FedEx Freight (FDXF) EVP granted RSUs vesting through 2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FedEx Freight Holding Company, Inc. executive vice president Clement E. Klank III reported two equity compensation grants of common stock on June 29, 2026, both categorized as awards rather than open‑market purchases.
One grant represents 1,837 restricted stock units (RSUs) that fully vest on May 15, 2027, with each RSU delivering one common share upon vesting. A second grant covers 1,670 RSUs that vest in three installments on May 15, 2027, March 31, 2028, and February 15, 2029. Reported holdings after these grants were 8,535 and 6,698 common shares, respectively, and a footnote notes a one‑share correction to prior beneficial ownership due to a conversion miscalculation.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Klank Clement E III
Role
EVP - CHRLO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,670 | $0.00 | -- |
| Grant/Award | Common Stock | 1,837 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 6,698 shares (Direct, null)
Footnotes (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. 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. Represents a grant of RSUs that vest ratably in three installments on May 15, 2027, March 31, 2028, and February 15, 2029.
Key Figures
RSU grant 1: 1,837 shares
RSU grant 2: 1,670 shares
Share holdings line 1: 8,535 shares
+2 more
5 metrics
RSU grant 1
1,837 shares
RSUs fully vest on May 15, 2027
RSU grant 2
1,670 shares
RSUs vest on May 15, 2027, March 31, 2028, February 15, 2029
Share holdings line 1
8,535 shares
Common stock beneficially owned after one transaction
Share holdings line 2
6,698 shares
Common stock beneficially owned after second transaction
Award transactions
2 grants
Both coded A for grant, award, or other acquisition
Key Terms
restricted stock units ("RSUs"), beneficially owned, dividend equivalent rights, grant of RSUs
4 terms
restricted stock units ("RSUs") financial
"Represents a grant of restricted stock units ("RSUs") that fully vest on May 15, 2027."
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.
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
"Each RSU represents 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.
grant of RSUs financial
"Represents a grant of RSUs that vest ratably in three installments on May 15, 2027, March 31, 2028, and February 15, 2029."
FAQ
What did Clement E. Klank III report in this FedEx Freight (FDXF) Form 4?
Clement E. Klank III reported two equity compensation grants of FedEx Freight common stock. These were awards of restricted stock units, not open-market trades, and increased his reported beneficial ownership following the June 29, 2026 grant date.
How many FedEx Freight (FDXF) RSUs were granted to the executive?
The filing reports grants of 1,837 and 1,670 restricted stock units (RSUs). Each RSU represents the right to receive one share of FedEx Freight Holding Company, Inc. common stock upon vesting, providing additional equity-based compensation.
What are the vesting dates for the FedEx Freight (FDXF) RSU awards?
One RSU grant of 1,837 units fully vests on May 15, 2027. The 1,670-unit grant vests in three installments on May 15, 2027, March 31, 2028, and February 15, 2029, spreading the equity compensation over several years.
Did the FedEx Freight (FDXF) Form 4 involve open-market buying or selling?
No, the transactions are coded as “A” for awards or other acquisitions. They represent grants of restricted stock units at no purchase price, rather than open-market buying or selling of FedEx Freight common stock.
Did FedEx Freight (FDXF) correct any prior ownership figures in this Form 4?
Yes. A footnote states that beneficial ownership before the reported transactions was updated to correct a miscalculation in converting FedEx Corporation shares, which had overstated prior beneficial ownership by one share.