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, Inc. reported softer results for the fourth quarter and full year 2025 as profitability declined despite essentially flat revenue. Fourth quarter revenue was $790.0 million, up 0.1%, while diluted EPS fell to $1.77 from $2.84 as operating income dropped 36.9% to $64.0 million and the operating ratio weakened to 91.9% from 87.1%. Management noted roughly $4.7 million of higher self-insurance costs tied to prior-year accidents pressured the quarter. For 2025, revenue inched up 0.8% to $3.2 billion, but operating income declined 27.0% to $352.2 million, with diluted EPS down to $9.52 from $13.51 and adjusted diluted EPS of $9.11. The full‑year operating ratio deteriorated to 89.1%, or 89.6% on an adjusted basis, from 85.0%, reflecting higher costs per shipment. Saia generated $595.0 million of operating cash flow, funded $544.1 million of net capital expenditures (down from $1,040.9 million in 2024), and reduced total debt to $164.0 million from $200.3 million while ending 2025 with $19.7 million in cash.
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. reported an initial insider ownership filing (Form 3) for its EVP and CIO, indicating no securities are beneficially owned as of the event date 10/22/2025.
The filing was submitted by one reporting person and includes no non-derivative or derivative holdings. This Form 3 establishes the officer’s baseline ownership position under Section 16 reporting.