FedEx Freight sets transition-year cash incentive plan with CEO target payout at 175% of base salary

FedEx Freight established its Transition Year 2026 (TY26) annual cash incentive plan, effective June 1–Dec. 31, 2026, tied to adjusted consolidated operating income. CEO John A. Smith has a target payout of 175% of prorated base salary, while other named executives are set at 100%. Payouts scale up to a 200% cap above target, with no payout below the threshold. Additionally, an HR committee approved a TY26–CY28 long-term equity incentive program with grants scheduled for June 29.

FedEx Freight set a TY26 annual cash incentive plan covering June 1–Dec. 31, 2026, tied to adjusted consolidated operating income. * No payout for executive officers below the threshold; above-target payouts scale to a 200% cap of target. * CEO John A. Smith target payout set at 175% of prorated base salary; other named executive officers set at 100%. * HR committee also established the TY26–CY28 long-term equity incentive program running June 1, 2026–Dec. 31, 2028, with grants slated for June 29. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FedEx Freight Holding Company Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-078270), on June 26, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

FedEx Freight set a TY26 annual cash incentive plan covering June 1–Dec. 31, 2026, tied to adjusted consolidated operating income. * No payout for executive officers below the threshold; above-target payouts scale to a 200% cap of target. * CEO John A. Smith target payout set at 175% of prorated base salary; other named executive officers set at 100%. * HR committee also established the TY26–CY28 long-term equity incentive program running June 1, 2026–Dec. 31, 2028, with grants slated for June 29. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FedEx Freight Holding Company Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-078270), on June 26, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here