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.