FedEx Freight (FDXF) EVP Clement Klank Receives RSU Award

What Happened
Clement E. Klank III, EVP (CHRO) of FedEx Freight Holding Company, Inc. (FDXF), was granted two awards of restricted stock units (RSUs) on June 29, 2026: 1,670 RSUs and 1,837 RSUs, for a total of 3,507 RSUs. The filing reports the RSUs with a $0.00 acquisition price (standard for RSU grants); no immediate cash outlay. The awards are compensation grants, not open‑market purchases or sales.

Key Details

• Transaction date: June 29, 2026; Form 4 filed July 1, 2026 (reporting period: 2026-06-29).
• Grant details: 1,670 RSUs (Footnote F1) and 1,837 RSUs (Footnote F3) — total 3,507 RSUs; reported price $0.00.
• Vesting: F1 award fully vests May 15, 2027; F3 award vests ratably in three installments on May 15, 2027, March 31, 2028, and February 15, 2029. RSUs do not accrue dividend equivalents (per F1).
• Ownership correction: Footnote F2 notes a prior filing miscalculation that overstated beneficial ownership by one share; the filing corrects that figure.
• No indication in the filing of tax‑withholding shares, 10b5‑1 plan, or late filing status.

Context
RSU grants are a common form of executive compensation meant to align executives with shareholder interests; they are not purchases and do not necessarily signal a personal investment decision. Each RSU represents a right to receive one share upon vesting. Retail investors should view this as routine compensation disclosure unless coupled with open‑market buys or sales.