Flash FinanceUS
Market closed S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Saia (SAIA)

Saia names Matthew Batteh CFO, effective May 13, 2024, replacing Douglas Col

Neutral Impact 4 of 5 leadership Written later

Saia appointed Matthew Batteh as Executive Vice President, Chief Financial Officer and Secretary, effective May 13, 2024, succeeding Douglas Col, who previously announced his retirement. Batteh has been with Saia since 2015 and most recently served as Vice President of Finance, so the change is an internal promotion. The filing describes his base salary, incentive targets and equity grant, along with severance and change-of-control terms.

Key points

  • Matthew Batteh, age 35, promoted to CFO effective May 13, 2024, per the 8-K; Douglas Col is retiring after having been CFO since January 2020
  • Base salary of $435,000; target bonus 75 percent of salary, maximum 150 percent
  • Restricted stock grant of 1,364 shares, vesting 25 percent in 2027, 25 percent in 2028 and 50 percent in 2029, with immediate vesting on a change of control
  • Executive Severance Agreement pays two times highest 12-month compensation if terminated within two years after a change of control

The filing

CompanySaia (SAIA)
Form8-K, current report
Filed with the SECMay 14, 2024, 4:10 PM ET
Accession number0000950170-24-059548

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 14, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.