MARTIN R BRAD 4

What Happened

• Martin R. Brad, a director of FedEx Freight Holding Company, Inc. (FDXF), was awarded/received a total of 118,007 shares and derivative awards on 2026-06-01. The Form 4 shows multiple award/conversion entries (total direct awards = 45,439 shares; derivative awards/options = 72,568 shares) with an acquisition price of $0.00 per share (reported as awards/conversions related to the company spin-off). No open‑market purchases or sales were reported.

Key Details

• Transaction date: 2026-06-01; Form 4 filed: 2026-06-03 (timely filing within the Form 4 deadline).
• Price reported: $0.00 per share (award/conversion, not an open‑market trade).
• Total shares/awards received: 118,007 (45,439 direct equity awards + 72,568 derivative awards/options).
• Shares owned after transaction: Not specified in the provided filing data.
• Notable footnotes from the filing:
  • F1: FedEx equity awards converted into FedEx Freight awards as part of the spin‑off.
  • F2: Options to acquire FedEx common stock converted into options to acquire FedEx Freight common stock.
  • F3: Some converted awards/options are fully vested and exercisable.
  • F4: Certain options vest ratably over four years from the original FedEx grant date and become first exercisable one year from the original grant date.
• Filing timeliness: Reported within two business days of the transaction (not a late filing).

Context

• These entries are awards/conversions tied to the FedEx → FedEx Freight spin‑off, not market purchases or sales; the $0 price reflects conversion/award accounting on the Form 4. Some converted derivative awards are fully vested/exercisable while others retain original vesting schedules. Receiving awards in this context is typically part of compensation/conversion mechanics and does not by itself indicate a market trade or immediate sale.