SAIA INC·4

May 6, 4:17 PM ET

GAINOR JOHN P JR 4

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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.