Director at FedEx Freight (FDXF) receives stock and RSU awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FedEx Freight Holding Company, Inc. director Amy J. Salcido received equity compensation in the form of common stock and restricted stock units. On this date, she acquired 1,169 shares of common stock issued in lieu of annual retainer fees, with no cash price per share. She also received 367 restricted stock units that will fully vest on the date of the next annual stockholder meeting, each convertible into one share of common stock upon vesting. Following these awards, she directly holds 1,536 shares of common stock and has 367 RSUs outstanding. These transactions reflect board compensation grants rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Salcido Amy J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 367 | $0.00 | -- |
| Grant/Award | Common Stock | 1,169 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 367 shares (Direct)
Footnotes (1)
- This common stock was issued in lieu of annual retainer fees. Represents a grant of restricted stock units ("RSUs") that fully vest on the date of the next FedEx Freight Holding Company, Inc. annual stockholder's meeting. Each RSU represents a right to receive one share of Company common stock upon vesting. The RSUs do not accrue dividend equivalent rights.
Key Figures
Common shares granted: 1,169 shares
RSUs granted: 367 units
Shares held after grant: 1,536 shares
+2 more
5 metrics
Common shares granted
1,169 shares
Issued in lieu of annual retainer fees on the transaction date
RSUs granted
367 units
Restricted stock units vesting at the next annual stockholder meeting
Shares held after grant
1,536 shares
Total direct common stock holdings following the transactions
RSU-to-share ratio
1:1
Each RSU represents the right to receive one common share upon vesting
Dividend equivalents on RSUs
None
RSUs do not accrue dividend equivalent rights prior to vesting and settlement
Key Terms
annual retainer fees, restricted stock units ("RSUs"), annual stockholder's meeting, dividend equivalent rights
4 terms
annual retainer fees financial
"This common stock was issued in lieu of annual retainer fees."
restricted stock units ("RSUs") financial
"Represents a grant of restricted stock units ("RSUs") that fully vest"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
annual stockholder's meeting financial
"fully vest on the date of the next FedEx Freight Holding Company, Inc. annual stockholder's meeting."
dividend equivalent rights financial
"The RSUs 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.
FAQ
What did FedEx Freight (FDXF) director Amy J. Salcido report on this Form 4?
Amy J. Salcido reported receiving equity compensation, including common shares and restricted stock units. She acquired 1,169 common shares as fees and 367 RSUs that vest at the next annual stockholder meeting, with each RSU delivering one share upon vesting.
What are the terms of the 367 FedEx Freight (FDXF) RSUs granted to Amy J. Salcido?
The 367 restricted stock units fully vest on the date of the next FedEx Freight annual stockholder meeting. Each RSU converts into one common share upon vesting and does not accrue dividend equivalent rights, meaning no dividend-like payments are credited before settlement.
Were Amy J. Salcido’s FedEx Freight (FDXF) equity awards open-market purchases?
No, the reported equity awards were not open-market purchases. The 1,169 common shares were issued in lieu of annual retainer fees, and the 367 RSUs are a grant that vests at the next annual stockholder meeting as part of her director compensation.
Do Amy J. Salcido’s FedEx Freight (FDXF) RSUs pay dividend equivalents before vesting?
The restricted stock units do not accrue dividend equivalent rights. This means that during the vesting period, the RSUs do not receive dividend-like payments; value is only realized when each vested RSU converts into one share of common stock.