FedEx International Chief Boosts Stake with Major Equity Awards Package
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FedEx COO International and CEO Airline FEC Richard W. Smith reported significant equity transactions on June 26, 2025:
- Stock Award: Acquired 6,325 shares of common stock at $0 (direct ownership), bringing total direct holdings to 97,951 shares
- Stock Options: Granted 16,105 non-qualified stock options with strike price of $223.06, expiring June 26, 2035
- Additional Holdings: Maintains indirect ownership of 80,200 shares through family trusts
The newly granted options vest over four years in equal installments, becoming first exercisable one year from grant date. This compensation package demonstrates FedEx's long-term executive retention strategy, aligning management interests with shareholder value through a mix of direct equity and performance incentives.
Positive
- COO International/CEO FedEx Express received significant equity grant of 6,325 shares (worth approximately $1.4M at current market prices) plus 16,105 stock options, demonstrating long-term alignment with shareholders
- Executive maintains substantial ownership with 97,951 direct shares and 80,200 indirect shares through family trusts, showing strong alignment with shareholder interests
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Smith Richard W
Role
COO INTL - CEO Airline FEC
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-qualified Stock Option (Right to Buy) | 16,105 | $0.00 | -- |
| Grant/Award | Common Stock | 6,325 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Non-qualified Stock Option (Right to Buy) — 16,105 shares (Direct);
Common Stock — 97,951 shares (Direct);
Common Stock — 80,200 shares (Indirect, By Family Trusts)
Footnotes (1)
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FAQ
What stock options were granted to FDX's COO International on June 26, 2025?
Richard W. Smith was granted 16,105 non-qualified stock options with an exercise price of $223.06. These options vest over four years and expire on June 26, 2035.
What is Richard Smith's total FDX stock ownership after the June 26, 2025 transactions?
After the reported transactions, Richard W. Smith's total FDX ownership consists of 97,951 shares held directly, 80,200 shares held indirectly through family trusts, and 16,105 unvested stock options, for a total beneficial ownership of 178,151 shares (excluding options).
What is Richard Smith's current position at FDX?
According to the Form 4 filing, Richard W. Smith serves as COO International and CEO Airline FEC at FedEx Corporation.