Rohit Lal - 07 Feb 2025 Form 4 Insider Report for SAIA INC (SAIA)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
11 Feb 2025, 16:19:31 UTC
Prior SEC filing
07 Feb 2025
Next SEC filing
04 Mar 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Kelly W. Benton

Key filing fact

Rohit Lal filed Form 4 for SAIA INC (SAIA) on 11 Feb 2025.

Key facts

  • This page summarizes Rohit Lal's Form 4 filing for SAIA INC (SAIA).
  • 4 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 11 Feb 2025, 16:19.

Change

  • Previous filing in this sequence was filed on 07 Feb 2025.
  • Current net transaction value: -$192,708.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SAIA transaction

Common Stock

Award

Transaction value
$0
Shares
+898
Change %
+11%
Price
$0.000000
Shares after
9,450
Date
07 Feb 2025
Ownership
Direct
Footnotes
F1
SAIA transaction

Common Stock

Tax liability

Transaction value
$130,699
Shares
-267
Change %
-2.8%
Price
$489.51
Shares after
9,183
Date
07 Feb 2025
Ownership
Direct
Footnotes
F2
SAIA transaction

Common Stock

Tax liability

Transaction value
$36,713
Shares
-75
Change %
-0.82%
Price
$489.51
Shares after
9,108
Date
07 Feb 2025
Ownership
Direct
Footnotes
F3
SAIA transaction

Common Stock

Tax liability

Transaction value
$25,295
Shares
-51
Change %
-0.56%
Price
$495.99
Shares after
9,057
Date
10 Feb 2025
Ownership
Direct
Footnotes
F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SAIA holding Derivative

Phantom Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
6,539
Date
07 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
6,539
Exercise price
Footnotes
F5, F6, F7
SAIA holding Derivative

Stock Options (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
180
Date
07 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
180
Exercise price
$277.86
Footnotes
F8
SAIA holding Derivative

Stock Options (Right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,480
Date
07 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,480
Exercise price
$100.20
Footnotes
F8
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote F1

Issuance of Performance Unit Awards under the 2018 Omnibus Incentive Plan for the 1/1/22-12/31/24 performance period.

Footnote F2

Shares withheld at officer's election to cover tax liabilities incurred upon the issuance of Performance Unit Awards under the 2018 Omnibus Incentive Plan for the 1/1/22-12/31/24 performance period.

Footnote F3

Shares withheld at officer's election to cover tax liabilities incurred in connection with the vesting of restricted shares awarded in February 2022.

Footnote F4

Shares withheld at officer's election to cover tax liabilities incurred in connection with the vesting of restricted shares awarded in February 2023.

Footnote F5

The conversion rate of this derivative security on February 7, 2025 is 1.1301 resulting in 7,389.307 shares of common stock (underlying security in column 7).

Footnote F6

Immediate

Footnote F7

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.

Footnote F8

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.

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