Form 4: Saia Inc. Executive Anthony R. Norwood Reports Stock Transaction
SEC Form 4 Filing
EVP & CHRO of Saia Inc., Anthony R. Norwood, reports the withholding of shares to cover tax liabilities and the vesting of stock options.
Summary
- On February 10, 2025, Anthony R. Norwood, EVP & CHRO of Saia Inc., had shares withheld to cover tax liabilities related to the vesting of restricted shares awarded in February 2023.
- A total of 55 common stock shares were disposed of at a price of $495.99 per share.
- Following the transaction, Norwood directly owns 3,261 shares of Saia Inc. common stock.
- Norwood also holds stock options for 530 shares, granted as part of a long-term incentive program, vesting annually from March 2, 2029.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, and the transaction is related to compensation, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 2022-03-02 | Date of Power of Attorney execution. |
| 2023-02 | Restricted shares awarded to officer. |
| 2025-02-10 | Date of stock transaction (share withholding). |
| 2025-02-11 | Date of signature for the report. |
| 2029-03-02 | Start date for vesting of stock options. |
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