FedEx CEO granted 10,725 stock options at $323.62

FedEx Corp President and CEO Rajesh Subramaniam reported a corrected grant of 10,725 non-qualified stock options.

Rhea-AI Filing Summary

FedEx Corp President and CEO Rajesh Subramaniam reported a corrected grant of 10,725 non-qualified stock options. These options give him the right to buy 10,725 shares of FedEx common stock at an exercise price of $323.62 per share and expire on June 25, 2036.

The filing is an amendment to a prior Form 4 and states the original report used an incorrect number of options due to a miscalculation in the Black-Scholes valuation methodology. The options vest ratably over three years from the June 25, 2026 grant date and are first exercisable one year after grant. Following this grant, he holds 10,725 options from this award.

Insider Trade Summary

Grant/Award: 10,725 shares

Grant/Award 1 txn

Insider Subramaniam Rajesh

Role President/CEO

Type	Security	Shares	Price	Value
Grant/Award	Non-qualified Stock Option (Right to Buy)	10,725	$0.00	$0.00

Holdings After Transaction: Non-qualified Stock Option (Right to Buy) — 10,725 contracts (Direct)

Footnotes (2)

1. 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.
2. 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: 10,725 options Exercise price: $323.62 per share Expiration date: June 25, 2036 +2 more

5 metrics

Options granted 10,725 options Non-qualified stock options granted on June 25, 2026

Exercise price $323.62 per share Exercise price for the 10,725 stock options

Expiration date June 25, 2036 Options expiration for this CEO award

Shares underlying options 10,725 shares FedEx common stock underlying this option grant

Post-grant option holdings from award 10,725 options Total options from this grant following the transaction

Key Terms

Non-qualified Stock Option, Black-Scholes valuation methodology, vest ratably over three years, Form 4/A

4 terms

Non-qualified Stock Option financial

"security_title: "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 over three years 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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/02/2026 - 04:37 PM EDT 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^*

Subramaniam Rajesh

(Last) (First) (Middle)

942 S SHADY GROVE ROAD

(Street)

MEMPHIS TENNESSEE 38120

(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)
	President/CEO

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		10,725(1)		(2)	06/25/2036	Common Stock	10,725	$0	10,725	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 Rajesh Subramaniam	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)