FEDEX CORP 4
4 · FedEx Freight Holding Company, Inc. · Filed Jun 1, 2026
Research Summary
AI-generated summary of this filing
FedEx Freight (FDXF) 10% Owner FedEx Corp Distributes 119.8M Shares
What Happened
FedEx Corporation, reported as a 10% owner, disposed of 119,753,703 shares of FedEx Freight Holding Company, Inc. (FDXF) on June 1, 2026. The disposition was a pro rata dividend/distribution to FedEx common shareholders (no cash received, $0 proceeds). Prior to the distribution, FedEx’s 100 shares were converted into 149,505,248 Freight shares in a transaction exempt from reporting under Rule 16a-9.
Key Details
- Transaction date: June 1, 2026 (effective 12:01 a.m. CT). Report filed 2026-06-01.
- Transaction type/code: Other acquisition or disposition (Code J) — distribution, not a market sale.
- Shares disposed: 119,753,703 at $0.00 (no proceeds).
- Shares created before distribution: 149,505,248 (conversion exempt under Rule 16a-9).
- Shares owned after transaction (FedEx retention): 29,751,545 shares (≈19.9% of issued stock).
- Filing timeliness: Filed on the same day (no late filing indicated).
- Footnote: The 119.8M distribution represented 80.1% of the issued and outstanding Freight shares, distributed pro rata to FedEx common stockholders.
Context
This was a corporate distribution (spin-off/dividend) rather than an insider sale or purchase; FedEx simply reduced its stake by distributing shares to its shareholders. As a 10% owner (institutional entity), this action reflects a corporate restructuring event and does not signal an individual executive’s trading decision.
Insider Transaction Report
- Other
Common Stock
[F1]2026-06-01−119,753,703→ 29,751,545 total
Footnotes (1)
- [F1]On June 1, 2026, at 12:01 a.m., Central Time, FedEx Corporation ("FedEx") distributed 80.1% of the issued and outstanding shares of common stock of FedEx Freight Holding Company, Inc. ("Freight Common Stock") to the holders of FedEx common stock as of the close of business on May 15, 2026 in a pro rata dividend. Prior thereto, the 100 shares of Freight Common Stock held by FedEx that constituted all of the issued and outstanding shares of Freight Common Stock were converted into 149,505,248 shares of Freight Common Stock in a transaction exempt from reporting pursuant to Rule 16a-9 under the Securities Exchange Act of 1934.