Form 4: Saia Inc. Director Donna E. Epps Files Form 4
Statement of Changes in Beneficial Ownership
Donna E. Epps, a Director at Saia Inc., has filed a Form 4 statement detailing changes in her beneficial ownership of company securities.
Summary
- This filing is a Form 4, which reports changes in beneficial ownership of securities by insiders.
- Director Donna E. Epps reported a transaction on May 4, 2026.
- The transaction involved 395 shares of phantom stock, which are payable in the company's common stock upon termination of service as a Director.
- Following this transaction, Ms. Epps beneficially owns 1,852 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine disclosure of phantom stock, which is a form of deferred compensation rather than an immediate purchase or sale of stock.
Future Outlook
The phantom stock becomes payable in common stock upon the reporting person's termination of service as a Director.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for corporate insiders and are crucial for transparency in the transportation and logistics sector, providing insights into executive confidence and potential stock movements.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Donna E. Epps granted a power of attorney to Frederick J. Holzgrefe, III, Matthew J. Batteh, and Kelly W. Benton to execute Forms ID, 3, 4, and 5 on her behalf. | 04/24/2025 | Ensures compliance with Section 16(a) reporting requirements even if Ms. Epps is unable to personally file. |
Stakeholder Impact
- Shareholders: Increased transparency regarding insider holdings and compensation structures.
- Employees: Phantom stock plans can be a component of executive compensation, influencing employee morale and retention.
- Management: Standard compliance requirement for directors and officers.
Next Steps
- The phantom stock will be paid out in Saia Inc. common stock upon Ms. Epps' termination of service as a Director.
Key Dates
| Date | Description |
|---|---|
| 04/24/2025 | Effective date of the Power of Attorney granted by Donna E. Epps. |
| 05/04/2026 | Transaction date for phantom stock and earliest transaction date reported. |
| 05/06/2026 | Date of signature for the Form 4 filing. |
Keywords
Form 4, SEC Filing, Beneficial Ownership, Insider Trading, Saia Inc., Director, Phantom Stock
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