Norwood Anthony R 4

What Happened

• Anthony R. Norwood, EVP & CHRO of SAIA Inc., had 61 shares withheld on Feb 5, 2026 to cover taxes related to the vesting of restricted shares. The shares were valued at $404.75 each, for a total of $24,689. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-02-05; per-share price used for withholding: $404.75; total value: $24,689.
• Transaction type/code: F — shares withheld to cover tax liabilities on vested restricted stock.
• Footnote F1: Shares were withheld at the officer’s election to cover tax liabilities from restricted shares awarded in February 2025.
• Footnote F2 (background): Notes the company’s long-term incentive stock option grants vest one-third each year; not directly part of this withholding.
• Shares owned after the transaction: not specified in the filing.
• Filing: Form 4 filed Feb 9, 2026 (within the standard 2-business-day reporting window) — not marked late.

Context

• Tax-withholding disposals are routine administrative actions when restricted stock vests; they differ from open-market sales and generally do not, by themselves, indicate a change in the insider’s view of the company.