FedEx Freight (FDXF) CEO John Alan Smith awarded shares and options post spin-off
Rhea-AI Filing Summary
FedEx Freight Holding Company, Inc. director and CEO John Alan Smith reported the acquisition of equity awards in connection with the spin-off from FedEx. On June 1, 2026, he acquired 1,681 common shares held indirectly through The Smith Living Trust and 14,836 common shares held directly, all at a reported price of $0.00 per share, reflecting equity awards converted from FedEx.
He also acquired multiple blocks of stock options over FedEx Freight common stock that were converted from prior FedEx options. These options cover tens of thousands of shares at exercise prices ranging from about $52.17 to $117.35 per share, with expiration dates between 2027 and 2035. Some options are fully vested and exercisable, while others vest ratably over four years from their original FedEx grant dates.
Positive
- None.
Negative
- None.
Insights
Routine conversion of FedEx awards into FedEx Freight equity.
The filing shows John Alan Smith, President, CEO and Director of FedEx Freight Holding Company, Inc., receiving common shares and options as a result of equity awards being converted in connection with the spin-off from FedEx. All transactions are coded as grants or other acquisitions, not market purchases or sales.
Non-derivative awards include 1,681 shares held indirectly via The Smith Living Trust and 14,836 shares held directly. Derivative awards are options to acquire common stock with exercise prices from $52.17 to $117.35 and expirations between 2027 and 2035. Some are fully vested, while others vest over four years from original FedEx grant dates.
Because these are compensation-related awards tied to the spin-off rather than open-market trading, they are generally viewed as administrative and routine. There are no dispositions or sales reported, and no remaining derivative positions are listed beyond the options described here.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 7,469 | $0.00 | -- |
| Grant/Award | Stock Option (Right to Buy) | 23,060 | $0.00 | -- |
| Grant/Award | Stock Option (Right to Buy) | 42,756 | $0.00 | -- |
| Grant/Award | Stock Option (Right to Buy) | 34,910 | $0.00 | -- |
| Grant/Award | Stock Option (Right to Buy) | 24,265 | $0.00 | -- |
| Grant/Award | Stock Option (Right to Buy) | 34,032 | $0.00 | -- |
| Grant/Award | Stock Option (Right to Buy) | 38,759 | $0.00 | -- |
| Grant/Award | Stock Option (Right to Buy) | 27,933 | $0.00 | -- |
| Grant/Award | Stock Option (Right to Buy) | 40,434 | $0.00 | -- |
| Grant/Award | Common Stock | 14,836 | $0.00 | -- |
| Grant/Award | Common Stock | 1,681 | $0.00 | -- |
Footnotes (1)
- Represents shares of common stock of FedEx Corporation ("FedEx"), including equity awards originally granted by FedEx, that have been converted into equity awards of FedEx Freight Holding Company, Inc. (the "Issuer") in connection with the spin-off of the Issuer from FedEx. Represents options to acquire FedEx common stock that have been converted into options to acquire the Issuer's common stock in connection with the spin-off of the Issuer from FedEx. Fully vested and exercisable. Vest ratably over four years from the original grant date of the FedEx stock option (i.e., ten years prior to the option's expiration date) and are first exercisable one year from the original grant date.