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FedEx Freight EVP awarded 1,670 and 1,837 RSUs

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

FedEx Freight Holding Company, Inc. reported that EVP - CHRLO Clement E. Klank III received two equity awards of common stock on June 29, 2026: grants covering 1,670 and 1,837 shares, at a price of $0.0000 per share as compensation grants rather than market purchases. Footnotes explain these awards are restricted stock units (RSUs), with vesting schedules that include full vesting on May 15, 2027 and ratable vesting on May 15, 2027, March 31, 2028, and February 15, 2029, and that the RSUs do not accrue dividend equivalent rights. A footnote also notes a prior overstatement of beneficial ownership by one share due to a conversion miscalculation. After these transactions, Klank directly holds 8,535 shares of FedEx Freight common stock.

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Insider Klank Clement E III
Role EVP - CHRLO
Type Security Shares Price Value
Grant/Award Common Stock 1,670 $0.00 $0.00
Grant/Award Common Stock 1,837 $0.00 $0.00
Holdings After Transaction: Common Stock — 8,535 shares (Direct)
Footnotes (3)
  1. F1. Represents a grant of restricted stock units ("RSUs") that fully vest on May 15, 2027. 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.
  2. F2. Amount of securities beneficially owned prior to reported transactions updated to correct miscalculation in conversion of FedEx Corporation shares that resulted in beneficial ownership being overstated by one share in prior filings.
  3. F3. Represents a grant of RSUs that vest ratably in three installments on May 15, 2027, March 31, 2028, and February 15, 2029.
RSU grant 1 1,670 shares Non-derivative common stock grant on June 29, 2026 at $0.0000 per share
RSU grant 2 1,837 shares Second non-derivative common stock grant on June 29, 2026 at $0.0000 per share
Post-transaction holdings 8,535 shares Direct common stock holdings after reported grants
Vesting date - full May 15, 2027 RSU grant fully vests on this date
Vesting date - installment 1 May 15, 2027 First ratable vesting installment for RSU grant
Vesting date - installment 2 March 31, 2028 Second ratable vesting installment for RSU grant
Vesting date - installment 3 February 15, 2029 Third ratable vesting installment for RSU grant
Prior misstatement 1 share Beneficial ownership previously overstated by one share due to conversion error
restricted stock units financial
"Represents a grant of restricted stock units ("RSUs") that fully vest on May 15, 2027"
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.
beneficially owned financial
"Amount of securities beneficially owned prior to reported transactions updated to correct miscalculation"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
dividend equivalent rights financial
"RSUs represent 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.
ratably financial
"Represents a grant of RSUs that vest ratably in three installments"
non-derivative financial
"transaction_type: "non-derivative" for the reported common stock grants"

FAQ

What insider transactions did FDXF report for Clement E. Klank III?

Clement E. Klank III received two RSU grants on June 29, 2026 for 1,670 and 1,837 shares of FedEx Freight common stock, granted at $0.0000 per share as equity compensation rather than market purchases.

How many FDXF shares does Clement E. Klank III hold after these grants?

Following the reported grants, Clement E. Klank III directly holds 8,535 shares of FedEx Freight common stock. This post-transaction holding reflects the updated, corrected beneficial ownership reported in the filing data.

What are the vesting terms of the FDXF RSU grants to Clement E. Klank III?

The RSU grants to Clement E. Klank III have vesting schedules that include full vesting on May 15, 2027 and ratable vesting on May 15, 2027, March 31, 2028, and February 15, 2029, according to the disclosed footnotes.

Do the FDXF RSUs granted to Clement E. Klank III carry dividend equivalent rights?

No, the RSUs granted to Clement E. Klank III do not accrue dividend equivalent rights. Each RSU represents the right to receive one share of FedEx Freight common stock upon vesting without additional dividend-based credits.

Did FDXF correct any previously reported share ownership for Clement E. Klank III?

Yes. A footnote states that prior beneficial ownership was overstated by one share due to a miscalculation in the conversion of FedEx Corporation shares, and the amount has now been updated and corrected.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Klank Clement E III

(Last)(First)(Middle)
8285 TOURNAMENT DR.

(Street)
MEMPHIS TENNESSEE 38125

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
FedEx Freight Holding Company, Inc. [ FDXF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP - CHRLO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/29/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/29/2026A1,670(1)A$06,698(2)D
Common Stock06/29/2026A1,837(3)A$08,535D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents a grant of restricted stock units ("RSUs") that fully vest on May 15, 2027. 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.
2. Amount of securities beneficially owned prior to reported transactions updated to correct miscalculation in conversion of FedEx Corporation shares that resulted in beneficial ownership being overstated by one share in prior filings.
3. Represents a grant of RSUs that vest ratably in three installments on May 15, 2027, March 31, 2028, and February 15, 2029.
Remarks:
/s/ Edward J. Garitty, as Attorney-in-Fact07/01/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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