FedEx Freight (FDXF) director granted common shares and RSUs as board compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FedEx Freight Holding Company, Inc. director John P. Sauerland reported equity-based compensation rather than open-market trading. He acquired 1,169 shares of common stock issued in lieu of annual retainer fees and received a grant of 734 restricted stock units that vest at the next annual stockholder meeting.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sauerland John P
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 734 | $0.00 | -- |
| Grant/Award | Common Stock | 1,169 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 734 shares (Direct, null)
Footnotes (1)
- This common stock was issued in lieu of annual retainer fees. Represents a grant of restricted stock units ("RSUs") that fully vest on the date of the next FedEx Freight Holding Company, Inc. annual stockholder's meeting. Each RSU represents a right to receive one share of Company common stock upon vesting. The RSUs do not accrue dividend equivalent rights.
Key Figures
Common shares awarded: 1,169 shares
Restricted stock units granted: 734 RSUs
Shares held after award: 1,903 shares
+1 more
4 metrics
Common shares awarded
1,169 shares
Issued in lieu of annual retainer fees on June 29, 2026
Restricted stock units granted
734 RSUs
Grant vests at next annual stockholder meeting
Shares held after award
1,903 shares
Direct common stock holdings following one grant
Transaction price per share
$0.00 per share
Equity issued as compensation, not purchased in market
Key Terms
annual retainer fees, restricted stock units ("RSUs"), dividend equivalent rights
3 terms
annual retainer fees financial
"This common stock was issued in lieu of annual retainer fees."
restricted stock units ("RSUs") financial
"Represents a grant of restricted stock units ("RSUs") that fully vest on the date"
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
"The RSUs 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.
FAQ
What insider transaction did FedEx Freight (FDXF) director John P. Sauerland report?
John P. Sauerland reported receiving equity compensation, not an open-market trade. He acquired 1,169 FedEx Freight common shares issued instead of annual retainer fees and a separate grant of 734 restricted stock units, both dated June 29, 2026.
Were John P. Sauerland’s FedEx Freight (FDXF) transactions open-market purchases or sales?
The reported transactions were not open-market purchases or sales. Both entries are coded as awards, reflecting common stock issued in lieu of annual retainer cash fees and a restricted stock unit grant, with a reported transaction price of $0.00 per share.
What are the terms of the FedEx Freight (FDXF) restricted stock units granted to John P. Sauerland?
The restricted stock units fully vest on the date of the next FedEx Freight annual stockholder meeting. Each RSU gives John P. Sauerland the right to receive one share of company common stock upon vesting and does not accrue any dividend equivalent rights.
Why did FedEx Freight (FDXF) issue common stock to John P. Sauerland with a zero price per share?
The common stock was issued as compensation in lieu of annual retainer fees, so no cash changed hands. This type of award converts what would typically be cash board compensation into stock, aligning the director’s interests more closely with shareholders’ performance.