Raymond R. Ramu - 18 Nov 2025 Form 4 Insider Report for SAIA INC (SAIA)

Role
Exec. VP & Chief Customer Off.
Signature
/s/ Kelly W. Benton
Issuer symbol
SAIA
Transactions as of
18 Nov 2025
Net transactions value
-$128,472
Form type
4
Filing time
20 Nov 2025, 16:14:34 UTC
Previous filing
26 Feb 2025
Next filing
09 Feb 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
RAMU RAYMOND R Exec. VP & Chief Customer Off. 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK /s/ Kelly W. Benton 20 Nov 2025 0001641145

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAIA Common Stock Sale $266,570 -1,000 -17% $266.57 4,902 18 Nov 2025 Direct

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
transaction SAIA Phantom Stock Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $138,098 +434 +5.4% $317.91 8,495 18 Nov 2025 Common Stock 434 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The conversion rate of this derivative security on November 18, 2025 is 1.1600 resulting in 9,853.656 shares of common stock (underlying security in column 7).
F2 Immediate
F3 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.