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.
Saia, Inc. filings document the public-company disclosures of a national transportation provider built around less-than-truckload freight, non-asset or brokered truckload, expedited transportation and logistics services. Form 8-K reports furnish quarterly operating results, earnings releases, LTL shipment and tonnage data, revenue-per-shipment measures, operating ratio and conference-call transcripts under Regulation FD.
Proxy and annual-meeting filings cover director elections, advisory executive-compensation votes, auditor ratification and board governance. The company's risk disclosures address freight-cycle conditions, industry competition and pricing pressure, fuel and fuel-surcharge exposure, labor availability for drivers and terminal personnel, insurance and cargo-claim costs, technology disruption, service-geography expansion and real estate-related liabilities.
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. 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.