FedEx Freight (FDXF) director granted 1,169 RSUs in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GORMAN STEPHEN E reported acquisition or exercise transactions in this Form 4 filing.
FedEx Freight Holding Company, Inc. director Stephen E. Gorman received a grant of 1,169 shares of Common Stock in the form of restricted stock units. These RSUs vest on the date of the next annual stockholder meeting. Following the award, he holds 3,819 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GORMAN STEPHEN E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,169 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 3,819 shares (Direct)
Footnotes (1)
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Key Figures
RSUs granted: 1,169 RSUs
Shares owned after grant: 3,819 shares
Grant price per share: $0.0000 per share
3 metrics
RSUs granted
1,169 RSUs
Restricted stock units granted to director on 2026-06-29
Shares owned after grant
3,819 shares
Total Common Stock directly held after transaction
Grant price per share
$0.0000 per share
Equity award granted with no purchase price
Key Terms
restricted stock units ("RSUs"), annual stockholder's meeting, dividend equivalent rights, Common Stock
4 terms
restricted stock units ("RSUs") financial
"Represents a grant of restricted stock units ("RSUs") that fully vest..."
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.
annual stockholder's meeting regulatory
"...fully vest on the date of the next FedEx Freight Holding Company, Inc. annual stockholder's meeting."
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.
Common Stock financial
"Each RSU represents a right to receive one share of Company common stock upon vesting."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did FedEx Freight (FDXF) report for Stephen E. Gorman?
FedEx Freight reported that director Stephen E. Gorman received 1,169 restricted stock units. Each RSU converts into one share of Common Stock when it vests, increasing his direct holdings to 3,819 shares after the grant, according to the Form 4 filing details.
What are the terms of the 1,169 RSUs granted at FedEx Freight (FDXF)?
The 1,169 restricted stock units fully vest on the date of FedEx Freight’s next annual stockholder meeting. Each RSU represents the right to receive one share of company Common Stock upon vesting and does not provide any dividend equivalent rights before conversion.
Is the FedEx Freight (FDXF) Form 4 transaction a market purchase or a compensation grant?
The Form 4 discloses a compensation-related equity grant, not a market purchase. Stephen E. Gorman received 1,169 shares through a grant of restricted stock units at no purchase price, categorized as a grant, award, or other acquisition in the filing’s transaction code description.
Do the FedEx Freight (FDXF) RSUs reported in the Form 4 earn dividends before vesting?
The RSUs reported in the Form 4 do not accrue dividend equivalent rights. Although each restricted stock unit will convert into one share of Common Stock upon vesting, holders do not receive dividend-like payments on these units before they vest at the next annual meeting.