Sauerland John P 4

What Happened

• John P. Sauerland, a director of FedEx Freight Holding Company, Inc. (FDXF), was granted a total of 1,903 shares on 2026-06-29. The filing reports two award events: 734 shares issued in lieu of an annual retainer and 1,169 restricted stock units (RSUs). Both items show an acquisition price of $0.00 in the Form 4 (i.e., issued instead of cash).

Key Details

• Transaction date: 2026-06-29; Form 4 filed: 2026-07-01 (timely filing).
• Awards: 734 shares issued in lieu of annual retainer (footnote F1) and 1,169 RSUs (footnote F2), total = 1,903 shares.
• Reported price/value on Form 4: $0.00 for each award (compensation issuance, not a cash market trade).
• RSU vesting: the 1,169 RSUs fully vest on the date of the next FedEx Freight annual stockholders’ meeting; each RSU converts to one share upon vesting and RSUs do not accrue dividend equivalents (per footnote F2).
• Shares owned after the transaction: not specified in the provided excerpt of the filing.

Context

• These transactions are awards/compensation (code A), not open-market purchases or sales — common for director pay. RSUs are a deferred equity award and will only become shares upon vesting; they are not immediate purchases that signal personal cash investment.
• Receiving stock in lieu of cash retainers is routine director compensation and does not, by itself, indicate insider sentiment about short-term stock direction.