Matthew J. Batteh - 18 Feb 2025 Form 4 Insider Report for SAIA INC (SAIA)

Role
Chief Financial Officer
Signature
/s/ Kelly W. Benton
Issuer symbol
SAIA
Transactions as of
18 Feb 2025
Net transactions value
-$350,064
Form type
4
Filing time
20 Feb 2025, 17:03:19 UTC
Previous filing
11 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAIA Common Stock Sale $350,064 -700 -17% $500.09 3,326 18 Feb 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding SAIA Phantom Stock 279 18 Feb 2025 Common Stock 279 Direct F2, F3, F4
holding SAIA Stock Options (Right to buy) 470 18 Feb 2025 Common Stock 470 $277.86 Direct F5
holding SAIA Stock Options (Right to buy) 500 18 Feb 2025 Common Stock 500 $200.81 Direct F5
holding SAIA Stock Options (Right to buy) 1,110 18 Feb 2025 Common Stock 1,110 $100.20 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $500.00 USD to $500.20 USD; the price reported above reflects the weighted average sale price.
F2 The conversion rate of this derivative security on February 18, 2025 is 1.1309 resulting in 315.165 shares of common stock (underlying security in column 7).
F3 Immediate
F4 The shares of phantom stock become payable in the Company's common stock upon reporting person's termination of service as an employee, in accordance with the terms of the Plan.
F5 Stock Options granted as part of the long-term incentive program approved by the Compensation Committee. One-third of the award vests each year on the anniversary of the grant date.