Erwin Guy M II 4

What Happened

• Erwin Guy M II, SVP—Chief Accounting Officer of FedEx Freight Holding Company, Inc. (FDXF), was granted a total of 19,252 shares/equivalent on 2026-06-01 via awards and converted derivative awards. The grants were reported at $0 per share because they are conversions of prior FedEx equity awards/options in connection with the company spin-off. Breakdown: 1,739 shares (stock award) and four derivative award items of 1,943; 3,324; 4,162; and 8,084 shares (total = 19,252).

Key Details

• Transaction date: 2026-06-01. Report filed: 2026-06-03. No late-filing flag provided in the information supplied.
• Price: $0.00 per share (conversion of pre-existing FedEx awards; not an open-market purchase).
• Shares after transaction: Not disclosed in the provided filing.
• Footnotes from the filing:
  • F1: These represent FedEx common-stock awards (including originally granted FedEx equity awards) converted into FedEx Freight awards due to the spin-off.
  • F2: Some items represent options to acquire common stock converted from FedEx options.
  • F3: Converted options vest ratably over four years from the original FedEx grant date and first become exercisable one year after that original grant date.
• Transaction type code: A = Award/Grant; some entries are derivative awards (converted options).

Context

• These entries reflect conversion of pre-existing FedEx awards into FedEx Freight awards as part of a corporate spin-off, not a cash purchase or sale. For the converted options, vesting/when they become exercisable follows the original FedEx grant schedule (see F3). Such corporate-conversion awards typically reflect restructuring mechanics rather than new insider buying or selling activity.