[Form 4] FedEx Corporation Insider Trading Activity

Rhea-AI Filing Summary

FedEx CFO John W. Dietrich reported significant equity compensation awards on June 26, 2025. The transaction includes:

• 6,595 shares of common stock awarded at $0, bringing his direct ownership to 15,662 shares
• 20,135 non-qualified stock options granted with an exercise price of $223.06, expiring June 26, 2035

The stock options feature a four-year ratable vesting schedule, with first exercise eligibility one year from grant date. The awards suggest a long-term retention strategy for the CFO, aligning executive interests with shareholder value through a mix of direct equity and performance-based options. This compensation structure demonstrates FedEx's commitment to performance-linked executive compensation.

Positive

• CFO John W. Dietrich received a significant equity compensation package including 6,595 shares of common stock (RSUs) and 20,135 stock options, demonstrating long-term alignment with shareholder interests
• The stock options' exercise price of $223.06 requires stock appreciation to be valuable, incentivizing management to drive share price growth

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^*

DIETRICH JOHN W

(Last) (First) (Middle)

942 S SHADY GROVE ROAD

(Street)

MEMPHIS TN 38120

(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 FINANCIAL OFF

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		6,595	A	$0	15,662	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		20,135		(1)	06/26/2035	Common Stock	20,135	$0	20,135	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/ John W. Dietrich	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, FedEx CFO John W. Dietrich acquired 6,595 shares of common stock at $0 (likely as part of a compensation package) and was granted 20,135 non-qualified stock options with an exercise price of $223.06.

How many FDX shares does CFO John Dietrich own after the June 2025 transaction?

Following the reported transaction, John Dietrich directly owns 15,662 shares of FDX common stock and 20,135 stock options.

What are the terms of FDX stock options granted to CFO Dietrich 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 John W. Dietrich at FDX and what position does he hold?

John W. Dietrich serves as Executive Vice President and Chief Financial Officer (CFO) of FedEx Corporation, as indicated in the Form 4 filing.