GORMAN STEPHEN E 4

What Happened Stephen E. Gorman, 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 grant as an acquisition (transaction code A) at $0.00 per RSU (total reported value $0). These RSUs represent rights to receive one share of company common stock upon vesting.

Key Details

• Transaction date: 2026-06-29; Form 4 filed: 2026-07-01 (appears filed within the standard two-business-day window).
• Transaction type/code: Grant/award (A) of 1,169 RSUs at $0.00 per unit (reported value $0).
• Shares owned after transaction: not disclosed on the provided filing.
• Footnote: RSUs fully vest on the date of the next FedEx Freight annual stockholder meeting; each RSU converts to one share upon vesting; RSUs do not accrue dividend equivalent rights.
• No indication in the filing of a 10b5-1 plan, tax-withholding sale, or other special handling.

Context This was an equity compensation grant to a director (routine for board members), not an open-market purchase or sale. RSUs convey future ownership only when they vest and are settled, so the economic value to the insider depends on FedEx Freight’s stock price at vesting. Such awards typically reflect compensation or retention practices rather than an immediate signal of insider sentiment.