SAIA SAIA INC Insider Trading

CEO Frederick Holzgrefe sold 4,775 shares of SAIA at $388.80 (2026-02-13); prior 5 trades at ticker 100% well-timed at 90-day horizon.

Frederick Holzgrefe, President & CEO, sold 4,775 shares at $388.80, reducing his stake by 17.4% to 22,743 shares and realizing $1,856,535.28 in proceeds. The stock is currently at $388.35, down 23.1% from its 52-week high of $504.96. His track record at SAIA is notable: all 5 prior trades at this ticker showed negative 90-day returns (ranging from −16.1% to −46.6%), indicating a 100% well-timed rate at the 90-day mark where each sale preceded subsequent declines. His cross-ticker track record also reflects this pattern, with 7 prior sells averaging a 90d return of −30.6% and a 90% well-timed rate. The company shows solid fundamentals—$839.6M in latest-quarter revenue, $86.3M net income, and 11.4% annual revenue growth—but trades at a P/E of 36.46, elevated on an absolute basis. The sale follows a 53.4% 90-day appreciation, positioning near the upper tier of the 52-week range. Investors should note the consistency of this insider's prior sales preceding price declines at this specific ticker.

CFO Batteh sells 2,026 shares across 3 transactions for $773,391.15; holdings drop 31.3% to 4,444 shares

Matthew J Batteh, Chief Financial Officer of SAIA INC, executed 3 separate sales totaling 2,026 shares for $773,391.15 at blended average price $381.73 on February 12–13, 2026. The sales reduced his post-transaction holdings to 4,444 shares, representing a 31.3% reduction in shareholding. The current stock price of $388.35 sits 23.1% below the 52-week high of $504.96, and the company trades at P/E 36.46 with strong fundamentals including 11.4% annual revenue growth and $86.3M net income on $839.6M quarterly revenue. This sale occurs in the context of significant recent upward momentum: the stock has gained 10.7% over 30 days and 53.4% over 90 days, suggesting the CFO liquidated a meaningful portion of his stake after recent appreciation.

EVP Patrick Sugar sells 2.7K shares ($1.0M) at $386.74; stock -23.1% from 52-week high but +10.7% in 30 days.

SAIA's EVP of Operations sold 2,706 shares for $1,046,518.71, reducing his holdings by -22.9% to 9,121 shares post-transaction. The sale occurred at $386.74, against a current price of $388.35 and a 52-week high of $504.96. The stock has recovered meaningfully in recent weeks (+10.7% over 30 days, +53.4% over 90 days), though it remains -23.1% below its recent peak. The insider's cross-ticker track record shows a 100.00% well-timed sell rate across 3 prior transactions, with a concerning 90-day average return of -16.0%, suggesting his prior sells preceded declines. At SAIA specifically, all 3 prior trades (all sales on 2023-08-02) also exhibited negative 90-day performance (-16.0%, -16.0%, -15.9%). The sale follows a period of strong recovery, and the company's fundamentals remain solid (P/E 36.46, annual revenue growth +11.4%, net income $86.3M on $839.6M quarterly revenue). The timing and scale of this sale warrant monitoring given the insider's demonstrated pattern of well-timed exits, though the company's operational strength and recent stock momentum temper the bearish signal.

SAIA Exec VP Raymond R sold 5,226 shares for $2,027,425.96, reducing stake by 59.0% post-transaction to 3,631 shares

Ramu Raymond R, Exec. VP & Chief Customer Officer, executed two separate sales totaling 5,226 shares on 2026-02-13 at an average blended price of $387.95, generating $2,027,425.96 in proceeds and reducing his holdings by 59.0% to 3,631 shares. The stock is currently trading at $388.35, up 10.7% over the past 30 days and 53.4% over 90 days, following a recovery from a 52-week low of $236.65. His prior sale at SAIA on 2024-02-09 experienced a -27.4% 90-day return after the sale (well-timed by the metric of negative post-sale returns), establishing a pattern where his sales at this ticker have preceded price declines. Investors should monitor whether this large reduction in an executive's stake—from 8.9K to 3.6K shares—signals a shift in his conviction regarding SAIA's forward trajectory, particularly given the company's strong fundamentals (P/E 36.46, 11.4% annual revenue growth, $86.3M net income) and the recent substantial rally.

Director Donna E Epps sold 422 shares at $277.43 and bought 422 shares at $277.60 on 2025-11-26 (near-identical swap).

Donna E Epps, a Director at SAIA, executed 2 separate transactions on the same date: a sale of 422 shares at $277.43 ($117,075.46) and a purchase of 422 shares at $277.60 ($117,145.09). The trades occurred at nearly identical prices (separated by $0.17 per share), with a net holding of 1,852 shares post-transaction. The stock currently trades at $293.15, roughly 48.5% below its 52-week high of $569.08. Given the matched share quantity and execution on the same date at equivalent price points, this pattern suggests an administrative or structural transaction rather than a directional conviction signal. The minimal price differential and simultaneous execution do not indicate market timing or a change in insider sentiment toward the stock.

SAIA CEO Holzgrefe sells 7,534 shares for $3,671,592.87; 4 of 4 prior SAIA sales had negative 90d returns

FREDERICK J III HOLZGREFE, President & CEO of SAIA, executed 3 separate sales totaling 7,534 shares for $3,671,592.87 on 2025-02-10, reducing his holdings by 29.9% from 25,179 to 17,645 shares. His prior 4 trades at SAIA (all sells) showed a 100% pattern of well-timed exits: each 90-day period following those sales produced negative returns (-26.3%, -16.1%, -16.1%, -16.3%), indicating the stock declined after his exits. The current transaction occurs at a blended price of $487.34, slightly below the current market price of $492.55 and 18.7% below the 52-week high of $605.92. While the company reports solid fundamentals with $842.1M quarterly revenue and a P/E of 34.91, the consistent timing of his prior six open-market sells (cross-ticker and at SAIA) aligns with subsequent downturns, a pattern now extended by this substantial reduction in his position.

SAIA CIO Rohit sold 1,120 shares ($627.2K) at $560.00 on 2024-11-21; prior 5 SAIA sales all showed negative 90d returns.

Rohit sold 2 separate tranches totaling 1,120 shares for $627,200.00 at $560.00 per share, reducing his SAIA holdings by -11.9% to 8,270 shares. His prior 5 sales at SAIA (all on 2024-02-06) displayed a consistent pattern: each produced negative 90-day returns (ranging from -26.8% to -26.6%), indicating well-timed exits before subsequent declines. This latest sale occurs near the 52-week high—the stock is currently -8.0% from its $605.92 peak and up 20.7% over 30 days, creating a near-term backdrop similar to prior high-momentum periods when he has exited. The replication of prior exit timing (100% well-timed rate across his SAIA history) suggests this insider's decision to liquidate at current levels warrants attention from investors monitoring executive positioning at elevated valuations.

Director Odell sold 3,700 SAIA shares ($2.0M) at $547.40; holdings drop 58.8% to 2,590 shares

ODELL RICHARD D, a director of SAIA INC, sold 3,700 shares on 2024-11-08 at $547.40 per share, reducing his holdings from 6,290 to 2,590 shares—a 58.8% reduction in position size totaling $2,025,380.00. His prior sell at this same ticker (2024-02-06) showed a 90-day return of -26.7%, representing a well-timed exit relative to subsequent price decline. Against the company's current P/E of 38.68 and recent 90-day appreciation of +45.4%, this sale represents a material reduction in director exposure despite the stock's strong near-term momentum. The timing of this sell—following a +45.4% run in 90 days and occurring 9.9% below the 52-week high—warrants attention given the director's prior pattern of well-timed exits at this ticker.

Director John P Gainor Jr purchases 382 SAIA shares at $392.56; stock down -37.6% from 52-week high and -18.6% in 30 days.

Director Gainor increased his SAIA holdings by 42.4% with a $149,959.83 purchase at $392.56 on 2024-08-01, raising his total to 1,282 shares. This comes as the stock has declined substantially—down 37.6% from its 52-week high of $605.92 and 18.6% over the past 30 days—creating a materially lower entry point than his prior May 2024 purchase. Gainor's cross-ticker track record shows 1 prior buy with a 100% 90-day win rate (averaging +2.7% returns), and his single prior SAIA purchase in May also yielded positive 90-day returns (+2.7%). The company fundamentals remain solid with $823.2M in latest quarterly revenue, $102.5M net income, and a $10.0B market cap, though the P/E of 26.39 reflects current valuation pressures.