FedEx (FDX) CEO receives corrected grant of 10,725 non-qualified stock options
Filing Impact
Filing Sentiment
Form Type
4/A
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
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 | -- |
Holdings After Transaction:
Non-qualified Stock Option (Right to Buy) — 10,725 shares (Direct, null)
Footnotes (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: 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.
