FedEx Freight (FDXF) Director Robert A. King Receives RSU Award

What Happened
Robert A. King, a director of FedEx Freight Holding Company, Inc. (FDXF), was granted 1,169 restricted stock units (RSUs) on June 29, 2026. The Form 4 reports the acquisition at $0.00 per RSU (total reported value $0) under transaction code A (award/grant). Each RSU represents a right to receive one share of common stock upon vesting.

Key Details

• Transaction date: 2026-06-29; Filing date (Form 4): 2026-07-01 (filed timely).
• Grant: 1,169 RSUs @ $0.00 (award/grant, code A). Reported acquisition value: $0.
• Vesting: Per footnote, the RSUs "fully vest on the date of the next FedEx Freight annual stockholder's meeting."
• Dividend equivalents: The RSUs do not accrue dividend equivalent rights (per footnote F1).
• Post-transaction holdings: Not specified in the filing.

Context
This is a grant of restricted stock units (a compensation award), not an open-market purchase or sale. RSUs convert to shares only upon vesting—here, at the next annual meeting—so this award does not immediately change share ownership or produce proceeds. Awards like this are common for board compensation and do not by themselves signal a buy or sell intent.