FedEx Freight (FDXF) director R. Brad Martin granted 3,340 RSUs, now holds 30,913 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MARTIN R BRAD reported acquisition or exercise transactions in this Form 4 filing.
FedEx Freight Holding Company, Inc. director R. Brad Martin reported an equity compensation grant and updated share holdings. He received 3,340 restricted stock units that fully vest on the date of the next annual stockholder's meeting, with each RSU delivering one share of common stock upon vesting. After this grant and prior distributions from a GRAT, he holds 30,913 shares directly, plus additional indirect holdings through several child trusts, GRATs, a family foundation, and his spouse.
Positive
- None.
Negative
- None.
Insights
Routine director RSU grant and updated holdings; neutral signal.
Director R. Brad Martin received a grant of 3,340 restricted stock units, which is typical board compensation. The units vest at the next annual stockholder's meeting, and each converts into one share of common stock.
The filing also lists updated direct holdings of 30,913 common shares, including shares previously held in a GRAT, and multiple indirect positions via trusts, a family foundation, and spouse holdings. There are no derivative positions and no open‑market buying or selling indicated, so this appears to be standard, non‑cash equity compensation with limited informational value for investors.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
MARTIN R BRAD
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,340 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 30,913 shares (Direct);
Common Stock — 1,050 shares (Indirect, By Wife)
Footnotes (1)
- 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. Includes shares previously held by the Reporting Person's GRAT which were distributed to the Reporting Person and are now owned directly.
Key Figures
RSU grant: 3,340 units
Direct common shares after grant: 30,913 shares
Indirect GRAT holdings: 12,066 shares
+4 more
7 metrics
RSU grant
3,340 units
Restricted stock units vesting at next annual stockholder's meeting
Direct common shares after grant
30,913 shares
Common stock held directly by R. Brad Martin after acquisition
Indirect GRAT holdings
12,066 shares
Common stock held indirectly by GRATs
Family foundation holdings
3,625 shares
Common stock held by R. Brad Martin Family Foundation
Spouse holdings
1,050 shares
Common stock held indirectly by wife
Child trust holdings
375 shares each
Common stock held in three separate child trusts
RSU dividend rights
No dividend equivalents
RSUs do not accrue dividend equivalent rights per footnote
Key Terms
restricted stock units ("RSUs"), annual stockholder's meeting, GRAT, dividend equivalent rights
4 terms
restricted stock units ("RSUs") financial
"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."
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
"RSUs that fully vest on the date of the next FedEx Freight Holding Company, Inc. annual stockholder's meeting."
GRAT financial
"Includes shares previously held by the Reporting Person's GRAT which were distributed to the Reporting Person and are now owned directly."
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 R. Brad Martin receive in this Form 4?
R. Brad Martin received 3,340 restricted stock units as equity compensation. These RSUs fully vest at the next annual stockholder's meeting, and each unit will convert into one share of FedEx Freight Holding Company, Inc. common stock upon vesting, with no dividend equivalents accruing.
When do the new RSUs granted to R. Brad Martin vest at FedEx Freight (FDXF)?
The 3,340 restricted stock units granted to R. Brad Martin fully vest on the date of the next FedEx Freight Holding Company, Inc. annual stockholder's meeting. Vesting triggers delivery of one share of common stock for each RSU, according to the terms described in the filing footnote.
Do the RSUs granted to R. Brad Martin at FedEx Freight (FDXF) pay dividend equivalents?
No. The filing states that the restricted stock units granted to R. Brad Martin do not accrue dividend equivalent rights. He will receive one share of common stock per RSU only upon vesting at the next annual stockholder's meeting, without additional dividend-related credits.
What type of transaction is reported for R. Brad Martin in this FedEx Freight (FDXF) Form 4?
The main reportable event is an acquisition coded as a grant or award of 3,340 restricted stock units. There are no open‑market purchases or sales recorded. The remaining entries largely update indirect holdings through trusts, GRATs, a family foundation, and spouse ownership structures.