The ferrous complex [(L1)FeII–THF]–, featuring the trisamido‐amine ligand [(RNC6H4)3N]3–, where R is the electron‐rich 4‐tBu‐Ph moiety, can undergo a one‐electron oxidation by dioxygen to afford the corresponding [(L1)FeIII–OH]– complex, and a parallel two‐electron oxidation to generate the antiferromagnetically coupled diferric μ‐oxo compound [(L1re–1)Fe–O–Fe(L1re–1)]. The latter compound possesses a ligand that exhibits oxidative rearrangement and retention of the oxidation equivalent in a o‐diiminobenzosemiquinato moiety as a π radical. Ligand oxidation is perceived to initiate at an amido residue leading to formation of an electrophilic, metal‐bould aminyl radical that undergoes an 1,4‐(N‐to‐N) aryl migration reaction.(© Wiley‐VCH Verlag GmbH & Co. KGaA, 69451 Weinheim, Germany, 2008)