Klank Clement E III 4

4 · FedEx Freight Holding Company, Inc. · Filed Jun 3, 2026

AI-generated summary of this filing

Updated Jun 4, 2026

FedEx Freight (FDXF) EVP Clement E. Klank III Receives Awards

What Happened

Clement E. Klank III, Executive Vice President (CHRLO) of FedEx Freight Holding Company, Inc., received awards on 2026-06-01 totaling 42,938 shares/options. The filing shows: 5,029 shares of common stock granted at $0.00 and five derivative awards (options/converted awards) totaling 37,909 units, also recorded at $0.00. These were conversion grants tied to the spin-off from FedEx, not open-market purchases or sales.

Key Details

Transaction date: 2026-06-01; Form 4 filed: 2026-06-03 (timely filing).
Price: $0.00 per share/unit on the Form 4; total recorded cash value $0 (conversion of prior FedEx awards).
Breakdown: 5,029 common shares (converted FedEx equity) + 37,909 derivative awards/options (converted FedEx options).
Shares owned after transaction: Not specified in the provided filing excerpt.
Notable footnotes:
- F1: Common-stock awards converted from FedEx into FedEx Freight stock due to the spin-off.
- F2: Options to acquire FedEx stock that were converted into options to acquire FedEx Freight stock.
- F3: Some converted options are fully vested and exercisable.
- F4: Some converted awards/options vest ratably over four years from the original FedEx grant date (first exercisable one year from original grant).
Filing status: No late filing indicated in the record provided.

Context

These entries reflect award and option conversions tied to FedEx Freight’s spin-off from FedEx Corporation. The $0.00 acquisition price indicates conversion of pre-existing FedEx equity awards/options rather than a new cash purchase. For derivatives, conversion may result in immediately exercisable options for some grants (F3) or awards that continue to vest over time (F4). These types of awards are compensation/transition-related and do not by themselves indicate a buy or sell signal in the open market.

Form 4

Period: 2026-06-01

EVP - CHRLO

Transactions

Award
Common Stock
[F1]
2026-06-01+5,029→ 5,029 total
Award
Stock Option (Right to Buy)
[F2][F3]
2026-06-01+7,105→ 7,105 total
Exercise: $117.35Exp: 2031-06-14→ Common Stock (7,105 underlying)
Award
Stock Option (Right to Buy)
[F2][F4]
2026-06-01+9,251→ 9,251 total
Exercise: $90.40Exp: 2032-06-30→ Common Stock (9,251 underlying)
Award
Stock Option (Right to Buy)
[F2][F4]
2026-06-01+7,921→ 7,921 total
Exercise: $91.45Exp: 2033-06-22→ Common Stock (7,921 underlying)
Award
Stock Option (Right to Buy)
[F2][F4]
2026-06-01+5,548→ 5,548 total
Exercise: $116.36Exp: 2034-06-27→ Common Stock (5,548 underlying)
Award
Stock Option (Right to Buy)
[F2][F4]
2026-06-01+8,084→ 8,084 total
Exercise: $88.85Exp: 2035-06-26→ Common Stock (8,084 underlying)

Footnotes (4)

[F1]Represents shares of common stock of FedEx Corporation ("FedEx"), including equity awards originally granted by FedEx, that have been converted into equity awards of FedEx Freight Holding Company, Inc. (the "Issuer") in connection with the spin-off of the Issuer from FedEx.
[F2]Represents options to acquire FedEx common stock that have been converted into options to acquire the Issuer's common stock in connection with the spin-off of the Issuer from FedEx.
[F3]Fully vested and exercisable.
[F4]Vest ratably over four years from the original grant date of the FedEx stock option (i.e., ten years prior to the option's expiration date) and are first exercisable one year from the original grant date.

Signature

/s/ Edward J. Garitty, as Attorney-in-Fact|2026-06-03

1 file