Rodgers Michael 4

What Happened
Michael Rodgers, EVP and Chief Technology Officer of FedEx Freight Holding Company, Inc. (FDXF), was awarded a total of 5,380 shares on 2026-06-01. The filing shows 497 shares acquired outright (A) and 4,883 shares reported as a derivative acquisition (A). Both line items are recorded at $0 cash price on the Form 4 (these reflect converted FedEx awards/options tied to the spin-off).

Key Details

• Transaction date: 2026-06-01; Form 4 filed 2026-06-03 (timely within the two-business-day window).
• Reported amounts/prices: 497 shares @ $0.00 (acquisition); 4,883 shares @ $0.00 (derivative acquisition). Total shares involved = 5,380.
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes: F1 = common stock awards converted from FedEx awards; F2 = options to acquire FedEx stock converted into options for the Issuer; F3 = converted options vest ratably over four years from the original FedEx grant date and first become exercisable one year from the original grant date.
• Transaction code: A = award/grant/acquisition. No sale or open‑market purchase reported.

Context
These entries reflect conversion of pre‑existing FedEx equity awards and options into FedEx Freight awards as part of the company spin‑off, not a cash purchase or sale. Derivative items (the 4,883 shares) represent converted option-related awards that have their original vesting schedule (see F3). Such award conversions are administrative and do not, by themselves, indicate insider buying or selling intent.