Form 4: Saia Inc. Director Susan F. Ward Files Form 4
Statement of Changes in Beneficial Ownership
Director Susan F. Ward of Saia Inc. reported a transaction involving common stock and phantom stock on May 4, 2026.
Summary
- Susan F. Ward, a Director at Saia Inc., filed a Form 4 statement detailing changes in beneficial ownership.
- The filing indicates the acquisition of 395 shares of common stock at a price of $0.00 on May 4, 2026.
- Following this transaction, Ms. Ward beneficially owns 1,393 shares of common stock directly.
- Additionally, the filing notes 2,104 shares of phantom stock, which are directly held and become payable in common stock upon termination of service as a Director.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine disclosure of insider transactions and does not inherently signal positive or negative performance.
Positives
- Director Susan F. Ward has updated her beneficial ownership filings, demonstrating transparency.
- The acquisition of 395 shares of common stock at $0.00 suggests a potential grant or award, which can be viewed positively for insider alignment.
Future Outlook
The filing does not contain forward-looking statements or guidance. It is a report of past transactions.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for public company insiders, providing transparency into their holdings and transactions. This filing by a director of Saia Inc. is a routine regulatory requirement.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Susan F. Ward granted a Power of Attorney to Frederick J. Holzgrefe, III, Matthew J. Batteh, and Kelly W. Benton to execute and file Forms ID, 3, 4, and 5 on her behalf. | 04/24/2025 | Ensures compliance with Section 16(a) reporting requirements even if Ms. Ward is unable to personally file. |
Stakeholder Impact
- Shareholders: Increased transparency regarding director's holdings and transactions.
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 common stock and the 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, Common Stock, Phantom Stock, Securities Exchange Act
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