Form 4: Saia Inc. Director Kevin A. Henry Reports Acquisition of Phantom Stock

Director Kevin A. Henry reports the acquisition of 703 shares of phantom stock in Saia Inc., convertible to common stock upon termination of service.

Summary

• On May 1, 2025, Kevin A. Henry, a director of Saia Inc., acquired 703 shares of phantom stock.
• These shares are payable in the company's common stock upon the director's termination of service.
• Following this transaction, Henry directly owns 3,102 shares of phantom stock.
• The price of the derivative security is $0.00.

Sentiment

Score: 7

Explanation: The document is a standard SEC filing, indicating routine transactions. The sentiment is neutral to slightly positive as it reflects continued investment by a director.

Future Outlook

The phantom stock becomes payable in the Company's common stock upon reporting person's termination of service as a Director.

Industry Context

This filing is a routine disclosure related to executive compensation and holdings, common in publicly traded companies.

Stakeholder Impact

• The acquisition of phantom stock by a director could be viewed positively by shareholders as it aligns the director's interests with the company's long-term performance.

Key Dates

Keywords

Form 4, phantom stock, director, Saia Inc., Henry, acquisition, SAIA