Titan’s interface is designed to surface these filings in real time as they are posted to EDGAR and to provide AI-generated summaries that explain the main points of lengthy reports in plain language.
Investors can use this resource to quickly locate Saia’s 10-K and 10-Q filings, examine Form 8-K announcements related to results of operations and other events, and track how the company describes its operating environment, strategy and risk profile over time.
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. discussed fourth quarter and full-year 2025 results, highlighting a year of heavy investment and a softer freight backdrop. Q4 2025 revenue was $790.0 million, essentially flat year over year, but the operating ratio worsened to 91.9% from 87.1% as self‑insurance, health benefits and depreciation costs rose. Diluted EPS declined to $1.77 from $2.84.
For full-year 2025, revenue grew 0.8% with operating income of $352.2 million and adjusted operating income of $337.7 million. The operating ratio deteriorated 410 basis points to 89.1% (89.6% adjusted) despite record capital investments of more than $2.0 billion over three years to build a national LTL network and modernize the fleet.
Management emphasized safety and quality gains, including a record cargo claims ratio of 0.50% for the year, a 21% reduction in preventable accident frequency and a 10% decline in lost‑time injuries. Newly opened terminals, 39 since 2022, operated profitably in aggregate and the 21 terminals opened in 2024 are estimated to have added about 80 basis points of revenue market share. Debt fell to roughly $164 million, down from $200 million, and leadership targets 100–200 basis points of operating‑ratio improvement in 2026 as the national network scales and pricing better reflects inflation and prior capital deployment.
SAIA Inc. received an amended Schedule 13G reporting that investment manager Viking Global Investors LP and affiliated funds collectively beneficially own 1,088,582 shares of SAIA common stock, representing 4.1% of the outstanding shares. The position is held through multiple Viking entities, including Viking Global Equities II, Viking Global Equities Master, Viking Long Fund Master and Viking Global Opportunities Liquid Portfolio Sub-Master. None of the Viking entities or individual executives has sole voting or dispositive power; all authority over these shares is shared across the Viking structure. The ownership percentages are based on 26,642,641 SAIA shares outstanding as of October 28, 2025, and the filing confirms the securities are not held to change or influence control of SAIA.
Saia, Inc. shareholder The Di-Ann Eisnor Revocable Trust filed a Rule 144 notice to sell 500 shares of Saia common stock through Wells Fargo Clearing Services on or around February 17, 2026, with an indicated aggregate market value of $194,939.80 on Nasdaq.
These 500 shares were acquired as compensation from the issuer on May 2, 2024. The trust also sold 297 Saia shares in the past three months, generating $100,008.81 in gross proceeds, as disclosed in the same Rule 144 notice.
Saia insider Raymond R. Ramu has filed a notice of proposed sale of 5,226 shares of Saia common stock under Rule 144. The shares are expected to be sold through Morgan Stanley Smith Barney LLC on NASDAQ, with an approximate sale date of 02/13/2026 and an aggregate market value of $2,027,425.65. The shares to be sold were acquired from the issuer as restricted stock and performance shares on various dates in 2025 and 2026. The filer also reported a prior sale of 1,000 common shares on 11/18/2025 for gross proceeds of $266,570. By signing the notice, the seller represents that he is not aware of undisclosed material adverse information about Saia’s current or prospective operations.
Saia shareholder Matthew Batteh has filed a notice to sell restricted stock. The Form 144 covers a proposed sale of 916 shares of Saia common stock through Morgan Stanley Smith Barney, with an aggregate market value of $356,353.72, on or about February 13, 2026 on the NASDAQ market.
The shares to be sold were acquired from the issuer as restricted stock and performance share awards between February 6, 2023 and February 8, 2026. Over the past three months, Batteh has already sold 1,110 Saia common shares for gross proceeds of $417,037.43. Saia had 26,642,641 shares outstanding.
SAIA insider Kelly Benton filed a Form 144 notice to sell 800 shares of common stock through Morgan Stanley Smith Barney on NASDAQ, with an approximate sale date of 02/13/2026 and an aggregate market value of $311,200.
The filing notes that 26,642,641 shares of common stock are outstanding. The 800 shares were acquired from the issuer as restricted stock and performance shares on various dates between 01/09/2024 and 02/08/2026. Over the prior three months, Benton sold 1,000 shares on 12/02/2025 for gross proceeds of $314,427.40.
Saia stockholder filed a Rule 144 notice to sell 2,706 common shares through Morgan Stanley Smith Barney, with an aggregate market value of $1,046,518.71, on or about February 13, 2026 on NASDAQ. Shares outstanding were 26,642,641 common shares at the time referenced.
The shares to be sold were originally acquired from the issuer as restricted stock and performance shares on several grant dates in 2024 and 2025, with full payment noted as not applicable, indicating non-cash equity awards rather than open-market purchases.