SAIA INC — Director's Dealing 2025

Feb 26, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SAIA INC (SAIA)
CIK: 0001177702
Period of Report: 2025-02-24

Reporting Person: RAMU RAYMOND R (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-02-24	Common Stock	M	1280.00	$277.86	Acquired	7182.00	Direct
2025-02-24	Common Stock	M	700.00	$200.81	Acquired	7882.00	Direct
2025-02-24	Common Stock	S	700.00	$415.8039	Disposed	7182.00	Direct
2025-02-24	Common Stock	S	1280.00	$415.8039	Disposed	5902.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-02-24	Stock Options (Right to Buy)	$277.86	M	1280.00	Disposed	2029-02-07	Common Stock (1280.00)	Direct
2025-02-24	Stock Options (Right to Buy)	$200.81	M	700.00	Disposed	2028-02-11	Common Stock (700.00)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock	$		Common Stock (8060.401)	8060.401	Direct

Footnotes

F1: Stock Options granted as part of the long-term incentive program approved by the Compensation Committee. One-third of the award vests each year on the anniversary of the grant date.

F2: The conversion rate of this derivative security on February 24, 2025 is 1.1258 resulting in 9,074.158 shares of common stock (underlying security in column 7).

F3: Immediate

F4: The shares of phantom stock become payable in the Company's common stock upon reporting person's termination of service as an employee, in accordance with the terms of the Plan.