Matthew J. Batteh - 12 Feb 2026 Form 4 Insider Report for SAIA INC (SAIA)

Role: Chief Financial Officer
Signature: /s/ Kelly W. Benton
Issuer symbol: SAIA
Transactions as of: 12 Feb 2026
Net transactions value: -$662,169
Form type: 4
Filing time: 17 Feb 2026, 17:26:35 UTC
Previous filing: 10 Feb 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Batteh Matthew J	Chief Financial Officer	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK	/s/ Kelly W. Benton	17 Feb 2026	0002023395

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SAIA	Common Stock	Award	$0	+1,658	+45%	$0.000000	5,360	12 Feb 2026	Direct	F1
transaction	SAIA	Common Stock	Options Exercise	$111,222	+1,110	+21%	$100.20	6,470	12 Feb 2026	Direct
transaction	SAIA	Common Stock	Sale	$417,037	-1,110	-17%	$375.71	5,360	12 Feb 2026	Direct
transaction	SAIA	Common Stock	Sale	$297,928	-766	-14%	$388.94	4,594	13 Feb 2026	Direct
transaction	SAIA	Common Stock	Sale	$58,426	-150	-3.3%	$389.50	4,444	13 Feb 2026	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
transaction	SAIA	Stock Options (Right to Buy)	Options Exercise	$0	-1,110	-100%	$0.000000	0	12 Feb 2026	Common Stock	1,110	$100.20	Direct	F3
holding	SAIA	Phantom Stock						279	12 Feb 2026	Common Stock	279		Direct	F4, F5, F6
holding	SAIA	Stock Options (Right to buy)						470	12 Feb 2026	Common Stock	470	$277.86	Direct	F3
holding	SAIA	Stock Options (Right to buy)						500	12 Feb 2026	Common Stock	500	$200.81	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	This transaction was executed in multiple trades at prices ranging from $389.50 USD to $389.53 USD; the price reported above reflects the weighted average sale price.
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.
F4	The conversion rate of this derivative security on February 12, 2026 is 1.1534 resulting in 321.437 shares of common stock (underlying security in column 7).
F5	Immediate
F6	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.