Batteh Matthew J 4

What Happened
Matthew J. Batteh, Chief Financial Officer of SAIA Inc. (SAIA), had 91 shares of common stock withheld on February 5, 2026 to cover tax liabilities tied to the vesting of restricted shares. The withholding was recorded at $404.75 per share, for a total value of $36,832. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-02-05; Filing date: 2026-02-09 (filed timely).
• Withheld: 91 shares at $404.75 per share; total value reported $36,832.
• Transaction code: F (shares withheld to satisfy tax withholding obligations).
• Footnote F1: Shares were withheld at the officer’s election to cover taxes from restricted shares awarded in February 2025.
• Footnote F2: A derivative conversion rate on Feb 5, 2026 is 1.1534, resulting in 321.429 underlying common shares (as noted in the filing).
• Shares owned after transaction: not specified in the provided excerpt.

Context
Tax-withholding withholdings are routine and do not indicate a directional purchase or sale intent in the market — they simply satisfy tax obligations arising from equity awards. The filing indicates these were not open-market sales; they are internal withholdings tied to vested restricted stock.