Form 4: Saia Inc. Director Susan F. Ward Reports Acquisition and Disposal of Common Stock
SEC Form 4 Filing
Director Susan F. Ward reports acquiring 318 shares of Saia Inc. common stock and disposing of 998 shares on May 1, 2025, according to a Form 4 filing with the SEC.
Summary
- On May 1, 2025, Susan F. Ward, a director of Saia Inc., reported transactions involving the company's common stock.
- Ward acquired 318 shares of common stock at a price of $0.00 per share.
- Simultaneously, Ward disposed of 998 shares of common stock.
- Following these transactions, Ward directly owns 998 shares of Saia Inc. common stock.
- Ward also holds 2,104 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 SEC filing reporting stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the Securities and Exchange Act of 1934. It provides transparency to the market regarding the actions of company directors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
- It helps stakeholders understand the actions of company leadership.
Key Dates
| Date | Description |
|---|---|
| July 26, 2022 | Date of execution for the Power of Attorney. |
| May 01, 2025 | Date of the stock transactions (acquisition and disposition). |
| May 02, 2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, SAIA, Director, Common Stock, Beneficial Ownership, Securities Exchange Act, Ward, Acquisition, Disposition, Phantom Stock
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