STOCK TITAN
  1. Home
  2. Sec-filings
  3. FDXF
  4. [Form 4] FedEx Freight Holding Company, Inc. Insider Trading Activity

FedEx Freight (FDXF) EVP Klank receives converted stock and option awards

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

FedEx Freight Holding Company, Inc. executive Clement E. Klank III, EVP – CHRLO, reported equity awards tied to the spin-off from FedEx Corporation. He acquired 5,029 shares of common stock, representing converted FedEx equity awards.

Klank also received several stock options (rights to buy common stock) that were converted from FedEx options, covering 8,084, 5,548, 7,921, 9,251 and 7,105 shares at exercise prices between $88.85 and $117.35 per share, with expirations from 2031 to 2035. Footnotes state some options are fully vested and exercisable, while others vest ratably over four years from their original FedEx grant dates.

Positive

  • None.

Negative

  • None.
Insider Klank Clement E III
Role EVP - CHRLO
Type Security Shares Price Value
Grant/Award Stock Option (Right to Buy) 7,105 $0.00 --
Grant/Award Stock Option (Right to Buy) 9,251 $0.00 --
Grant/Award Stock Option (Right to Buy) 7,921 $0.00 --
Grant/Award Stock Option (Right to Buy) 5,548 $0.00 --
Grant/Award Stock Option (Right to Buy) 8,084 $0.00 --
Grant/Award Common Stock 5,029 $0.00 --
Holdings After Transaction: Stock Option (Right to Buy) — 7,105 shares (Direct, null); Common Stock — 5,029 shares (Direct, null)
Footnotes (1)
  1. Represents shares of common stock of FedEx Corporation ("FedEx"), including equity awards originally granted by FedEx, that have been converted into equity awards of FedEx Freight Holding Company, Inc. (the "Issuer") in connection with the spin-off of the Issuer from FedEx. Represents options to acquire FedEx common stock that have been converted into options to acquire the Issuer's common stock in connection with the spin-off of the Issuer from FedEx. Fully vested and exercisable. Vest ratably over four years from the original grant date of the FedEx stock option (i.e., ten years prior to the option's expiration date) and are first exercisable one year from the original grant date.
Common shares acquired 5,029 shares Direct common stock holding after transaction
Option grant 1 size 8,084 options Stock Option (Right to Buy), underlying common shares
Option grant 1 exercise price $88.85/share Conversion or exercise price for 8,084-share option
Option grant 2 size 5,548 options Stock Option (Right to Buy), underlying common shares
Option grant 2 exercise price $116.36/share Conversion or exercise price for 5,548-share option
Latest-expiring options 8,084 options expiring 2035-06-26 Stock Option (Right to Buy) expiration date
Earliest-expiring options 7,105 options expiring 2031-06-14 Stock Option (Right to Buy) expiration date
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
spin-off financial
"in connection with the spin-off of the Issuer from FedEx"
A spin-off happens when a company creates a new, independent business by separating part of itself, like splitting off a division into its own company. This often happens so the new company can focus better on its own goals or attract different investors. It matters because it can lead to more growth opportunities and clearer focus for both companies.
equity awards financial
"including equity awards originally granted by FedEx, that have been converted"
Equity awards are payments to employees or directors made in the form of company stock or rights to buy stock later, serving as a way to share ownership rather than cash. For investors, they matter because they align staff incentives with company performance, can increase the number of shares outstanding over time (which can reduce each share’s claim on profits), and create compensation costs that affect reported earnings.
vest ratably over four years financial
"Vest ratably over four years from the original grant date of the FedEx stock option"
fully vested and exercisable financial
"Fully vested and exercisable."
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Klank Clement E III
(Last)(First)(Middle)
8285 TOURNAMENT DR.
(Street)
MEMPHIS TENNESSEE 38125
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
FedEx Freight Holding Company, Inc. [ FDXF ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP - CHRLO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/01/2026A5,029(1)A$05,029D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy)$117.3506/01/2026A(2)7,105 (3)06/14/2031Common Stock7,105$07,105D
Stock Option (Right to Buy)$90.406/01/2026A(2)9,251 (4)06/30/2032Common Stock9,251$09,251D
Stock Option (Right to Buy)$91.4506/01/2026A(2)7,921 (4)06/22/2033Common Stock7,921$07,921D
Stock Option (Right to Buy)$116.3606/01/2026A(2)5,548 (4)06/27/2034Common Stock5,548$05,548D
Stock Option (Right to Buy)$88.8506/01/2026A(2)8,084 (4)06/26/2035Common Stock8,084$08,084D
Explanation of Responses:
1. Represents shares of common stock of FedEx Corporation ("FedEx"), including equity awards originally granted by FedEx, that have been converted into equity awards of FedEx Freight Holding Company, Inc. (the "Issuer") in connection with the spin-off of the Issuer from FedEx.
2. Represents options to acquire FedEx common stock that have been converted into options to acquire the Issuer's common stock in connection with the spin-off of the Issuer from FedEx.
3. Fully vested and exercisable.
4. Vest ratably over four years from the original grant date of the FedEx stock option (i.e., ten years prior to the option's expiration date) and are first exercisable one year from the original grant date.
Remarks:
/s/ Edward J. Garitty, as Attorney-in-Fact06/03/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Clement E. Klank III report in this FedEx Freight (FDXF) Form 4?

Clement E. Klank III reported receiving 5,029 shares of FedEx Freight common stock and multiple stock option grants. These awards reflect equity originally granted by FedEx Corporation that were converted in connection with the FedEx Freight spin-off.

How many FedEx Freight (FDXF) shares did Clement Klank directly acquire?

He directly acquired 5,029 shares of FedEx Freight common stock. According to the filing, these shares represent converted FedEx equity awards following the spin-off, and 5,029 shares are shown as his total direct holdings after the reported transaction.

Are Clement Klank’s FedEx Freight (FDXF) stock options vested?

Footnotes state some options are fully vested and exercisable, while others vest ratably over four years from the original FedEx grant date. Those options are first exercisable one year from the original grant date and carry ten-year terms to expiration.

How is the FedEx Freight (FDXF) spin-off reflected in Clement Klank’s awards?

The filing explains that his FedEx Corporation equity awards were converted into FedEx Freight Holding Company, Inc. awards. Both the 5,029 common shares and the various option grants represent these converted awards resulting from the spin-off transaction.