[Form 4] FedEx Corporation Insider Trading Activity

Rhea-AI Filing Summary

FedEx EVP/Chief Customer Officer Brie Carere reported significant equity compensation transactions on June 26, 2025. The insider received two major awards:

• 6,325 shares of Common Stock acquired directly at $0, bringing total direct ownership to 26,262 shares
• 16,105 Non-qualified Stock Options with a strike price of $223.06, expiring June 26, 2035

The stock options vest over a four-year period with initial exercisability one year from grant date. These transactions appear to be part of FedEx's executive compensation program rather than open market purchases. The filing indicates continued alignment of executive interests with shareholder value through equity-based compensation.

Positive

• EVP/Chief Customer Officer received significant equity compensation with 6,325 shares of restricted stock (worth approximately $1.4M at current market prices) and 16,105 stock options, demonstrating long-term alignment with shareholders

Negative

• None.

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^*

Carere Brie

(Last) (First) (Middle)

3610 HACKS CROSS ROAD

(Street)

MEMPHIS TN 38125

(City) (State) (Zip)

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/Chief Customer Officer

3. Date of Earliest Transaction (Month/Day/Year)
06/26/2025

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

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

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

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
Common Stock	06/26/2025		A		6,325	A	$0	26,262	D

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)	$223.06	06/26/2025		A		16,105		(1)	06/26/2035	Common Stock	16,105	$0	16,105	D

Explanation of Responses:

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

	/s/ Brie Carere	06/27/2025
	** 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.

FAQ

What insider trading activity occurred at FDX on June 26, 2025?

On June 26, 2025, Brie Carere, FedEx's EVP/Chief Customer Officer, acquired 6,325 shares of common stock at $0 and was granted 16,105 non-qualified stock options with an exercise price of $223.06.

How many FDX shares does Brie Carere own after the June 2025 transaction?

Following the reported transaction, Brie Carere directly owns 26,262 shares of FDX common stock, plus 16,105 stock options.

What are the terms of FDX stock options granted to Brie Carere in June 2025?

The stock options have an exercise price of $223.06, vest ratably over four years from the grant date, become first exercisable one year from grant date, and expire on June 26, 2035.

Who is Brie Carere at FedEx (FDX)?

Brie Carere serves as Executive Vice President and Chief Customer Officer at FedEx Corporation, as disclosed in the Form 4 filing.