Norwood Anthony R 4

What Happened
Anthony R. Norwood, Executive Vice President & Chief Human Resources Officer of SAIA Inc., reported a sale of 292 shares on May 20, 2026. The shares were disposed at $468.77 each, for a total transaction value of $136,881. This was a sale (S) — sales are common for executives and do not by themselves indicate company outlook.

Key Details

• Transaction date and price: May 20, 2026 — 292 shares at $468.77 per share.
• Total proceeds: $136,881.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: F1 notes these are stock options granted under the company’s long-term incentive program; one-third vests each year on the grant anniversary.
• Filing timeliness: Report filed May 21, 2026 (covers May 20 transaction), appearing to be timely.

Context

• The filing reports a straight sale (code S). If related to previously granted options, the footnote describes the grant/vesting schedule but does not state this sale was an option exercise or cashless sale.
• For retail investors: purchases can be more informative than routine sales, but monitoring insider activity over time can help identify meaningful trends.