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.