FedEx Freight (FDXF) amends Form 4 to correct RSU grants for chief accounting officer
Rhea-AI Filing Summary
FedEx Freight Holding Company, Inc. reported that SVP-Chief Accounting Officer Erwin Guy M II received equity compensation awards on June 29, 2026, recorded as acquisitions of common stock tied to RSU grants of 6,012 and 1,603 units. An amended insider report was filed solely to correct the number of RSUs previously disclosed under the TY26-CY28 long-term equity-based incentive program, after an administrative allocation error between RSUs and performance stock units. These RSUs vest in three installments between 2027 and 2029, and each unit represents one share of common stock upon vesting and does not accrue dividend equivalent rights.
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Insider Trade Summary
Net Buyer: 7,615 shares
Net Buy
2 txns
Insider
Erwin Guy M II
Role
SVP-Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 1,603 | $0.00 | $0.00 |
| Grant/Award | Common Stock F2 | 6,012 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 9,354 shares (Direct)
Footnotes (2)
- F1. This Form 4/A is being filed solely to correct the number of restricted stock units ("RSUs") that vest ratably in three installments on May 15, 2027, March 31, 2028, and February 15, 2029 originally reported on a Form 4 filed on July 1, 2026 ("Original Form 4"). The number of RSUs reported on the Original Form 4 was incorrect due to an administrative error in the allocation of RSUs and performance stock units granted to Mr. Erwin under the FedEx Freight Holding Company, Inc. TY26-CY28 long-term equity-based incentive program. Each RSU represents a right to receive one share of FedEx Freight Holding Company, Inc. common stock upon vesting and do not accrue dividend equivalent rights.
- F2. Represents a grant of RSUs that vest ratably in three installments on June 29, 2027, June 29, 2028, and June 29, 2029.
Key Figures
RSUs granted: 6,012 units
Additional RSUs granted: 1,603 units
Shares following first entry: 9,354 shares
+3 more
6 metrics
RSUs granted
6,012 units
Grant/award acquisition on June 29, 2026 for Erwin Guy M II
Additional RSUs granted
1,603 units
Second grant/award acquisition on June 29, 2026
Shares following first entry
9,354 shares
Total common stock held directly after the first RSU-related transaction
Shares following second entry
3,342 shares
Total common stock held directly after the second RSU-related transaction
RSU vesting installments (set 1)
3 installments
Vest on May 15, 2027, March 31, 2028, and February 15, 2029
RSU vesting installments (set 2)
3 installments
Vest on June 29, 2027, June 29, 2028, and June 29, 2029
Key Terms
restricted stock units, performance stock units, long-term equity-based incentive program, dividend equivalent rights, +1 more
5 terms
restricted stock units financial
"correct the number of restricted stock units ("RSUs") that vest ratably in three"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance stock units financial
"allocation of RSUs and performance stock units granted to Mr. Erwin under"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
long-term equity-based incentive program financial
"under the FedEx Freight Holding Company, Inc. TY26-CY28 long-term equity-based incentive program"
dividend equivalent rights financial
"Each RSU represents a right to receive one share ... and do not accrue dividend equivalent rights"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
vest ratably financial
"Represents a grant of RSUs that vest ratably in three installments on June 29"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity awards did FedEx Freight (FDXF) report for Erwin Guy M II?
Erwin Guy M II reported two RSU-related acquisitions on June 29, 2026, reflecting grants of 6,012 and 1,603 units. These awards are recorded at a $0.00 transaction price as equity compensation rather than open-market purchases.
Why did FedEx Freight (FDXF) file this amended Form 4/A for Erwin Guy M II?
The amendment was filed solely to correct the number of RSUs previously reported on a Form 4 filed July 1, 2026. The earlier filing used incorrect figures because of an administrative error allocating RSUs and performance stock units under the TY26-CY28 incentive program.
What are the vesting terms of the RSUs reported by FedEx Freight (FDXF)?
The filing describes RSU awards that vest ratably in three installments between 2027 and 2029. One award vests on May 15, 2027, March 31, 2028, and February 15, 2029, and another on June 29, 2027, June 29, 2028, and June 29, 2029.
Do the FedEx Freight (FDXF) restricted stock units accrue dividend equivalent rights?
The RSUs disclosed for Erwin Guy M II do not accrue dividend equivalent rights. Each restricted stock unit simply represents the right to receive one share of FedEx Freight common stock upon vesting, without any additional dividend-linked credits.
What ownership type is reported for Erwin Guy M II’s FedEx Freight (FDXF) holdings?
The transactions are reported as direct ownership of common stock. Post-transaction figures show 9,354 and 3,342 shares associated with the respective entries, reflecting holdings tied to the RSU-related awards recorded in this amended report.