HOLZGREFE FREDERICK J III (Executive VP, CFO & Secretary) sold 29.9% of their position (7.53K shares) of SAIA INC on the open market

Open‑market sale worth $3.67M — a significant reduction. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 3 sales

HOLZGREFE FREDERICK J III

Filed: 2/11/2025ACC: 0001562180-25-001122

InsiderHOLZGREFE FREDERICK J IIICIK 1618555

→

IssuerSAIA INCCIK 1177702

Officer· Executive VP, CFO & Secretary

Since Sep 2018

-4.35K

Net shares

Net seller

$6.28M

Total sold

Open market trades

0B · 3S

Total transactions

14.04K acquired · 18.39K disposed

Non-Derivative Transactions9

Common Stock

Direct

A · Award

+8.50K

Price / share

—

Trade value

—

% of position

51.6%

2/7/2025

16.46K→24.96K

Common Stock

Direct

F · Tax Withholding

−3.80K

Price / share

$489.51

Trade value

$1.86M

% of position

15.2%

2/7/2025

24.96K→21.16K

Common Stock

Direct

F · Tax Withholding

−815.00

Price / share

$489.51

Trade value

$398.95K

% of position

3.9%

2/7/2025

21.16K→20.35K

Common Stock

Direct

M · Option Exercise

+3.38K

Price / share

$277.86

Trade value

$939.17K

% of position

16.6%

2/10/2025

20.35K→23.73K

Common Stock

Direct

M · Option Exercise

+2.15K

Price / share

$200.81

Trade value

$432.54K

% of position

9.1%

2/10/2025

23.73K→25.88K

Common Stock

Direct

S · Sale

−2.15K

Price / share

$488.34

Trade value

$1.05M

% of position

8.3%

2/10/2025

25.88K→23.73K

Common Stock

Direct

S · Sale

−3.38K

Price / share

$488.34

Trade value

$1.65M

% of position

14.2%

2/10/2025

23.73K→20.35K

Common Stock

Direct

F · Tax Withholding

−701.00

Price / share

$495.99

Trade value

$347.69K

% of position

3.4%

2/10/2025

20.35K→19.64K

Common Stock

Direct

S · Sale

−2K

Price / share

$484.57

Trade value

$969.14K

% of position

10.2%

2/10/2025

19.64K→17.64K

Total

Net shares

+1.18K

Net value

-$4.91M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	2/7/2025	A · Award	+8.50K	—	—	51.6%	16.46K	24.96K
Common Stock Direct	2/7/2025	F · Tax Withholding	−3.80K	$489.51	$1.86M	15.2%	24.96K	21.16K
Common Stock Direct	2/7/2025	F · Tax Withholding	−815.00	$489.51	$398.95K	3.9%	21.16K	20.35K
Common Stock Direct	2/10/2025	M · Option Exercise	+3.38K	$277.86	$939.17K	16.6%	20.35K	23.73K
Common Stock Direct	2/10/2025	M · Option Exercise	+2.15K	$200.81	$432.54K	9.1%	23.73K	25.88K
Common Stock Direct	2/10/2025	S · Sale	−2.15K	$488.34	$1.05M	8.3%	25.88K	23.73K
Common Stock Direct	2/10/2025	S · Sale	−3.38K	$488.34	$1.65M	14.2%	23.73K	20.35K
Common Stock Direct	2/10/2025	F · Tax Withholding	−701.00	$495.99	$347.69K	3.4%	20.35K	19.64K
Common Stock Direct	2/10/2025	S · Sale	−2K	$484.57	$969.14K	10.2%	19.64K	17.64K
Total			+1.18K		-$4.91M

Derivative Transactions2

Stock Options (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

3.38K shares

−3.38K

Strike price

277.86

Held after

0.00

Exercisable

—

2/10/2025

Stock Options (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

2.15K shares

−2.15K

Strike price

200.81

Held after

0.00

Exercisable

—

2/10/2025

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Options (Right to Buy) Direct	Common Stock3.38K shares	2/10/2025	M · Option Exercise	−3.38K	277.86	—	0.00
Stock Options (Right to Buy) Direct	Common Stock2.15K shares	2/10/2025	M · Option Exercise	−2.15K	200.81	—	0.00

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)1

Phantom Stock

Direct

Underlying security

Common Stock

Underlying shares

6.69K

Shares owned

6.69K

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

6.69K

Owned

6.69K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Phantom Stock Direct	Common Stock		—	—	6.69K	6.69K
Total					6.69K	6.69K