FedEx Freight EVP awarded 1,670 and 1,837 RSUs
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| 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 |
Footnotes (3)
- 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.
- 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.
- F3. Represents a grant of RSUs that vest ratably in three installments on May 15, 2027, March 31, 2028, and February 15, 2029.
Key Figures
Key Terms
restricted stock units financial
beneficially owned financial
dividend equivalent rights financial
ratably financial
non-derivative financial
FAQ
What insider transactions did FDXF report for Clement E. Klank III?
What are the vesting terms of the FDXF RSU grants to Clement E. Klank III?
Do the FDXF RSUs granted to Clement E. Klank III carry dividend equivalent rights?
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