SAIA.NASDAQSaia INC

Form 4: Saia Inc. Director John P. Gainor Jr. Acquires Shares

Sentiment:

SEC Form 4 Filing


Director John P. Gainor Jr. of Saia Inc. reports the acquisition of 382 shares of common stock at a price of $392.565 per share on August 1, 2024.

Summary

  • On August 1, 2024, John P. Gainor Jr., a director of Saia Inc., acquired 382 shares of common stock at $392.565 per share.
  • Following this transaction, Gainor directly owns 1,282 shares of Saia Inc. common stock.
  • Gainor also holds 17,718 shares of phantom stock, which become payable in common stock upon termination of service as a director.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a stock transaction by a company director. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance or outlook.

Industry Context

This filing is a routine disclosure related to insider trading activity, which is common among publicly traded companies. It provides transparency into the transactions of company insiders and their holdings.

Stakeholder Impact

  • The transaction may have a minor impact on shareholders by providing insight into the actions of a company director.

Key Dates

DateDescription
July 26, 2022Date of Power of Attorney execution.
August 1, 2024Date of common stock transaction.
August 5, 2024Date of signature on the report.

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