FedEx COO granted 3,478 stock options in Form 4/A
FedEx Corp director and executive Richard W. Smith received a grant of 3,478 non-qualified stock options to buy FedEx common shares at an exercise price of $323.62 per share.
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Form Type
4/A
Rhea-AI Filing Summary
FedEx Corp director and executive Richard W. Smith received a grant of 3,478 non-qualified stock options to buy FedEx common shares at an exercise price of $323.62 per share. This amended Form 4 corrects the number of options previously reported, which was miscalculated using the Black-Scholes valuation methodology.
The options vest ratably over three years from the grant date and are first exercisable one year after grant. Following this award, Smith holds 3,478 such options directly under this specific grant.
Insider Trade Summary
Grant/Award: 3,478 shares
Grant/Award
1 txn
Insider
Smith Richard W
Role
COO INTL - CEO Airline FEC
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-qualified Stock Option (Right to Buy) | 3,478 | $0.00 | $0.00 |
Holdings After Transaction:
Non-qualified Stock Option (Right to Buy) — 3,478 contracts (Direct)
Footnotes (2)
- F1. This Form 4/A is being filed solely to correct the number of stock options reported on the Form 4 originally filed on June 26, 2026 ("Original Form 4"). The number of stock options reported in the Original Form 4 was incorrect due to a miscalculation in the Black-Scholes valuation methodology used to determine the reportable amount of stock options.
- F2. These options vest ratably over three years from the date of grant and are first exercisable one year from date of grant.
Key Figures
Options granted: 3,478 options
Exercise price: $323.62 per share
Expiration date: June 25, 2036
+1 more
4 metrics
Options granted
3,478 options
Non-qualified stock option grant to Richard W. Smith
Exercise price
$323.62 per share
Strike price for FedEx common stock under the option
Expiration date
June 25, 2036
Option expiration for this grant
Total options after grant
3,478 options
Derivative securities owned following the transaction
Key Terms
Non-qualified Stock Option, Black-Scholes valuation methodology, vest ratably, Form 4/A
4 terms
Non-qualified Stock Option financial
"Non-qualified Stock Option (Right to Buy)"
A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.
Black-Scholes valuation methodology financial
"incorrect due to a miscalculation in the Black-Scholes valuation methodology"
vest ratably financial
"These options vest ratably over three years from the date of grant"
Form 4/A regulatory
"This Form 4/A is being filed solely to correct the number of stock options"
Form 4/A is an amended filing that corrects or updates an earlier Form 4, the mandatory report that insiders (like company executives, directors, or large shareholders) must file when their ownership stakes change. Think of it as an edited receipt showing who bought or sold stock and when; investors use it to track insider confidence, detect potential conflicts, and spot trading patterns that might signal future company prospects.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did FedEx (FDX) report for Richard W. Smith?
FedEx reported that Richard W. Smith received a grant of 3,478 non-qualified stock options. These options give him the right to buy FedEx common stock at an exercise price of $323.62 per share, subject to a time-based vesting schedule over three years.
Why is this FedEx (FDX) Form 4/A filing labeled as an amendment?
The filing is an amendment because it corrects the number of stock options previously reported. The original Form 4 contained an incorrect amount due to a miscalculation in the Black-Scholes valuation methodology used to determine the reportable stock option quantity.
How many FedEx stock options did Richard W. Smith hold after this grant?
After this grant, Richard W. Smith held 3,478 non-qualified stock options from this award. The filing states that total derivative securities following the transaction are 3,478, all tied to FedEx common stock under this specific option grant.
What is the exercise price and expiration date of Richard W. Smith’s FedEx options?
The options have an exercise price of $323.62 per share and expire on June 25, 2036. This means Smith can choose to buy FedEx common shares at $323.62 any time after they become exercisable and before the expiration date.
How do Richard W. Smith’s FedEx stock options vest over time?
The options vest ratably over three years from the grant date. According to the filing, they are first exercisable one year after grant, then continue vesting in equal portions each year until fully vested at the end of the three-year period.
Does this FedEx (FDX) Form 4/A indicate a stock purchase or sale by Richard W. Smith?
No, the filing reports a grant of non-qualified stock options, not an open-market purchase or sale. The transaction is coded as an award acquisition, giving Smith the right to buy shares in the future at a fixed exercise price if he chooses.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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