FedEx (FDX) COO Richard W. Smith awarded 3,478 stock options in corrected Form 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

1 transaction reported

Mixed 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	--

Holdings After Transaction: Non-qualified Stock Option (Right to Buy) — 3,478 shares (Direct, null)

Footnotes (1)

1. 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. 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.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 04:37 PM Accepted by SEC EDGAR 07/02/2026 - 04:36 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Smith Richard W

(Last) (First) (Middle)

145 LT GEORGE W. LEE

(Street)

MEMPHIS TENNESSEE 38103

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
FEDEX CORP [ FDX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	COO INTL - CEO Airline FEC

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/25/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)
06/26/2026

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Non-qualified Stock Option (Right to Buy)	$323.62	06/25/2026		A		3,478(1)		(2)	06/25/2036	Common Stock	3,478	$0	3,478	D

Explanation of Responses:

1. 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.

2. These options vest ratably over three years from the date of grant and are first exercisable one year from date of grant.

	/s/ Alana L. Griffin, Attorney-in-Fact for Richard W. Smith	07/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

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.