Form 4: FedEx Executive Receives Stock Grants
Statement of Changes in Beneficial Ownership
Clinton D. McCoy, EVP - Chief Operating Officer of FedEx Freight Holding Company, Inc., was granted restricted stock units on June 29, 2026.
Summary
- Clinton D. McCoy, EVP - Chief Operating Officer of FedEx Freight Holding Company, Inc., received grants of restricted stock units (RSUs) on June 29, 2026.
- The first grant consists of 1,670 RSUs that will fully vest on May 15, 2027. These RSUs do not accrue dividend equivalent rights.
- The second grant comprises 1,837 RSUs that will vest in three installments: on May 15, 2027, March 31, 2028, and February 15, 2029.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, reflecting standard executive compensation practices rather than significant financial performance or strategic shifts.
Positives
- The company is granting equity awards to a key executive, indicating a commitment to retaining and incentivizing leadership.
- The grants are structured with future vesting dates, aligning executive interests with long-term company performance.
Risks
- The RSUs do not accrue dividend equivalent rights, which may be a point of concern for the executive compared to other equity awards.
- Vesting is contingent on continued employment, meaning the executive could forfeit unvested RSUs if employment terminates before vesting dates.
Future Outlook
The future outlook is tied to the vesting schedules of the granted RSUs, which are contingent on continued employment and specific future dates.
Industry Context
StockSavvy.ai notes that the granting of RSUs to senior executives is a common practice in the logistics and transportation industry to align executive compensation with shareholder value and long-term company performance.
Stakeholder Impact
- Shareholders: The grants are a form of compensation, which impacts dilution and executive alignment with long-term value creation.
- Employees: May reflect the company's broader compensation philosophy for its executive team.
- Management: Directly impacts the compensation and incentives of Clinton D. McCoy.
Next Steps
- Vesting of the granted RSUs according to the specified schedules.
- Continued employment of Clinton D. McCoy as EVP - Chief Operating Officer.
Key Dates
| Date | Description |
|---|---|
| 06/29/2026 | Transaction Date for RSU grants |
| 05/15/2027 | Full vesting date for the first RSU grant and first installment vesting date for the second RSU grant |
| 03/31/2028 | Second installment vesting date for the second RSU grant |
| 02/15/2029 | Third and final installment vesting date for the second RSU grant |
Keywords
Form 4, SEC Filing, FedEx, Clinton D. McCoy, Restricted Stock Units, RSUs, Executive Compensation, Stock Grants, Vesting Schedule, Beneficial Ownership
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