FedEx Freight (FDXF) Director Robert A. King Receives Stock Awards

What Happened
Robert A. King, a director of FedEx Freight Holding Company, Inc. (FDXF), was reported on Form 4 as acquiring awards on 2026-06-01 totaling 25,084 units: 8,189 shares of common stock (acquired) and three derivative awards of 9,590, 5,327 and 1,978 (reported as acquisitions at $0). The filing shows these were grants/conversions tied to the spin-off from FedEx and were reported with a $0 acquisition price.

Key Details

• Transaction date: 2026-06-01; Form 4 filed: 2026-06-03 (timely filing).
• Reported price/value: $0 for each award (reported as grants/conversions).
• Specific amounts: 8,189 shares (common stock) + derivatives of 9,590, 5,327 and 1,978 = 25,084 total reported units.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnotes: F1 = certain shares were converted from FedEx common stock into FedEx Freight stock due to the spin-off; F2 = certain items are options converted from FedEx into options to acquire the Issuer's stock; F3 = those converted options are fully vested and exercisable.
• Filing timeliness: appears timely (filed within two business days).

Context
These entries are awards/conversions related to the corporate spin-off (not open-market buys or sales). The derivative entries represent converted options/rights (not immediate cash sales); F3 indicates those options are fully vested and exercisable. Awards reported at $0 reflect the conversion/grant reporting method used in the spin-off and do not by themselves indicate a market purchase or sale.