Raymond R. Ramu - 12 Feb 2026 Form 4 Insider Report for SAIA INC (SAIA)

Reporting relationship: Exec. VP & Chief Customer Off.
Issuer ticker: SAIA
Reported as of: 12 Feb 2026
Net transaction value: -$2,027,426
SEC form: 4
Accepted by SEC: 17 Feb 2026, 17:22:54 UTC
Prior SEC filing: 10 Feb 2026
Source filing: View source filing
Reporting owner signature: /s/ Kelly W. Benton

Key filing fact

Raymond R. Ramu filed Form 4 for SAIA INC (SAIA) on 17 Feb 2026.

Key facts

This page summarizes Raymond R. Ramu's Form 4 filing for SAIA INC (SAIA).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 17 Feb 2026, 17:22.

Change

Previous filing in this sequence was filed on 10 Feb 2026.
Current net transaction value: -$2,027,426.

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

Reporting Owners (1)

CIK 0001641145 Primary reporting owner

RAMU RAYMOND R

Relationship: Exec. VP & Chief Customer Off.
Address: 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK
Signature: /s/ Kelly W. Benton
Signature date: 17 Feb 2026

Reported non-derivative transactions

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

SAIA transaction

Common Stock

Award

Transaction value: $0
Shares: +2,299
Change %: +35%
Price: $0.000000
Shares after: 8,857
Date: 12 Feb 2026
Ownership: Direct
Footnotes: F3

SAIA transaction

Common Stock

Sale

Transaction value: $1,438,107
Shares: -3,709
Change %: -42%
Price: $387.73
Shares after: 5,148
Date: 13 Feb 2026
Ownership: Direct
Footnotes: F1

SAIA transaction

Common Stock

Sale

Transaction value: $589,319
Shares: -1,517
Change %: -29%
Price: $388.48
Shares after: 3,631
Date: 13 Feb 2026
Ownership: Direct
Footnotes: F2

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: 8,495
Date: 12 Feb 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 8,495
Exercise price
Footnotes: F4, F5, F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

This transaction was executed in multiple trades at prices ranging from $387.14 USD to $388.11 USD; the price reported above reflects the weighted average sale price.

Footnote F2

This transaction was executed in multiple trades at prices ranging from $388.16 USD to $388.975 USD; the price reported above reflects the weighted average sale price.

Footnote F3

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.

Footnote F4

The conversion rate of this derivative security on February 12, 2026 is 1.1534 resulting in 9,797.849 shares of common stock (underlying security in column 7).

Footnote F5

Immediate

Footnote 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.