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Frederick J. Holzgrefe received $6.3M in total compensation as President & Chief Executive Officer (PEO) of SAIA INC in FY2025. The largest component was $5.2M in stock awards. That’s up 20% from FY2024. Source: SEC DEF 14A.
In fiscal year 2025, Frederick J. Holzgrefe, President & Chief Executive Officer (PEO) of SAIA INC (SAIA), received total compensation of $6.3 million.
Frederick J. Holzgrefe's compensation breakdown includes: base salary of $980K, stock awards valued at $5.2 million, and other compensation of $156K.
Compared to fiscal year 2024, Frederick J. Holzgrefe's total compensation increased 20% from $5.3 million to $6.3 million.
SAIA INC's top 5 named executive officers received combined total compensation of $13.4 million in fiscal year 2025.
The named executive officers disclosed in SAIA INC's 2025 proxy statement are:Frederick J. Holzgrefe (President & Chief Executive Officer (PEO)) with total compensation of $6.3 million, Raymond R. Ramu (Executive Vice President & Chief Customer Officer) with total compensation of $2.4 million, Patrick D. Sugar (Executive Vice President Operations) with total compensation of $2.1 million, Matthew J. Batteh (Executive Vice President & Chief Financial Officer (PFO)) with total compensation of $1.5 million, and Anthony R. Norwood (Executive Vice President & Chief Human Resources Officer) with total compensation of $1.1 million.
Source Filing
Executive Record
Frederick J. Holzgrefe
President & Chief Executive Officer (PEO)
Reported Pay
$6.3M
Summary compensation table total · FY2025
Findings
Reviewing FY2025 compensation of $6.3M against -28% shareholder return and the latest filing-backed pay disclosures.
Reported pay changed +20%; spread versus stock performance is pending computation.
Evidence is sourced from the latest executive compensation filing and return series for SAIA.
Team view
5 executives
President & Chief Executive Officer (PEO)
Total PayFY2025
$6.3M
Executive Vice President & Chief Customer Officer
Total PayFY2025
$2.4M
Executive Vice President Operations
Total PayFY2025
$2.1M
Executive Vice President & Chief Financial Officer (PFO)
Total PayFY2025
$1.5M
Executive Vice President & Chief Human Resources Officer
Total PayFY2025
$1.1M
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01FY2025 total compensation breakdown
$6.3M total compensation
Frederick J. Holzgrefe earned $6.3M in FY2025 — here's how that breaks down.
$5.2M
82% of total
$980.0K
16% of total
$155.5K
2% of total
Activity timeline · FY2025
Recent events from filings
Feb 5, 2025
Frederick J. Holzgrefe Equity award (4,383 target units, 1,096 threshold, 8,766 maximum, Grant FV $2,972,025)
Feb 5, 2025
Frederick J. Holzgrefe stock (Grant FV $2,204,693)
Feb 5, 2025
Matthew J. Batteh Equity award (778 target units, 195 threshold, 1,556 maximum, Grant FV $527,546)
Feb 5, 2025
Matthew J. Batteh stock (Grant FV $391,342)
Feb 5, 2025
Raymond R. Ramu Equity award (1,405 target units, 351 threshold, 2,810 maximum, Grant FV $952,702)
Feb 5, 2025
Raymond R. Ramu stock (Grant FV $706,729)
Feb 5, 2025
Patrick D. Sugar Equity award (1,240 target units, 310 threshold, 2,480 maximum, Grant FV $840,819)
Feb 5, 2025
Patrick D. Sugar stock (Grant FV $623,732)
A pay-performance summary will appear here once the verdict loads above.
02Pay changes vs. stock performance
1 year of data
Peer context
Dashed line marks the large-cap median compensation benchmark for companies around $10.6B market cap, based on 312 peers in this size band.
03Recent insider trades by officers and directors
~40 trades
04Showing FY2025 data (latest available)
FY2026 does not include director compensation in our current dataset, so we're showing the latest board table we found.
We're loading the latest director compensation and board makeup.
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06For analysts and deep research
Historical compensation data from latest proxy filing
| Year | Executive | Salary | Bonus & Incentive | Stock Awards | Option Awards | Other Adj. | Total |
|---|---|---|---|---|---|---|---|
| 2025 | Frederick J. Holzgrefe President & Chief Executive Officer (PEO) | $0.98M | $0.00M | $5.18M | $0.00M | $0.16M | $6.31M |
| 2024 | Frederick J. Holzgrefe President & Chief Executive Officer (PEO) | $0.95M | $0.00M | $4.18M | $0.00M | $0.14M | $5.26M |
| 2023 | Frederick J. Holzgrefe President & Chief Executive Officer (PEO) | $0.91M | $1.28M | $3.38M | $0.00M | $0.16M | $5.73M |
| 2022 | Frederick J. Holzgrefe III President & Chief Executive Officer (PEO) | $0.88M | $1.15M | $1.92M | $0.48M | $0.10M | $4.52M |
| 2021 | Frederick J. Holzgrefe III President & Chief Executive Officer (PEO) | $0.83M | $1.65M | $1.98M | $0.40M | $0.08M | $4.94M |
| 2020 | Frederick J. Holzgrefe III President & Chief Executive Officer (PEO) | $0.66M | $0.56M | $0.93M | $0.19M | $0.08M | $2.43M |
Salary = base cash pay. Bonus & Incentive combines annual bonus and non-equity plans. Equity amounts are grant-date fair values. Other Adj. captures pension changes, perquisites, and any reconciliation items so the total matches the reported figure.
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SAIA INC (SAIA) — Key Facts
Last updated Apr 15, 2026 · DEF 14A filed Mar 16, 2026
| CEO | Frederick J. Holzgrefe, President & Chief Executive Officer (PEO) |
|---|---|
| Fiscal year | FY2025 |
| Total compensation | $6.3M |
| Base salary | $980K |
| Stock awards | $5.2M |
| Other compensation | $156K |
| Year-over-year change | +20% |
| Source | DEF 14A, 2026-03-16 |
Frederick J. Holzgrefe, the President & Chief Executive Officer (PEO) of SAIA INC, received total compensation of $6.3 million in fiscal year 2025. This includes base salary of $980,000 and stock awards valued at $5.2 million.
Frederick J. Holzgrefe's base salary at SAIA INC is $980,000 per year as of fiscal year 2025. However, total compensation including stock awards, bonuses, and other benefits is $6.3 million.
SAIA INC's CEO, Frederick J. Holzgrefe, earned $6.3 million in total compensation for fiscal year 2025. The majority of this compensation comes from stock awards ($5.2 million) rather than base salary ($980,000).