PATRICK D. SUGAR - 12 Feb 2026 Form 4 Insider Report for SAIA INC (SAIA)

Role: EVP Operations
Signature: /s/ Kelly W. Benton
Issuer symbol: SAIA
Transactions as of: 12 Feb 2026
Net transactions value: -$1,046,519
Form type: 4
Filing time: 17 Feb 2026, 17:23:59 UTC
Previous filing: 10 Feb 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
SUGAR PATRICK D	EVP Operations	11465 JOHNS CREEK PKWY, STE 400, JOHNS CREEK	/s/ Kelly W. Benton	17 Feb 2026	0001855286

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SAIA	Common Stock	Award	$0	+2,085	+21%	$0.000000	11,827	12 Feb 2026	Direct	F1
transaction	SAIA	Common Stock	Sale	$1,046,519	-2,706	-23%	$386.74	9,121	13 Feb 2026	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
holding	SAIA	Phantom Stock						1,116	12 Feb 2026	Common Stock	1,116		Direct	F2, F3, F4

* 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	The conversion rate of this derivative security on February 12, 2026 is 1.1534 resulting in 1,287.000 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.