GAINOR JOHN P JR 4
Research Summary
AI-generated summary
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.