Director at FedEx Freight (FDXF) receives grant of 1,169 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Miller Cindy J reported acquisition or exercise transactions in this Form 4 filing.
FedEx Freight Holding Company, Inc. director Cindy J. Miller received a grant of 1,169 restricted stock units (RSUs) of common stock as equity compensation. The RSUs fully vest on the date of the next annual stockholder's meeting, with each RSU delivering one common share and no dividend equivalent rights.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Miller Cindy J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,169 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,169 shares (Direct)
Footnotes (1)
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Key Figures
RSUs granted: 1,169 units
Grant price: $0.0000 per unit
Holdings after grant: 1,169 shares/units
3 metrics
RSUs granted
1,169 units
Restricted stock unit award to director Cindy J. Miller
Grant price
$0.0000 per unit
Equity grant, no cash paid by reporting person
Holdings after grant
1,169 shares/units
Total common stock reported following the RSU award
Key Terms
restricted stock units ("RSUs"), annual stockholder's meeting, dividend equivalent rights, Common Stock
4 terms
restricted stock units ("RSUs") financial
"Represents a grant of restricted stock units ("RSUs") that fully vest on the date"
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.
Common Stock financial
"Each RSU represents a right to receive one share of Company common stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did FedEx Freight (FDXF) report for Cindy J. Miller?
FedEx Freight reported that director Cindy J. Miller received 1,169 restricted stock units of common stock as an equity grant. These units were acquired at no cash cost to her as part of her director compensation package.
When do Cindy J. Miller’s FedEx Freight (FDXF) RSUs vest?
The 1,169 restricted stock units granted to Cindy J. Miller fully vest on the date of the next FedEx Freight Holding Company, Inc. annual stockholder's meeting. Vesting converts each RSU into one share of common stock at that time.
Does Cindy J. Miller’s FedEx Freight (FDXF) RSU grant earn dividends before vesting?
The RSUs granted to Cindy J. Miller do not accrue dividend equivalent rights before vesting. She will receive shares of common stock upon vesting, but no additional dividend-based credits on these RSUs prior to that date.
Did Cindy J. Miller buy or sell FedEx Freight (FDXF) stock in this Form 4?
The Form 4 shows an acquisition via grant, not an open-market trade. Cindy J. Miller received 1,169 restricted stock units as a compensation award, with no reported purchase or sale of existing common shares in the market.