PATRICK D. SUGAR - 10 Mar 2025 Form 4 Insider Report for SAIA INC (SAIA)

Signature
/s/ Kelly W. Benton
Issuer symbol
SAIA
Transactions as of
10 Mar 2025
Net transactions value
-$37,760
Form type
4
Filing time
12 Mar 2025, 16:10:22 UTC
Previous filing
11 Feb 2025
Next filing
18 Jun 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAIA Common Stock Tax liability $37,760 -103 -1.2% $366.60 8,273 10 Mar 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 317 10 Mar 2025 Common Stock 317 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld at officer's election to cover tax liabilities incurred in connection with the vesting of restricted shares awarded in March 2021.
F2 The conversion rate of this derivative security on March 10, 2025 is 1.1407 resulting in 361.959 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.