FedEx (FDX) interim CFO Russ reports stock and option holdings on Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
FEDEX CORP’s interim CFO and interim CAO, Claude F. Russ, has filed a Form 3 showing his initial equity holdings in the company. The filing reports direct ownership of 3,542 shares of FedEx common stock. It also lists multiple non-qualified stock options, each giving the right to buy FedEx common shares at preset exercise prices.
The reported option positions cover 6,803 underlying shares at an exercise price of $176.07 per share, 4,707 shares at $230.59, 3,997 shares at $181.23, 2,008 shares at $179.14, 3,585 shares at $232.55, and 2,850 shares at $206.64. According to the footnote, these options first become exercisable one year from their respective grant dates. The Form 3 does not reflect new market transactions, but rather discloses existing ownership as Mr. Russ serves in his executive roles.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
Russ Claude F
Role
Interim CFO & Interim CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Non-qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Non-qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Non-qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Non-qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Non-qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Non-qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Non-qualified Stock Option (Right to Buy) — 2,850 shares (Direct, null);
Common Stock — 3,542 shares (Direct, null)
Footnotes (1)
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Key Figures
Direct common shares: 3,542 shares
Option underlying shares: 6,803 shares at $176.07
Option underlying shares: 4,707 shares at $230.59
+4 more
7 metrics
Direct common shares
3,542 shares
Initial Form 3 holding of FedEx common stock
Option underlying shares
6,803 shares at $176.07
Non-qualified stock option, expiration 2035-06-26
Option underlying shares
4,707 shares at $230.59
Non-qualified stock option, expiration 2034-06-27
Option underlying shares
3,997 shares at $181.23
Non-qualified stock option, expiration 2033-06-22
Option underlying shares
2,008 shares at $179.14
Non-qualified stock option, expiration 2032-06-30
Option underlying shares
3,585 shares at $232.55
Non-qualified stock option, expiration 2031-06-14
Option underlying shares
2,850 shares at $206.64
Non-qualified stock option, expiration 2028-06-11
Key Terms
Form 3, Non-qualified Stock Option (Right to Buy), exercise price, expiration date, +1 more
5 terms
Form 3 regulatory
"Filed as a Form 3 initial statement of beneficial ownership by an insider."
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
Non-qualified Stock Option (Right to Buy) financial
"Reports multiple Non-qualified Stock Option (Right to Buy) awards over FedEx common stock."
exercise price financial
"Each option grant lists an exercise price, such as $176.07 or $230.59 per share."
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"Option positions include an expiration date between June 2028 and June 2035."
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What does Claude F. Russ report owning in FedEx (FDX) on this Form 3?
Claude F. Russ reports direct ownership of 3,542 shares of FedEx common stock. He also lists several non-qualified stock options that give him the right to buy additional FedEx shares at preset exercise prices over future years.
Are there any stock purchases or sales in this FedEx (FDX) Form 3 filing?
This Form 3 does not report new stock purchases or sales. It is an initial ownership statement that lists Claude F. Russ’s existing FedEx common shares and stock options as he serves as interim CFO and interim CAO.
What stock option positions does the FedEx (FDX) interim CFO report?
Claude F. Russ reports several non-qualified stock options, including rights over 6,803 shares at $176.07, 4,707 shares at $230.59, 3,997 shares at $181.23, 2,008 shares at $179.14, 3,585 shares at $232.55, and 2,850 shares at $206.64.
When do the FedEx (FDX) stock options reported by Claude F. Russ become exercisable?
A footnote states these options are first exercisable one year from the date of grant. The filing also shows option expiration dates between June 2028 and June 2035, outlining a long-term compensation structure.
What are the expiration dates of the FedEx (FDX) options held by the interim CFO?
The non-qualified stock options held by Claude F. Russ expire on dates ranging from June 11, 2028 to June 26, 2035. Each grant has its own expiration date and exercise price tied to underlying FedEx common shares.
Why did FedEx (FDX) file this Form 3 for Claude F. Russ?
Form 3 is an initial statement of beneficial ownership for insiders. FedEx filed it to disclose Claude F. Russ’s existing holdings in common stock and options as he serves as interim CFO and interim CAO of the company.