Form 4: Saia Inc. Director John P. Gainor Jr. Reports Acquisition of Phantom Stock
SEC Form 4 Filing
Director John P. Gainor Jr. reports the acquisition of phantom stock convertible to common stock in Saia Inc.
Summary
- On May 1, 2025, John P. Gainor Jr., a director of Saia Inc., reported the acquisition of 693 shares of phantom stock.
- These shares are payable in the company's common stock upon the termination of Gainor's service as a director.
- Following the transaction, Gainor directly owns 1,282 shares of common stock and 18,411 shares of phantom stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Future Outlook
The phantom stock will be converted to common stock upon the director's termination of service.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 2022-07-26 | Date of Power of Attorney execution. |
| 2025-05-01 | Date of phantom stock acquisition. |
| 2025-05-02 | Date of signature on the report. |
Keywords
Form 4, Saia Inc, Director, Phantom Stock, Beneficial Ownership, Gainor
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