Director Robert A. King granted 1,169 RSUs in FedEx Freight (FDXF) common stock
Rhea-AI Filing Summary
FedEx Freight Holding Company, Inc. director Robert A. King received an equity grant of 1,169 restricted stock units (RSUs) of common stock. The grant was recorded at a price of $0.00 per share, indicating it is a compensation award rather than a market purchase.
The RSUs fully vest on the date of the next FedEx Freight Holding Company, Inc. annual stockholder's meeting. Each RSU converts into one share of common stock upon vesting, and the RSUs do not accrue dividend equivalent rights. After this grant, King directly holds 9,358 shares of common stock.
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Insights
Routine director RSU grant with modest size and clear vesting terms.
Director Robert A. King received 1,169 RSUs in FedEx Freight Holding Company, Inc. common stock as a compensation grant, not a market purchase. The transaction code A and zero-dollar grant price indicate a standard equity award rather than an open-market trade.
The RSUs fully vest at the next annual stockholder's meeting, a common structure for director compensation that ties ownership to continued service. Each RSU will deliver one share of common stock on vesting, and the units do not earn dividend equivalents, slightly limiting interim economic benefits.
Following the grant, King directly holds 9,358 shares of common stock, suggesting the award is incremental rather than transformational to his overall holdings. With no derivative positions reported and no 10b5-1 trading language in the excerpt, this filing mainly updates investors on routine board-level equity compensation.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,169 | $0.00 | -- |
Footnotes (1)
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Key Figures
Key Terms
restricted stock units financial
RSUs financial
vest financial
dividend equivalent rights financial
annual stockholder's meeting financial
AI-generated analysis. How Rhea-AI works. Not financial advice.