McCoy Clinton D 4
4 · FedEx Freight Holding Company, Inc. · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
FDXF COO Clinton McCoy Receives Equity Awards
What Happened Clinton D. McCoy, Chief Operating Officer of FedEx Freight Holding Company, Inc. (FDXF), was granted five awards on 2026-06-01 totaling 12,893 shares (1,770 shares of common stock and 11,123 shares in the form of converted derivative awards/options). All grants show an acquisition price of $0.00 because they are conversions/awards related to the spin-off from FedEx Corporation.
Key Details
- Transaction date: 2026-06-01; Form 4 filed 2026-06-03 (timely filing).
- Awards: 1,770 shares (common stock, F1) + 1,365 + 2,337 + 2,538 + 4,883 (derivative/converted options, total 11,123; all reported as A = award/acquisition).
- Price: $0.00 for all items (reflects conversion/award, not a cash purchase).
- Shares owned after the transaction: not disclosed in the provided filing summary.
- Relevant footnotes from the filing:
- F1: Converted FedEx common stock awards that became Issuer (FDXF) awards in the spin-off.
- F2: Options to acquire FedEx stock that were converted into options to acquire the Issuer's common stock.
- F3: Converted options vest ratably over four years from the original FedEx grant date and become first exercisable one year after the original grant date.
Context These transactions reflect conversion of pre-existing FedEx awards/options into FedEx Freight awards as part of the spin-off, not an open-market purchase or sale. The presence of derivative awards means vesting and exercise rules apply (see F3); this filing documents receipt/conversion of awards rather than exercise or sale, so it should not be read as a routine buy/sell signal.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-01+1,770→ 1,770 total - Award
Stock Option (Right to Buy)
[F2][F3]2026-06-01+1,365→ 1,365 totalExercise: $90.40Exp: 2032-06-30→ Common Stock (1,365 underlying) - Award
Stock Option (Right to Buy)
[F2][F3]2026-06-01+2,337→ 2,337 totalExercise: $91.45Exp: 2033-06-22→ Common Stock (2,337 underlying) - Award
Stock Option (Right to Buy)
[F2][F3]2026-06-01+2,538→ 2,538 totalExercise: $116.36Exp: 2034-06-27→ Common Stock (2,538 underlying) - Award
Stock Option (Right to Buy)
[F2][F3]2026-06-01+4,883→ 4,883 totalExercise: $88.85Exp: 2035-06-26→ Common Stock (4,883 underlying)
Footnotes (3)
- [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]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.