Anthony R. Norwood - 05 Feb 2025 Form 4 Insider Report for SAIA INC (SAIA)

Role: EVP & CHRO
Signature: /s/ Kelly W. Benton
Issuer symbol: SAIA
Transactions as of: 05 Feb 2025
Net transactions value: -$18,305
Form type: 4
Filing time: 07 Feb 2025, 16:10:09 UTC
Previous filing: 12 Feb 2024
Next 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	Award	$0	+542	+19%	$0.000000	3,352	05 Feb 2025	Direct	F1
transaction	SAIA	Common Stock	Tax liability	$18,305	-36	-1.1%	$508.47	3,316	06 Feb 2025	Direct	F2

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	Stock Options (Right to buy)						530	05 Feb 2025	Common Stock	530	$287.79	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted shares granted as part of the long-term incentive program approved by the Compensation Committee. One-third of the restricted stock award vests each year on the anniversary of the grant date.
F2	Shares withheld at officer's election to cover tax liabilities incurred in connection with the vesting of restricted shares awarded in February 2024.
F3	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.