FedEx Freight (FDXF) CFO Witt Marshall granted new RSU-based share awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FedEx Freight Holding Company, Inc. executive vice president and chief financial officer Witt Marshall reported two equity compensation grants. He acquired 1,954 shares of common stock as a grant of restricted stock units (RSUs) that fully vest on May 15, 2027. He also acquired 1,670 RSU-linked shares that vest in three installments on May 15, 2027, March 31, 2028, and February 15, 2029. These awards increased his directly held common stock reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Witt Marshall
Role
EVP - Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,670 | $0.00 | -- |
| Grant/Award | Common Stock | 1,954 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 2,656 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. 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-linked shares granted (award 1): 1,954 shares
RSU-linked shares granted (award 2): 1,670 shares
Shares held after award 1: 4,610 shares
+3 more
6 metrics
RSU-linked shares granted (award 1)
1,954 shares
Grant of RSUs fully vesting on May 15, 2027
RSU-linked shares granted (award 2)
1,670 shares
Grant of RSUs vesting in three installments through February 15, 2029
Shares held after award 1
4,610 shares
Total common stock reported following first A-code transaction
Shares held after award 2
2,656 shares
Total common stock reported following second A-code transaction
First RSU vesting date
May 15, 2027
Full vesting date for 1,954-share RSU grant
Final installment vesting date
February 15, 2029
Last vesting date for multi-year RSU grant
Key Terms
restricted stock units ("RSUs"), dividend equivalent rights, ratably in three installments, Form 4
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.
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.
ratably in three installments financial
"Represents a grant of RSUs that vest ratably in three installments on May 15, 2027, March 31, 2028, and February 15, 2029."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did FDXF CFO Witt Marshall report on this Form 4?
Witt Marshall reported acquiring company equity through two share-based compensation grants, not open-market purchases. The Form 4 shows awards of common stock tied to restricted stock units (RSUs), reflecting routine executive compensation rather than discretionary trading in FedEx Freight Holding Company, Inc. shares.
When do Witt Marshall’s new FDXF RSU awards vest?
One RSU grant fully vests on May 15, 2027. The second RSU grant vests ratably in three installments on May 15, 2027, March 31, 2028, and February 15, 2029, spreading the vesting schedule over several years as part of long-term incentive compensation.
Are Witt Marshall’s reported FDXF transactions open-market buys or compensation awards?
They are compensation awards, not open-market buys. Both transactions use code “A” for grants or other acquisitions at a reported price of $0.00, and the footnotes describe them as restricted stock unit (RSU) grants with specified vesting dates rather than purchases on an exchange.
Do Witt Marshall’s FDXF RSUs accrue dividend equivalent rights?
The RSU grant tied to 1,954 shares does not accrue dividend equivalent rights, according to the footnote. It represents a right to receive one share of FedEx Freight Holding Company, Inc. common stock upon vesting, without additional dividend-linked credits during the vesting period.