GAINOR JOHN P JR 4
4 · SAIA INC · Filed May 6, 2026
Research Summary
AI-generated summary of this filing
SAIA Director John P. Gainor Jr Receives Phantom Stock Award
What Happened John P. Gainor Jr, a director of SAIA INC (SAIA), was granted 395 shares of phantom stock on May 4, 2026. The award is recorded as a derivative acquisition at $0.00 per share (total reported value $0). This transaction is an award/grant rather than an open-market purchase or sale and is commonly part of director compensation.
Key Details
- Transaction date and price: 2026-05-04; 395 shares granted at $0.00 (derivative award, code A).
- Shares owned after transaction: Not specified in the filing.
- Footnote: The phantom shares become payable in the Company’s common stock upon the reporting person’s termination of service as a director.
- Filing timeliness: Reported on 2026-05-06 for a 2026-05-04 transaction — appears to be filed timely (within the standard reporting window).
Context This was a grant of phantom stock (a derivative award) that does not represent immediate ownership of common shares; it converts to actual stock only when payable upon the director’s termination of service. Such director awards are routine compensation and do not, by themselves, indicate insider buying or selling sentiment.
Insider Transaction Report
- Award
Phantom Stock
[F1]2026-05-04+395→ 18,806 total→ Common Stock (395 underlying)
- 1,282
Common Stock
Footnotes (1)
- [F1]The shares of phantom stock become payable in the Company's common stock upon reporting person's termination of service as a Director.