FedEx (NYSE: FDX) EVP Talwar awarded 3,478 stock options at $323.62

Rhea-AI Filing Summary

FEDEX CORP executive Vishal Talwar reported a corrected grant of stock options. The amended Form 4 shows an award of 3,478 non-qualified stock options on Common Stock at an exercise price of $323.62 per share, expiring on June 25, 2036.

According to the filing, these options vest ratably over three years and are first exercisable one year from the grant date. The amendment was filed solely to correct the number of stock options previously reported, which had been misstated due to a miscalculation in the Black-Scholes valuation methodology.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Talwar Vishal

Role EVP CDIO & PRESIDENT FDW

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 Underlying shares: 3,478 shares +3 more

6 metrics

Options granted 3,478 options Non-qualified stock options granted on June 25, 2026

Exercise price $323.62 per share Exercise price for the non-qualified stock options

Underlying shares 3,478 shares Underlying FedEx Common Stock tied to the options

Total options after grant 3,478 options Total derivative holdings following the reported transaction

Option expiration June 25, 2036 Expiration date of the stock options

Vesting period Three years Options vest ratably over three years from grant date

Key Terms

Non-qualified Stock Option, Black-Scholes valuation methodology, vest ratably over three years, exercise price

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"

exercise price financial

"conversion_or_exercise_price": "323.6200""

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.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 04:38 PM Accepted by SEC EDGAR 07/02/2026 - 04:38 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^*

Talwar Vishal

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP CDIO & PRESIDENT FDW

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 Vishal Talwar	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 did the FedEx (FDX) Form 4/A filed for Vishal Talwar report?

The Form 4/A reports a corrected grant of 3,478 non-qualified stock options to FedEx executive Vishal Talwar. It amends an earlier filing where the option amount was miscalculated, clarifying his compensation-related equity award and the accurate number of options received.

Is the Vishal Talwar FedEx (FDX) Form 4/A an open-market stock purchase or sale?

The filing reflects a grant of non-qualified stock options as compensation, not an open-market stock purchase or sale. These options give Talwar the right to buy FedEx common shares at a set exercise price if vesting conditions are met over time.

How many FedEx (FDX) stock options were granted to Vishal Talwar and at what price?

Talwar was granted 3,478 non-qualified stock options on FedEx common stock at an exercise price of $323.62 per share. This grant represents equity-based compensation and can be exercised in the future once vesting and exercisability conditions are satisfied.

What vesting schedule applies to Vishal Talwar’s FedEx (FDX) stock option grant?

The options vest ratably over three years from the grant date and are first exercisable one year after grant. This means portions of the 3,478 options become available over time, aligning Talwar’s long-term incentives with FedEx’s ongoing performance.

Why did FedEx (FDX) file an amended Form 4/A for Vishal Talwar?

The amendment was filed solely to correct the number of stock options originally reported. The prior Form 4 mis-stated the amount because of a miscalculation in the Black-Scholes valuation methodology used to determine the reportable number of options.

When do Vishal Talwar’s FedEx (FDX) stock options expire?

The non-qualified stock options granted to Talwar expire on June 25, 2036. If unexercised by that date, the right to buy FedEx common stock at the $323.62 exercise price will lapse under the terms described in the filing.