Form 4: Saia Inc. Director Richard D. Odell Reports Stock Transaction
Statement of Changes in Beneficial Ownership
Director Richard D. Odell of Saia Inc. reported a transaction involving the acquisition of 395 shares of common stock on May 4, 2026.
Summary
- Richard D. Odell, a Director at Saia Inc., has filed a Form 4 with the SEC detailing a transaction.
- The transaction involved the acquisition of 395 shares of Saia Inc. common stock.
- This acquisition occurred on May 4, 2026, with a reported price of $0.00, indicating it was likely an award or grant.
- Following this transaction, Mr. Odell beneficially owns 3,303 shares of Saia Inc. common stock directly.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, as it represents a routine disclosure of a director's stock acquisition, potentially indicating insider confidence without providing new financial performance data.
Positives
- Director acquisition of shares can signal confidence in the company's future prospects.
- The acquisition of 395 shares at a $0.00 price suggests a potential stock award or grant, which is a form of compensation.
Future Outlook
This filing does not contain forward-looking statements or guidance.
Industry Context
StockSavvy.ai notes that director stock acquisitions, particularly those at a zero cost basis, are common compensation mechanisms and can be interpreted as a positive signal of insider confidence in the company's valuation and future performance within the logistics and transportation sector.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Richard D. Odell granted power of attorney to Frederick J. Holzgrefe, III, Matthew J. Batteh, and Kelly W. Benton to execute SEC Forms ID, 3, 4, and 5 on his behalf. | 04/24/2025 | Ensures timely and accurate filing of ownership and transaction reports by designated individuals. |
Stakeholder Impact
- Shareholders: The acquisition by a director may be viewed positively, suggesting insider confidence in the company's value.
Key Dates
| Date | Description |
|---|---|
| 04/24/2025 | Date of execution for the Power of Attorney document. |
| 05/04/2026 | Transaction date for the acquisition of Saia Inc. common stock by Richard D. Odell. |
| 05/06/2026 | Date of signature for the Form 4 filing. |
Keywords
Saia Inc., SAIA, Form 4, SEC Filing, Director Transaction, Stock Acquisition, Beneficial Ownership, Richard D. Odell
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